Land north of, Downham Road, Ramsden Heath, Billericay, Essex, CM11 1QH
By Dedman Gray Auction
£ 65,000
Reviews
2 out of 5 stars
Dedman Gray Auction says ..
FOR SALE BY PUBLIC AUCTION ON WEDNESDAY 4TH DECEMBER AT 12PM NOON. LIVE STREAMED VIA DEDMAN GRAY WEBSITE. BIDDING AVAILABLE BY TELEPHONE, PROXY AND ONLINE. ; LAND INVESTMENT: A VACANT FREEHOLD PARCEL OF LAND MEASURING APPROXIMATELY 0.49 ACRES IN THE SEMI RURAL VILLAGE OF DOWNHAM
Property Oracle says ..
This listing presents a unique opportunity to acquire a sizeable plot of land in a desirable location in Essex. The land is situated near Downham Road in Ramsden Heath, offering a tranquil rural setting. The property includes a pond, adding a distinctive feature. However, it’s crucial to note that the land is currently undeveloped and requires substantial preparation before any construction can commence. This includes clearing overgrown vegetation, assessing the pond’s condition, and obtaining necessary planning permissions. The proximity to a well-regarded primary school is a positive, but the distance to other amenities might be a consideration for potential buyers. The asking price of £65,000 reflects the undeveloped state of the land, making it potentially attractive to buyers seeking a development project. However, prospective purchasers should conduct thorough due diligence, including a comprehensive survey and detailed cost analysis of the necessary development work, before making an offer. The lack of existing structures and the substantial work required mean this is a high-risk, high-reward investment opportunity.
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
- 7
- Condition
- 3
- Location
- 4
- Land
- 5
- 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
- 990,000.00 £Increased by 5.42 %
- Average area rental value
- 3,100.00 £/moIncreased by 24.00 %
- Est rental Yield
- 3.76 %Increased by 17.87 %
- Crime Rate
- 22.00 %Unchanged by 0.00 %
Agent Activity
Dedman Gray Auction created the listing.
Nearby Schools
| Name | Type | Ofsted | Distance |
|---|---|---|---|
| Downham Church Of England Voluntary Controlled Primary School | Voluntary Controlled School | Good | 1.65 KM |
| St Peters Church Of England Voluntary Aided Primary School, West Hanningfield | Voluntary Aided School | Good | 3.66 KM |
| Crays Hill Primary School | Academy Converter | 3.72 KM | |
| Grange Primary School | Community School | Requires improvement | 4.18 KM |
| Wickford Primary School | Community School | Good | 4.19 KM |
Images
Nearby Transport
| Name | NLC | TLC | Distance |
|---|---|---|---|
| Wickford | 6891 | WIC | 4.24 KM |
| Billericay | 6871 | BIC | 7.92 KM |
| Battlesbridge | 6870 | BLB | 8.53 KM |
| Basildon | 7494 | BSO | 8.69 KM |
| Pitsea | 7452 | PSE | 8.96 KM |
Nearby Listings
| Address | Price | Type | Score | Distance |
|---|---|---|---|---|
| Land north of, Downham Road, Ramsden Heath, Billericay, Essex, CM11 1QH | £ 65,000 | BUY | 4 / 10 | 0.00 KM |
| Downham Road, Downham, CM11 | £ 1,000,000 | BUY | 7 / 10 | 0.29 KM |
| School Road, Downham, Billericay, Essex, CM11 | £ 1,250,000 | BUY | 8 / 10 | 0.35 KM |
| School Road, Downham, Downham, Billericay, CM11 | £ 800,000 | BUY | 7 / 10 | 0.51 KM |
| Downham Road, Downham, Billericay | £ 1,150,000 | BUY | 8 / 10 | 0.55 KM |
Nearby Properties
| Address | Price | Distance |
|---|---|---|
| 121 Downham Road | £ 650,000 | 0.24 KM |
| 115 Downham Road | £ 435,000 | 0.24 KM |
| 119 Downham Road | £ 624,000 | 0.24 KM |
| 72 School Road | £ 395,000 | 0.33 KM |
| 74 School Road | £ 835,000 | 0.33 KM |