Land at Morland, Penrith, Cumbria CA10 3AX
EDWIN THOMPSON logo

Land at Morland, Penrith, Cumbria CA10 3AX

By EDWIN THOMPSON

£ 40,000

Reviews

3 out of 5 stars

EDWIN THOMPSON says ..

FOR SALELand at Morland, Penrith, Cumbria CA10 3AX

Property Oracle says ..

This listing presents an opportunity to acquire a plot of land in the desirable village of Morland, Cumbria. The area appears tranquil and benefits from the presence of a nearby primary school with a ‘good’ Ofsted rating. The exact size of the land is unknown, which makes a conclusive assessment difficult. However, the images suggest a substantial area suitable for potential building or other development. The price of £40,000 is relatively low when compared to nearby property sales, suggesting it might represent good value provided that necessary due diligence regarding the land’s suitability for its intended use is carried out. The lack of detailed information on the plot’s size and condition prevents a fully comprehensive evaluation. Potential buyers should conduct a thorough survey of the land to assess its suitability, potential building restrictions, and any potential hidden issues. Additionally, clarification on planning permission and potential development costs is crucial before committing to a purchase. The lack of detail requires additional research by the potential purchaser to get a fuller picture.

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
722,194.00 £
Increased by 1.02 %
from 714,889.00 £
Average area rental value
2,810.00 £/mo
Decreased by 41.46 %
from 4,800.00 £/mo
Est rental Yield
4.67 %
Decreased by 42.06 %
from 8.06 %
Crime Rate
11.00 %
Unchanged by 0.00 %
from 11.00 %

Agent Activity

  • EDWIN THOMPSON marked this listing as sold.

  • EDWIN THOMPSON created the listing.

Nearby Schools

NameTypeOfstedDistance
Morland Area Cofe Primary SchoolVoluntary Aided SchoolGood0.31 KM
Temple Sowerby Cofe Primary SchoolVoluntary Controlled SchoolGood5.20 KM
Bolton Primary SchoolCommunity SchoolGood7.19 KM
Kirkby Thore SchoolCommunity SchoolGood7.54 KM
Culgaith Cofe SchoolVoluntary Aided SchoolGood8.00 KM

Images

Nearby Streets

NameAverage PriceAverage SqftDistance
Strickland Road £ 364,50000.00 KM
Mothercroft £ 000.00 KM
Church Lane £ 445,00000.00 KM
Winter House £ 000.00 KM
Margrats Croft £ 000.00 KM

Nearby Listings

AddressPriceTypeScoreDistance
Land at Morland, Penrith, Cumbria CA10 3AX £ 40,000BUY6 / 100.00 KM
Morland, Penrith, CA10 £ 280,000BUY7 / 100.03 KM
Hilltop, Morland, Penrith £ 299,950BUY7 / 100.03 KM
Jackson Croft, Morland, Penrith, CA10 £ 350,000BUY6 / 100.05 KM
Crown Inn Fields, Morland, Penrith £ 549,000BUY7 / 100.11 KM

Nearby Properties

AddressPriceDistance
5 Jackson Croft £ 280,0000.13 KM
28 Jackson Croft £ 215,0000.13 KM
24 Jackson Croft £ 180,0000.13 KM
26 Jackson Croft £ 248,5000.13 KM
16 Jackson Croft £ 230,0000.13 KM