Land to South of Downes Way, East Preston, Littlehampton
LE

Land to South of Downes Way, East Preston, Littlehampton

By Lextons Auctions

£ 150,000

Reviews

2 out of 5 stars

Lextons Auctions says ..

SOLD BY LEXTONS AUCTIONS Auction Guide Price £150,000+ Land with outline consent for detached property Rare opportunity to purchase this freehold plot of land with outline planning permission granted on appeal dated 24th September 2021 to be able to build a most attract...

Property Oracle says ..

This listing is for a plot of land located in East Preston, West Sussex, with outline planning permission granted for a detached property. The plot is situated on Downs Way, relatively close to Angmering train station and several schools, including East Preston Junior School and East Preston Infant School. Proximity to Angmering provides transport links and nearby amenities. The planning permission reduces some of the risk usually associated with purchasing a plot of land. While the immediate surrounding properties vary in style and age, the aerial imagery suggests integration of the property within its surrounding neighbourhood. The list price, whilst seemingly slightly high compared to some adjacent properties, appears reasonable given the inclusion of planning permission for a new build. There is no existing building, no existing garden space, and only the plot itself is for sale. Potential buyers should carefully consider the associated costs of construction and associated planning fees, as well as the potential future value of the property once the new build is completed. Further, prospective buyers should thoroughly review the planning permission documents before purchasing. A full property survey and an independent valuation should be obtained prior to exchanging contracts.

Therefore, we give this property 4 / 10. *Disclaimer: This is our option and does constitute a recommendation or financial advice. Do your own research. *

Price
6
Condition
1
Location
7
Land
4
Bedrooms
0
Bathrooms
0
Sqft (est)
1,399.31

The heatmap indicates the level of crime in the area. The color of the heatmap indicates the crime severity and recency.

Metrics Year-on-Year

Average area value
636,667.00 £
Decreased by 17.62 %
from 772,798.00 £
Est sale value
1,546,237.55 £
Increased by 98.38 %
from 779,415.67 £
Average area rental value
2,030.00 £/mo
Increased by 3.89 %
from 1,954.00 £/mo
Est letting value
4,197.93 £/mo
Increased by 200.00 %
from 1,399.31 £/mo
Est rental Yield
3.83 %
Increased by 26.40 %
from 3.03 %
Crime Rate
3.00 %
Unchanged by 0.00 %
from 3.00 %

Agent Activity

  • Lextons Auctions marked this listing as sold.

  • Lextons Auctions created the listing.

Nearby Schools

NameTypeOfstedDistance
The Angmering SchoolCommunity SchoolRequires improvement0.62 KM
East Preston Junior SchoolAcademy ConverterGood0.82 KM
East Preston Children And Family CentreChildren's Centre0.83 KM
East Preston Infant SchoolCommunity SchoolGood0.88 KM
Georgian Gardens Community Primary SchoolCommunity SchoolRequires improvement0.90 KM

Images

Aerial View Location Plan Proposed Aerial View Aerial View Proposed West Elevation Indicative Site Layout Proposed East Elevation

Nearby Streets

NameAverage PriceAverage SqftDistance
Flint Close £ 300,00000.00 KM
Mill Pond Way £ 290,00000.00 KM
The Pines £ 000.00 KM
Badgers Walk £ 000.00 KM
Maytree Close £ 000.00 KM

Nearby Transport

NameNLCTLCDistance
Angmering5267ANG0.24 KM
Goring-By-Sea5272GBS6.00 KM
Littlehampton5260LIT6.54 KM
Arundel5251ARU7.37 KM
Durrington-On-Sea5282DUR8.38 KM

Nearby Listings

AddressPriceTypeScoreDistance
Land to South of Downes Way, East Preston, Littlehampton £ 150,000BUY4 / 100.00 KM
Downs Way, East Preston, BN16 £ 475,000BUYUnknown0.02 KM
Heathfield Avenue, East Preston, Littlehampton, West Sussex £ 375,000BUY8 / 100.04 KM
Copse View, East Preston, BN16 £ 300,000BUY6 / 100.28 KM
Copse View, East Preston, BN16 £ 330,000BUY6 / 100.28 KM

Nearby Properties

AddressPriceDistance
28 Downs Way £ 225,0000.03 KM
18 Downs Way £ 185,0000.03 KM
16 Downs Way £ 275,0000.03 KM
10 Downs Way £ 415,0000.03 KM
4 Downs Way £ 190,0000.03 KM