Plot 1 Martinique Farm, East Martin Road, Fordingbridge
KI

Plot 1 Martinique Farm, East Martin Road, Fordingbridge

By Kings Estates

£ 380,000

Reviews

2 out of 5 stars

Kings Estates says ..

A rare opportunity to acquire a redundant agricultural building with separate planning permissions to replace or convert into a 3-bedroom barn-style residence set in a scenic rural location. VIEWINGS BY APPOINTMENT ONLY. (PLOT 1 )

Property Oracle says ..

This property at Plot 1 Martinique Farm, East Martin Road, Fordingbridge, Hampshire, is presented as a development opportunity rather than a ready-to-move-in home. The listing focuses on the potential to construct a new 3-bedroom barn-style residence, leveraging existing planning permissions. Currently, the site includes redundant agricultural buildings that appear to be in need of substantial repair or demolition before the new build can commence. The location is rural, within the picturesque New Forest National Park, offering a tranquil setting. However, this idyllic location is offset by its distance from urban amenities and transport links. While this property offers a substantial plot of land, providing plenty of space, the buyer should factor in the significant costs associated with demolition and new construction. The current price seems to reflect the land value and planning permission, but prospective buyers should be prepared for additional, likely considerable, expenses to achieve their desired outcome. The absence of details about the property’s current internal state means a full condition assessment on the existing structure is recommended before committing to purchase. Nearby property sales data is somewhat limited, but enough evidence exists to provide a reasonable evaluation of the current offering in context.

Therefore, we give this property 5 / 10. *Disclaimer: This is our option and does constitute a recommendation or financial advice. Do your own research. *

Price
6
Condition
3
Location
4
Land
7
Bedrooms
0
Bathrooms
0
Sqft (est)
1,200.00

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
471,111.00 £
Increased by 12.11 %
from 420,238.00 £
Est sale value
646,800.00 £
Increased by 34.75 %
from 480,000.00 £
Average area rental value
1,283.00 £/mo
Decreased by 19.91 %
from 1,602.00 £/mo
Est letting value
1,200.00 £/mo
Unchanged by 0.00 %
from 1,200.00 £/mo
Est rental Yield
3.27 %
Decreased by 28.45 %
from 4.57 %
Crime Rate
0.00 %
from 0.00 %

Agent Activity

  • Kings Estates created the listing.

Nearby Schools

NameTypeOfstedDistance
Aurora Boveridge CollegeSpecial Post 16 Institution5.68 KM
The Beeches SchoolOther Independent Special SchoolGood6.25 KM
Broad Chalke Cofe Primary SchoolVoluntary Aided SchoolOutstanding6.47 KM
Cranborne Middle SchoolCommunity SchoolGood7.17 KM
Western Downland Church Of England Aided Primary SchoolVoluntary Aided SchoolGood7.42 KM

Images

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Nearby Streets

NameAverage PriceAverage SqftDistance
Townsend Lane £ 000.00 KM

Nearby Listings

AddressPriceTypeScoreDistance
Plot 3 Martinique Farm, East Martin Road, Fordingbridge £ 395,000BUY5 / 100.00 KM
Plot 1 Martinique Farm, East Martin Road, Fordingbridge £ 380,000BUY5 / 100.00 KM
East Martin Road, Fordingbridge, Hampshire £ 350,000BUY5 / 100.00 KM
Plot at Martinique Farm, East Martin, Fordingbridge £ 525,000BUY6 / 100.01 KM
East Martin, Fordingbridge, SP6 £ 800,000BUY5 / 100.10 KM

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AddressPriceDistance
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Newlyn £ 367,5000.98 KM
10 Townsend Lane £ 260,0001.13 KM
13a Townsend Lane £ 130,0001.13 KM
Hancocks Cottage £ 455,0001.78 KM