Robinson Reade says ..
A rare opportunity to acquire a potential building plot in Locks Heath. Measuring approximately 39m x in length by 12m in width, this plot offers ample space for the construction of a bespoke 4-bedroom detached home, subject to planning permission.
Property Oracle says ..
This property listing presents a development opportunity in the desirable Locks Heath area of Fareham, Hampshire. The listing is for a plot of land at Monterey Drive, with the selling point being the potential to construct a new home, subject to obtaining necessary planning permission. The location benefits from its proximity to well-regarded schools, Locks Heath Junior and Infant Schools, both within walking distance. Although there are railway stations nearby, they are not immediately adjacent. The images display a sizeable garden area, though the land shows signs of neglect, with some debris and an overall unkempt appearance. The list price of £350,000 aligns reasonably well with comparable land and property prices in Locks Heath; however, without the square footage specified, definitive conclusions on price-per-square-foot value are impossible. Nearby properties show a range of prices indicating varying property size and condition. The potential to build a bespoke property on a large plot makes this a potentially attractive purchase for buyers seeking development opportunities. Buyers should factor in the cost of obtaining planning permission, construction costs, and the time required for the whole project, however.
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
- 514,990.00 £Increased by 15.24 %
- Average area rental value
- 1,700.00 £/moIncreased by 3.03 %
- Est rental Yield
- 3.96 %Decreased by 10.61 %
- Crime Rate
- 0.00 %
Agent Activity
Robinson Reade created the listing.
Nearby Schools
| Name | Type | Ofsted | Distance |
|---|---|---|---|
| Locks Heath Junior School | Community School | Good | 0.39 KM |
| Locks Heath Infant School | Community School | Outstanding | 0.41 KM |
| St John The Baptist Church Of England Primary School | Voluntary Controlled School | Good | 1.31 KM |
| Park Gate Primary School | Community School | Good | 1.43 KM |
| Lws Academy | Academy Special Converter | Requires improvement | 1.61 KM |
Images
Nearby Streets
| Name | Average Price | Average Sqft | Distance |
|---|---|---|---|
| Lavender Grove | £ 0 | 0 | 0.00 KM |
| Centre Way | £ 0 | 0 | 0.00 KM |
| Sorrel Close | £ 0 | 0 | 0.00 KM |
| Deacon Road | £ 525,000 | 0 | 0.00 KM |
| Highfields | £ 775,000 | 0 | 0.00 KM |
Nearby Transport
| Name | NLC | TLC | Distance |
|---|---|---|---|
| Swanwick | 5920 | SNW | 2.12 KM |
| Bursledon | 5927 | BUO | 4.66 KM |
| Hamble | 5947 | HME | 6.50 KM |
| Botley | 5894 | BOE | 6.70 KM |
| Netley | 5911 | NTL | 7.96 KM |
Nearby Listings
| Address | Price | Type | Score | Distance |
|---|---|---|---|---|
| Locks Road, Locks Heath, Southampton, SO31 | £ 1,000,000 | BUY | 7 / 10 | 0.00 KM |
| Monterey Drive, Locks Heath | £ 350,000 | BUY | 6 / 10 | 0.00 KM |
| Locks Road, Locks Heath | £ 680,000 | BUY | 7 / 10 | 0.00 KM |
| Locks Road, Locks Heath, Southampton | £ 350,000 | BUY | 6 / 10 | 0.02 KM |
| The Chestnuts, Locks Heath | £ 210,000 | BUY | 6 / 10 | 0.04 KM |
Nearby Properties
| Address | Price | Distance |
|---|---|---|
| 3b Locks Road | £ 225,000 | 0.01 KM |
| 37a Locks Road | £ 420,000 | 0.01 KM |
| 3a Locks Road | £ 205,000 | 0.01 KM |
| 27 Locks Road | £ 339,950 | 0.01 KM |
| 23 Locks Road | £ 310,000 | 0.01 KM |