A Plot with full planning permission for the erection of a dwelling at Elston Lane, Elston, Grimsargh, Preston, PR2 5LR
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A Plot with full planning permission for the erection of a dwelling at Elston Lane, Elston, Grimsargh, Preston, PR2 5LR

By P Wilson & Company

£ 300,000

Reviews

3 out of 5 stars

P Wilson & Company says ..

The opportunity to acquire a substantial plot (0.145 hectares or thereabouts) with the benefit of full planning consent for the erection of a detached dwelling at Elston Lane, Elston, Grimsargh, Preston, Lancashire, PR2 5LR.The land includes an area of mature woodland plot bordering Tun Brook.

Property Oracle says ..

This property listing presents a development opportunity: a plot of land with full planning permission for a new dwelling in Grimsargh, Preston. Grimsargh is a sought-after village with good schools, suggesting family-friendly appeal. The plot’s size, shown in the aerial photograph, is significant, offering potential for a substantial property with a degree of privacy given its positioning. Nearby property sales data, while lacking specific sqft details, indicate a range of property values in the area, with some reaching beyond £500,000 for detached houses. The £300,000 listing price is influenced by the fact it is just land with planning permission. Therefore, the listed price will encompass the land cost, the potential construction cost, and the development profit margin. Prospective buyers should undertake thorough due diligence and obtain accurate construction cost estimates before committing to a purchase. The absence of precise plot measurements and property specifications requires caution in interpreting the price and value. Buyers should carefully weigh the investment risks and potential rewards before committing to this project.

Therefore, we give this property 6 / 10. *Disclaimer: This is our option and does constitute a recommendation or financial advice. Do your own research. *

Price
7
Condition
4
Location
7
Land
6
Bedrooms
0
Bathrooms
0

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
322,630.00 £
Decreased by 7.75 %
from 349,734.00 £
Average area rental value
1,067.00 £/mo
Decreased by 13.67 %
from 1,236.00 £/mo
Est rental Yield
3.97 %
Decreased by 6.37 %
from 4.24 %
Crime Rate
110.00 %
Unchanged by 0.00 %
from 110.00 %

Agent Activity

  • P Wilson & Company created the listing.

Nearby Schools

NameTypeOfstedDistance
Alston Lane Catholic Primary School, LongridgeVoluntary Aided SchoolGood1.08 KM
Grimsargh St Michael'S Church Of England Primary SchoolVoluntary Aided SchoolOutstanding1.73 KM
Longridge High SchoolCommunity SchoolRequires improvement2.86 KM
St Cecilia'S Rc High SchoolVoluntary Aided SchoolGood2.88 KM
Longridge St Wilfrid'S Roman Catholic Primary SchoolVoluntary Aided SchoolGood3.44 KM

Images

Nearby Streets

NameAverage PriceAverage SqftDistance
Maple Grove £ 279,95000.00 KM
Cradle Court £ 395,00000.00 KM
Oban Court £ 430,00000.00 KM
Cotton Street £ 000.00 KM
Bullfinch Grove £ 000.00 KM

Nearby Transport

NameNLCTLCDistance
Bamber Bridge2561BMB9.66 KM

Nearby Listings

Nearby Properties

AddressPriceDistance
8 Elston Green £ 246,0000.01 KM
2 Elston Green £ 275,0000.03 KM
Mill Dam Cottage £ 350,0000.07 KM
17 Tunbrook Avenue £ 205,0000.07 KM
19 Tunbrook Avenue £ 164,0000.07 KM