Witton Park Development, Park Road, Witton Park, Bishop Auckland
HU

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 %
from 172,299.00 £
Average area rental value
475.00 £/mo
Decreased by 27.37 %
from 654.00 £/mo
Est rental Yield
2.95 %
Decreased by 35.16 %
from 4.55 %
Crime Rate
71.00 %
Unchanged by 0.00 %
from 71.00 %

Agent Activity

  • Hunters created the listing.

Nearby Schools

NameTypeOfstedDistance
St Chad'S Catholic Primary School, Witton ParkAcademy Converter0.31 KM
Toft Hill Primary SchoolCommunity SchoolOutstanding2.29 KM
Escomb Primary SchoolCommunity SchoolGood2.57 KM
Howden-Le-Wear Primary SchoolAcademy Converter3.86 KM
Copeland Road Primary SchoolCommunity SchoolGood4.04 KM

Images

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Nearby Streets

NameAverage PriceAverage SqftDistance
Royal Court £ 000.00 KM
Paradise Lane £ 000.00 KM
Etherley Incline £ 129,95000.00 KM
The Crescent £ 000.00 KM
Green Lane £ 000.00 KM

Nearby Transport

NameNLCTLCDistance
Bishop Auckland7835BIA6.43 KM

Nearby Listings

AddressPriceTypeScoreDistance
Witton Park Development, Park Road, Witton Park, Bishop Auckland £ 750,000BUY6 / 100.00 KM
Park Road, Witton Park £ 80,000BUYUnknown0.04 KM
Park Road, Witton Park £ 270,000BUY7 / 100.05 KM
High Queen Street, Witton Park, Bishop Auckland, Durham, DL14 £ 135,000BUYUnknown0.24 KM
Beddow Court, Witton Park, Bishop Auckland £ 290,000BUY7 / 100.26 KM

Nearby Properties

AddressPriceDistance
66a Park Road £ 63,0000.04 KM
36 Park Road £ 80,0000.04 KM
58 Park Road £ 84,0000.04 KM
66 Park Road £ 72,0000.04 KM
38 Park Road £ 85,0000.04 KM