Development Land , Main Street, Swardeston , Norwich, Norfolk
BR

Development Land , Main Street, Swardeston , Norwich, Norfolk

By Brown & Co

£ 2,200,000

Reviews

3 out of 5 stars

Brown & Co says ..

LAND ALLOCATED FOR RESIDENTIAL DEVELOPMENT SEEKING A CARE HOME SCHEME AND/OR A RESIDENTIAL SCHEME SUBJECT TO PLANNING

Property Oracle says ..

This listing presents a significant opportunity for property development in the sought-after village of Swardeston, Norfolk. The large plot of land offers scope for a care home scheme and/or a residential development (subject to planning permissions). The location benefits from good nearby schools, and proximity to Norwich city centre, a desirable location in a family-friendly village environment. However, the absence of square footage information for both the land and any potential development, combined with the large purchase price, raises some degree of uncertainty. Prospective buyers should fully investigate the planning requirements, development costs, and potential returns before proceeding. Significant due diligence is required to validate the financial viability of this development project. The potential is high, but the risk also is significant. Detailed planning permission information and professional assessments of construction costs and potential resale values are crucial before forming a definitive financial opinion.

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
6
Condition
5
Location
7
Land
8
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
605,000.00 £
Increased by 26.89 %
from 476,781.00 £
Average area rental value
1,123.00 £/mo
Increased by 1.17 %
from 1,110.00 £/mo
Est rental Yield
2.23 %
Decreased by 20.07 %
from 2.79 %
Crime Rate
0.00 %
from 0.00 %

Agent Activity

  • Brown & Co created the listing.

Nearby Schools

NameTypeOfstedDistance
Mulbarton Primary SchoolCommunity SchoolGood2.76 KM
Eaton Primary SchoolAcademy Sponsor LedGood3.56 KM
Cringleford Ce Va Primary SchoolVoluntary Aided SchoolOutstanding3.83 KM
University Technical College NorfolkUniversity Technical CollegeGood3.90 KM
Eaton Hall Specialist AcademyAcademy Special ConverterOutstanding4.36 KM

Images

Photo Photo

Nearby Streets

NameAverage PriceAverage SqftDistance
Hillside Close £ 275,00000.00 KM

Nearby Transport

NameNLCTLCDistance
Norwich7309NRW8.20 KM

Nearby Listings

AddressPriceTypeScoreDistance
Development Land , Main Street, Swardeston , Norwich, Norfolk £ 2,200,000BUY6 / 100.00 KM
Swardeston, Norwich, Norfolk £ 510,000BUY7 / 100.17 KM
Main Road, Swardeston £ 600,000BUY7 / 100.24 KM
Hillside Close, Swardeston, Norwich, Norfolk £ 275,000BUY6 / 100.27 KM
Main Road, Swardeston, Norwich £ 575,000BUYUnknown0.28 KM

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