Hull Gregson Hull says ..
OFFERS INVITED For this opportunity to Purchase approximately a 5.47 acre plot of land with outline planning consent for a development of up to 46 new properties (Planning Application number 22/02032/OUT). Located on the edge of Newport isle Of Wight and bordering Long Lane and Buckbury Lane ther...
Property Oracle says ..
This is a plot of land located on Buckbury Lane, Newport, Isle of Wight, listed for £850,000. The property is being marketed by Hull Gregson Hull. The listing type is ‘LAND’. The plot offers a significant amount of land with potential for development, subject to planning consents. However, the land appears to be in need of clearing and preparation. The location is on the outskirts of Newport, offering a mix of accessibility and rural charm, though it is adjacent to commercial properties and a main road. The price seems high compared to average property prices in the area, especially considering the work required to make the land ready for construction.
Therefore, we give this property 5 / 10. *Disclaimer: This is our option and does constitute a recommendation or financial advice. Do your own research. *
- Price
- 4
- Condition
- 1
- Location
- 6
- Land
- 9
- Bedrooms
- 0
- Bathrooms
- 0
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Metrics Year-on-Year
- Average area value
- 431,250.00 £Increased by 5.19 %
- Average area rental value
- 1,300.00 £/moDecreased by 23.48 %
- Est rental Yield
- 3.62 %Decreased by 27.16 %
- Crime Rate
- 0.00 %
Agent Activity
Hull Gregson Hull created the listing.
Nearby Schools
| Name | Type | Ofsted | Distance |
|---|---|---|---|
| Summerfields Primary School | Community School | Good | 1.51 KM |
| Medina House School | Community Special School | Good | 1.82 KM |
| Barton Primary School | Community School | Good | 1.88 KM |
| East Newport Children'S Centre | Children's Centre Linked Site | 1.94 KM | |
| Medina College | Foundation School | Requires improvement | 2.18 KM |
Images
Nearby Streets
| Name | Average Price | Average Sqft | Distance |
|---|---|---|---|
| Hollyhock Crescent | £ 0 | 0 | 0.00 KM |
| Burnt House Lane | £ 285,000 | 0 | 0.00 KM |
| Buttecrcup Glade | £ 203,500 | 0 | 0.00 KM |
| Squirrel Crescent | £ 319,500 | 0 | 0.00 KM |
| Larkspur Close | £ 240,000 | 0 | 0.00 KM |
Nearby Listings
| Address | Price | Type | Score | Distance |
|---|---|---|---|---|
| Buckbury Lane, Newport | £ 850,000 | BUY | 5 / 10 | 0.00 KM |
| Buckbury Lane, Newport | £ 1,000,000 | BUY | 6 / 10 | 0.00 KM |
| Buckbury Lane, Newport | £ 349,500 | BUY | 4 / 10 | 0.30 KM |
| Newport, Isle of Wight | £ 310,000 | BUY | 8 / 10 | 0.33 KM |
| Buckbury Lane, Newport, Isle of Wight, PO30 2NJ | £ 895,000 | BUY | 6 / 10 | 0.34 KM |
Nearby Properties
| Address | Price | Distance |
|---|---|---|
| 1 Buckbury Heights | £ 107,000 | 0.15 KM |
| 8 Buckbury Heights | £ 196,500 | 0.15 KM |
| 3 Buckbury Heights | £ 218,000 | 0.15 KM |
| 6 Powell Close | £ 270,000 | 0.33 KM |
| 16 Powell Close | £ 230,000 | 0.33 KM |