Monterey Drive, Locks Heath
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Monterey Drive, Locks Heath

By Robinson Reade

£ 350,000

Reviews

3 out of 5 stars

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 %
from 446,870.00 £
Average area rental value
1,700.00 £/mo
Increased by 3.03 %
from 1,650.00 £/mo
Est rental Yield
3.96 %
Decreased by 10.61 %
from 4.43 %
Crime Rate
0.00 %
from 0.00 %

Agent Activity

  • Robinson Reade created the listing.

Nearby Schools

NameTypeOfstedDistance
Locks Heath Junior SchoolCommunity SchoolGood0.39 KM
Locks Heath Infant SchoolCommunity SchoolOutstanding0.41 KM
St John The Baptist Church Of England Primary SchoolVoluntary Controlled SchoolGood1.31 KM
Park Gate Primary SchoolCommunity SchoolGood1.43 KM
Lws AcademyAcademy Special ConverterRequires improvement1.61 KM

Images

Nearby Streets

NameAverage PriceAverage SqftDistance
Lavender Grove £ 000.00 KM
Centre Way £ 000.00 KM
Sorrel Close £ 000.00 KM
Deacon Road £ 525,00000.00 KM
Highfields £ 775,00000.00 KM

Nearby Transport

NameNLCTLCDistance
Swanwick5920SNW2.12 KM
Bursledon5927BUO4.66 KM
Hamble5947HME6.50 KM
Botley5894BOE6.70 KM
Netley5911NTL7.96 KM

Nearby Listings

AddressPriceTypeScoreDistance
Locks Road, Locks Heath, Southampton, SO31 £ 1,000,000BUY7 / 100.00 KM
Monterey Drive, Locks Heath £ 350,000BUY6 / 100.00 KM
Locks Road, Locks Heath £ 680,000BUY7 / 100.00 KM
Locks Road, Locks Heath, Southampton £ 350,000BUY6 / 100.02 KM
The Chestnuts, Locks Heath £ 210,000BUY6 / 100.04 KM

Nearby Properties

AddressPriceDistance
3b Locks Road £ 225,0000.01 KM
37a Locks Road £ 420,0000.01 KM
3a Locks Road £ 205,0000.01 KM
27 Locks Road £ 339,9500.01 KM
23 Locks Road £ 310,0000.01 KM