TERRINGTON ST CLEMENT - Bungalow with out buildings in 3.29 acres (sts) Re-development Opportunity
LA

TERRINGTON ST CLEMENT - Bungalow with out buildings in 3.29 acres (sts) Re-development Opportunity

By Landles

£ 425,000

Reviews

3 out of 5 stars

Landles says ..

Redevelopment / refurbishment Opportunity - The detached 2 bedroom bungalow with outbuildings and former plant nursery on a most attractive plot of some 3.29 acres (stms). Situated on the edge of Terrington St Clement village & within walking distance of local amenities. Cash Purchasers Sought

Property Oracle says ..

This property presents a unique opportunity in Terrington St Clement, Norfolk. It’s a two-bedroom bungalow situated on a substantial 3.29-acre plot. The listing highlights the potential for redevelopment or refurbishment, indicating that the property requires significant work. The exterior photographs depict a bungalow in need of renovation, with overgrown vegetation and visible signs of wear. Several outbuildings are present on the land, including garages and other structures, offering additional space or development prospects. The significant land size is a major advantage, making it suitable for those seeking space, privacy and potential for expansion. The property’s location is described as being close to local amenities and several schools which have received good Ofsted ratings, making it potentially appealing to families. However, the absence of detailed information regarding the house’s interior condition and a lack of precise pricing data related to nearby comparable properties makes a comprehensive evaluation of value challenging. Buyers should factor in the substantial cost of renovation and potential planning permissions into their decision-making process. The significant plot size presents a development opportunity, but this requires further investigation of planning regulations and associated costs.

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
4
Location
7
Land
10
Bedrooms
2
Bathrooms
1
Sqft (est)
775.00

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
360,571.00 £
Increased by 8.68 %
from 331,782.00 £
Est sale value
207,700.00 £
Decreased by 8.53 %
from 227,075.00 £
Average area rental value
1,395.00 £/mo
Increased by 55.00 %
from 900.00 £/mo
Est letting value
775.00 £/mo
from 0.00 £/mo
Est rental Yield
4.64 %
Increased by 42.33 %
from 3.26 %
Crime Rate
7.00 %
Unchanged by 0.00 %
from 7.00 %

Agent Activity

  • Landles created the listing.

Nearby Schools

NameTypeOfstedDistance
St Clement'S Children'S CentreChildren's Centre1.50 KM
Westfield House SchoolOther Independent Special SchoolGood1.54 KM
Terrington St Clement Community SchoolCommunity SchoolGood1.68 KM
St Clement'S High SchoolAcademy Sponsor LedGood1.71 KM
Walpole Cross Keys Primary SchoolAcademy ConverterGood3.56 KM

Images

Nearby Streets

NameAverage PriceAverage SqftDistance
Nursery Close £ 270,00000.00 KM
Vicarage Close £ 000.00 KM
Low Lane £ 000.00 KM
Wesley Road £ 000.00 KM
Paddock Close £ 000.00 KM

Nearby Listings

AddressPriceTypeScoreDistance
Popes Lane, Terrington St Clement £ 335,000BUYUnknown0.09 KM
Sutton Road, Terrington St Clement, King's Lynn, £ 190,000BUY5 / 100.21 KM
Terrington St. Clement, King's Lynn, Norfolk, PE34 £ 280,000BUYUnknown0.21 KM
Terrington St. Clement £ 600,000BUY7 / 100.21 KM
Hillgate Street, Terrington St Clement, King's Lynn, PE34 £ 249,995BUY6 / 100.29 KM

Nearby Properties

AddressPriceDistance
23 Wanton Lane £ 147,0000.17 KM
14 Wanton Lane £ 345,0000.17 KM
29 Wanton Lane £ 207,5000.17 KM
19 Wanton Lane £ 124,0000.18 KM
17 Wanton Lane £ 335,0000.18 KM