Green & Co says ..
A development site for 5 new houses of 6790 ft2 GIA. An attractive village residential development site situated away from the public highway in an edge of village position and with the benefit of detailed planning permission for 5 new barn style homes.
Property Oracle says ..
This listing presents a development opportunity in the sought-after village of Milton, Oxfordshire. The site benefits from planning permission for five new barn-style homes. The location offers a blend of rural tranquility and convenient access to transportation links, with good schools nearby. However, significant uncertainty exists regarding the price’s fairness. The absence of crucial details, such as individual house sizes, total build cost projections, and the precise land area, makes assessing the value per square foot impossible. Potential buyers should conduct their thorough due diligence including detailed financial modeling and assessment of projected returns on investment. The risk associated with development projects such as planning delays, escalating material costs, and other construction challenges must be carefully considered. The attractiveness of the development depends heavily on the profitability analysis conducted by a prospective buyer, comparing estimated development costs against anticipated sale prices for the finished homes. The current information provided only allows for a limited analysis; therefore a buyer should request more precise data before moving forward.
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
- 1
- Location
- 7
- Land
- 6
- Bedrooms
- 0
- Bathrooms
- 0
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Metrics Year-on-Year
- Average area value
- 260,500.00 £Increased by 6.21 %
- Average area rental value
- 1,100.00 £/moIncreased by 0.92 %
- Est rental Yield
- 5.07 %Decreased by 4.88 %
- Crime Rate
- 8.00 %Unchanged by 0.00 %
Agent Activity
Green & Co created the listing.
Nearby Schools
| Name | Type | Ofsted | Distance |
|---|---|---|---|
| St Blaise Cofe Primary School | Voluntary Controlled School | Good | 0.96 KM |
| Sutton Courtenay Church Of England Primary School | Academy Converter | 2.18 KM | |
| St Michaels Cofe Primary School | Voluntary Controlled School | Good | 2.81 KM |
| Harwell Primary School | Community School | Good | 2.85 KM |
| Drayton Community Primary School | Community School | Good | 2.86 KM |
Images
Nearby Streets
| Name | Average Price | Average Sqft | Distance |
|---|---|---|---|
| Little Lane | £ 0 | 0 | 0.00 KM |
| Park Square | £ 439,995 | 0 | 0.00 KM |
| Park Drive | £ 379,995 | 0 | 0.00 KM |
| Chadwich Avenue | £ 0 | 0 | 0.00 KM |
| Graydon Close | £ 0 | 0 | 0.00 KM |
Nearby Transport
| Name | NLC | TLC | Distance |
|---|---|---|---|
| Didcot Parkway | 3030 | DID | 6.64 KM |
| Appleford | 3109 | APF | 6.71 KM |
| Culham | 3107 | CUM | 7.81 KM |
| Radley | 3118 | RAD | 9.52 KM |
Nearby Listings
| Address | Price | Type | Score | Distance |
|---|---|---|---|---|
| Milton, Oxfordhire | £ 700,000 | BUY | 5 / 10 | 0.00 KM |
| Milton Village, Oxfordshire, OX14 | £ 315,000 | BUY | 6 / 10 | 0.10 KM |
| High Street, Milton, Abingdon, Oxfordshire, OX14 4EJ | £ 160,000 | BUY | 6 / 10 | 0.12 KM |
| High Street, Milton, OX14 | £ 160,000 | BUY | 6 / 10 | 0.12 KM |
| High Street, Milton, OX14 | £ 300,000 | BUY | 6 / 10 | 0.17 KM |
Nearby Properties
| Address | Price | Distance |
|---|---|---|
| 5 Little Lane | £ 172,500 | 0.14 KM |
| 3 Little Lane | £ 370,000 | 0.14 KM |
| 9 Pembroke Lane | £ 280,500 | 0.17 KM |
| 3 Pembroke Lane | £ 285,000 | 0.17 KM |
| 66 Pembroke Lane | £ 309,000 | 0.17 KM |