Lamb & Co says ..
A unique opportunity to purchase this trading public house which is currently let at £24,000 PA on a plot of approximately 1.02 acres, with the benefit of outline planning permission for 9x three bedroom houses on the land surrounding. We estimate GDV of the new development to be in the region of...
Property Oracle says ..
This property is a plot of land located in Clacton-on-Sea. The location offers proximity to the coast, but the immediate area has mixed reviews regarding schools and overall desirability. The existing structures on the plot appear to be in need of significant renovation or redevelopment. The property benefits from a substantial plot size, offering potential for various development opportunities. However, the listing price of £1,000,000 seems considerably high compared to the average property prices in the area, especially considering the condition of the existing structures. Therefore, the price may not be justified without further investigation and a clear development plan.
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
- 2
- Condition
- 3
- Location
- 5
- Land
- 7
- 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
- 350,323.00 £Decreased by 1.18 %
- Average area rental value
- 1,334.00 £/moDecreased by 2.49 %
- Est rental Yield
- 4.57 %Decreased by 1.30 %
- Crime Rate
- 6.00 %Unchanged by 0.00 %
Agent Activity
Lamb & Co created the listing.
Nearby Schools
| Name | Type | Ofsted | Distance |
|---|---|---|---|
| Ravens Academy | Academy Sponsor Led | Special Measures | 0.89 KM |
| Ten1 Sydney House Family Hub | Children's Centre | 0.94 KM | |
| Sir Martin Frobisher Academy | Academy Sponsor Led | Requires improvement | 1.18 KM |
| St Clare'S Catholic Primary School | Academy Sponsor Led | Good | 1.20 KM |
| Oakwood Infant And Nursery School | Community School | Good | 2.18 KM |
Images
Nearby Streets
| Name | Average Price | Average Sqft | Distance |
|---|---|---|---|
| Blue House Drive | £ 0 | 0 | 0.00 KM |
| Shelley Road | £ 0 | 0 | 0.00 KM |
| Holbrook Close | £ 0 | 0 | 0.00 KM |
| Somerset Way | £ 295,000 | 0 | 0.00 KM |
| Birch Close | £ 274,998 | 0 | 0.00 KM |
Nearby Transport
| Name | NLC | TLC | Distance |
|---|---|---|---|
| Clacton-On-Sea | 6850 | CLT | 3.74 KM |
| Weeley | 6859 | WEE | 6.47 KM |
| Thorpe-Le-Soken | 6857 | TLS | 7.40 KM |
| Great Bentley | 6855 | GRB | 8.76 KM |
Nearby Listings
| Address | Price | Type | Score | Distance |
|---|---|---|---|---|
| Jaywick Lane, Clacton-On-Sea | £ 1,000,000 | BUY | 4 / 10 | 0.00 KM |
| Jaywick Lane, Clacton-On-Sea | £ 325,000 | BUY | 7 / 10 | 0.06 KM |
| Harpers Way, Clacton-On-Sea | £ 340,000 | BUY | 6 / 10 | 0.07 KM |
| Jaywick Lane, Clacton On Sea, Essex | £ 310,000 | BUY | 7 / 10 | 0.10 KM |
| Harpers Way, Essex, CO16 | £ 300,000 | BUY | 6 / 10 | 0.11 KM |
Nearby Properties
| Address | Price | Distance |
|---|---|---|
| 17 Harpers Way | £ 240,000 | 0.10 KM |
| 46 Harpers Way | £ 200,000 | 0.10 KM |
| 50 Harpers Way | £ 200,000 | 0.10 KM |
| 38 Harpers Way | £ 240,000 | 0.10 KM |
| 32 Harpers Way | £ 225,000 | 0.10 KM |