Witton Park Development, Park Road, Witton Park, Bishop Auckland
By Hunters
£ 750,000
Reviews
3 out of 5 stars
Hunters says ..
A fantastic opportunity consisting of a mixed development of Semi Detached and Terraced Homes. There are 32 plots in total, all with detailed planning available. as well as the provision of a retail unit which is most likely to be a convenience store which would service the whole village. The si...
Property Oracle says ..
This property listing presents a development opportunity in Witton Park, County Durham. The listing focuses on 32 plots of land for the construction of semi-detached and terraced houses, along with a planned convenience store. The site itself appears relatively large. Proximity to Bishop Auckland provides access to more extensive amenities and transport links including a train station. The presence of St Chad’s Catholic Primary School nearby is a positive for families. However, the lack of specifics about the property including the plot size and detailed planning permission, renders a proper evaluation challenging. The asking price of £750,000 suggests a significant investment, requiring careful consideration of development costs, potential profits, and market demand before making a decision. Further investigation into the specific planning permissions and potential building costs is necessary for a thorough financial appraisal. The provided images depict largely undeveloped land, highlighting the substantial investment and work required before any construction can commence.
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
- 6
- Condition
- 3
- Location
- 7
- Land
- 8
- 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
- 193,317.00 £Increased by 12.20 %
- Average area rental value
- 475.00 £/moDecreased by 27.37 %
- Est rental Yield
- 2.95 %Decreased by 35.16 %
- Crime Rate
- 71.00 %Unchanged by 0.00 %
Agent Activity
Hunters created the listing.
Nearby Schools
| Name | Type | Ofsted | Distance |
|---|---|---|---|
| St Chad'S Catholic Primary School, Witton Park | Academy Converter | 0.31 KM | |
| Toft Hill Primary School | Community School | Outstanding | 2.29 KM |
| Escomb Primary School | Community School | Good | 2.57 KM |
| Howden-Le-Wear Primary School | Academy Converter | 3.86 KM | |
| Copeland Road Primary School | Community School | Good | 4.04 KM |
Images
Nearby Streets
| Name | Average Price | Average Sqft | Distance |
|---|---|---|---|
| Royal Court | £ 0 | 0 | 0.00 KM |
| Paradise Lane | £ 0 | 0 | 0.00 KM |
| Etherley Incline | £ 129,950 | 0 | 0.00 KM |
| The Crescent | £ 0 | 0 | 0.00 KM |
| Green Lane | £ 0 | 0 | 0.00 KM |
Nearby Transport
| Name | NLC | TLC | Distance |
|---|---|---|---|
| Bishop Auckland | 7835 | BIA | 6.43 KM |
Nearby Listings
| Address | Price | Type | Score | Distance |
|---|---|---|---|---|
| Witton Park Development, Park Road, Witton Park, Bishop Auckland | £ 750,000 | BUY | 6 / 10 | 0.00 KM |
| Park Road, Witton Park | £ 80,000 | BUY | Unknown | 0.04 KM |
| Park Road, Witton Park | £ 270,000 | BUY | 7 / 10 | 0.05 KM |
| High Queen Street, Witton Park, Bishop Auckland, Durham, DL14 | £ 135,000 | BUY | Unknown | 0.24 KM |
| Beddow Court, Witton Park, Bishop Auckland | £ 290,000 | BUY | 7 / 10 | 0.26 KM |
Nearby Properties
| Address | Price | Distance |
|---|---|---|
| 66a Park Road | £ 63,000 | 0.04 KM |
| 36 Park Road | £ 80,000 | 0.04 KM |
| 58 Park Road | £ 84,000 | 0.04 KM |
| 66 Park Road | £ 72,000 | 0.04 KM |
| 38 Park Road | £ 85,000 | 0.04 KM |