Cleave Park, Fremington
PH

Cleave Park, Fremington

By Phillips, Smith & Dunn

£ 600,000

Reviews

3 out of 5 stars

Phillips, Smith & Dunn says ..

A rare development opportunity for the erection of 4 detached bungalows with garages. Age limit of 55 plus. This exclusive site is situated in the heart of Fremington, which offers excellent village facilities including a parish church, school, pub, restaurant, post office, medical cen...

Property Oracle says ..

This listing presents a development opportunity in Fremington, North Devon, for the construction of four detached bungalows, each with a garage. The location in Fremington offers a mix of village amenities and proximity to the larger town of Barnstaple, which provides further services and transport links. The provided images showcase a planned development of modern, well-designed bungalows. The plots available seem suitable for building, however, additional information such as specific plot sizes, precise dimensions of each dwelling, internal images, and more detailed construction specifications would enable a more comprehensive analysis. The price of £600,000 for the land and project requires a deeper evaluation. While the surrounding property prices would indicate that the project may be viable, an in-depth analysis of potential construction costs, expected sale prices for the completed bungalows, and the overall profitability of the development is crucial before forming a definitive opinion on its value. This information is absent from this property listing.

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
8
Location
7
Land
4
Bedrooms
0
Bathrooms
0
Sqft (est)
780.00

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
661,000.00 £
Increased by 29.29 %
from 511,241.00 £
Est sale value
422,760.00 £
Increased by 47.28 %
from 287,040.00 £
Average area rental value
2,410.00 £/mo
Increased by 120.90 %
from 1,091.00 £/mo
Est letting value
780.00 £/mo
from 0.00 £/mo
Est rental Yield
4.38 %
Increased by 71.09 %
from 2.56 %
Crime Rate
9.00 %
Unchanged by 0.00 %
from 9.00 %

Agent Activity

  • Phillips, Smith & Dunn created the listing.

Nearby Schools

NameTypeOfstedDistance
Fremington Primary SchoolAcademy Converter1.13 KM
Roundswell Community Primary AcademyFree Schools2.47 KM
The Shoreline AcademyAcademy Alternative Provision Sponsor Led2.91 KM
Sticklepath Community Primary AcademyAcademy Converter3.94 KM
Barnstaple (Sticklepath)Children's Centre4.08 KM

Images

2022-10-10 14.55.59.jpg thumbnail_image (1).jpg 6.jpeg Plot 03_00000.jpg Ariel_00000.jpg Plot 01_00000.jpg thumbnail_image (2).jpg 2022-10-10 14.56.19.jpg

Nearby Streets

NameAverage PriceAverage SqftDistance
Red Lane £ 000.00 KM
Park Close £ 290,00000.00 KM
Tarka Trail £ 000.00 KM
Aspen Grove £ 48,00000.00 KM
Horseshoe Close £ 000.00 KM

Nearby Transport

NameNLCTLCDistance
Barnstaple5725BNP6.08 KM

Nearby Listings

AddressPriceTypeScoreDistance
Cleave Park, Fremington £ 600,000BUY6 / 100.00 KM
Cleave Park, Fremington, Barnstaple £ 390,000BUY7 / 100.06 KM
Poundfield Close, Fremington, EX31 £ 450,000BUY7 / 100.06 KM
Redlands Road, Fremington, Barnstaple £ 285,000BUY6 / 100.13 KM
Fremington, Barnstaple £ 290,000BUY7 / 100.19 KM

Nearby Properties

AddressPriceDistance
6 Broady Strap £ 390,0000.04 KM
3 Broady Strap £ 316,0000.04 KM
8 Broady Strap £ 385,0000.04 KM
9 Cleave Park £ 206,0000.04 KM
4 Cleave Park £ 229,9500.04 KM