Station Road, Littleport
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Station Road, Littleport

By Bovingdons

£ 1,400,000

Reviews

3 out of 5 stars

Bovingdons says ..

Excellent Development opportunity on the former Station Goods Yard for up to 39 dwellings which has outline planning permission (just expired) close to the mainline railway station in this popular village. Offers  are invited on an STP basis for the freehold purchase.

Property Oracle says ..

This property listing presents an excellent development opportunity located on Station Road, Littleport, Cambridgeshire. The site, a former Station Goods Yard, has outline planning permission (now expired) for the construction of up to 39 dwellings. Its proximity to the Littleport railway station and local schools makes it an attractive proposition. The artist’s impressions depict a planned development of attractive houses, with garden space and parking. However, the actual condition of the land is currently unknown, and the expired planning permission necessitates further investigation and potential additional costs to secure new planning approval. The £1,400,000 asking price should be considered in light of the required investment for securing updated planning permission and for development costs. The lack of precise measurements (square footage for both the plot and any potential buildings) makes it difficult to determine the exact value per square foot and therefore assess whether the price is exceptional or merely reasonable. A comprehensive cost analysis, including potential planning fees, construction costs, and potential profits from the sale of the developed properties, is crucial to fully assess the financial viability of this investment. The surrounding area shows house prices ranging greatly and further complicates valuation for this specific development opportunity.

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
5
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
318,750.00 £
Increased by 5.26 %
from 302,833.00 £
Average area rental value
1,256.00 £/mo
Decreased by 6.48 %
from 1,343.00 £/mo
Est rental Yield
4.73 %
Decreased by 11.09 %
from 5.32 %
Crime Rate
5.00 %
Unchanged by 0.00 %
from 5.00 %

Agent Activity

  • Bovingdons marked this listing as sold.

  • Bovingdons created the listing.

Nearby Schools

NameTypeOfstedDistance
Littleport & East Cambs AcademyAcademy Sponsor Led2.00 KM
Highfield Littleport AcademyAcademy Special Sponsor Led2.28 KM
Millfield Primary SchoolAcademy ConverterGood2.65 KM
Littleport Community Primary SchoolCommunity SchoolGood2.67 KM
Littleport Child And Family CentreChildren's Centre2.86 KM

Images

Nearby Streets

NameAverage PriceAverage SqftDistance
Poppy Close £ 000.00 KM
Kingmead Court £ 305,00000.00 KM
Burberry Court £ 199,95000.00 KM
Park Drive £ 307,50000.00 KM
Branch Bank £ 000.00 KM

Nearby Transport

NameNLCTLCDistance
Littleport7072LTP0.14 KM
Ely7068ELY9.51 KM

Nearby Listings

AddressPriceTypeScoreDistance
Station Road, Littleport £ 1,400,000BUY6 / 100.00 KM
Station Road, Littleport, Ely, Cambridgeshire £ 200,000BUY6 / 100.16 KM
Lynn Road, Littleport £ 395,000BUY7 / 100.28 KM
Lynn Road, Littleport, Ely, Cambridgeshire, CB6 £ 425,000BUY7 / 100.33 KM
Lynn Road, Littleport, Ely £ 265,000BUY6 / 100.37 KM

Nearby Properties

AddressPriceDistance
25 Lynn Road £ 335,0000.27 KM
7b Lynn Road £ 305,0000.27 KM
7a Lynn Road £ 195,0000.27 KM
3 Lynn Road £ 295,0000.27 KM
3a Lynn Road £ 307,0000.27 KM