William Street, Herne Bay
WI

William Street, Herne Bay

By Wilbee & Son

£ 1,000,000

Reviews

2 out of 5 stars

Wilbee & Son says ..

.... .SUBSTANTIAL TOWN CENTRE FREEHOLD DEVELOPMENT SITE FOR SALE....... LOCATED JUST OFF THE SEA FRONT ,HIGH STREET AND SHOPPING PRECINCT . .. ALL RELATED COSTS TO BE BOURNE BY THE PURCHASER ... PROOF OF FUNDS MUST BE PRODUCED TO SECURE ANY PURCHASE . THE SITE IS CURRENTLY A FULLY OPERATIONA...

Property Oracle says ..

This property listing presents a development opportunity in Herne Bay, Kent. The images show a sizeable vacant lot, currently functioning as an open-air car park, situated on William Street. The location offers proximity to the town centre, Herne Bay train station, and several schools, suggesting potential appeal for residential development. The site’s condition shows wear and tear, with some graffiti present on nearby walls. The presence of graffiti, and the general undeveloped appearance, suggest a need for investment to upgrade the area. There is no garden or landscaping. The listing price of £1,000,000 is substantial for a vacant lot, but potentially justified by its size and location, particularly considering similar land prices listed nearby. Further due diligence and feasibility studies would be necessary to determine the suitability for specific development projects. The listing highlights high potential, but prospective buyers must factor in preparation, planning, and construction costs before purchasing this site.

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
6
Condition
4
Location
7
Land
6
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
316,612.00 £
Decreased by 3.71 %
from 328,818.00 £
Average area rental value
1,188.00 £/mo
Increased by 4.39 %
from 1,138.00 £/mo
Est rental Yield
4.50 %
Increased by 8.43 %
from 4.15 %
Crime Rate
38.00 %
Unchanged by 0.00 %
from 38.00 %

Agent Activity

  • Wilbee & Son marked this listing as sold.

  • Wilbee & Son created the listing.

Nearby Schools

NameTypeOfstedDistance
Herne Bay Junior SchoolFoundation SchoolGood0.45 KM
The Poppy Children'S CentreChildren's Centre0.49 KM
Herne Bay Infant SchoolCommunity SchoolGood0.50 KM
Fairlight Glen Independent Special SchoolOther Independent Special SchoolGood1.10 KM
Herne Bay High SchoolAcademy ConverterGood2.14 KM

Images

IMG_5589.JPG IMG_5590.JPG IMG_5596.JPG IMG_5587.JPG IMG_5588.JPG IMG_5591.JPG IMG_5592.JPG IMG_5593.JPG IMG_5595.JPG IMG_5597.JPG IMG_5594.JPG

Nearby Streets

NameAverage PriceAverage SqftDistance
Prospect Hill £ 662,50000.00 KM
Queen Street £ 000.00 KM
North Street £ 000.00 KM
Richmond Mews £ 240,00000.00 KM
Spenser Road £ 295,00000.00 KM

Nearby Transport

NameNLCTLCDistance
Herne Bay5174HNB1.49 KM
Chestfield And Swalecliffe5200CSW6.95 KM
Sturry5029STU7.98 KM

Nearby Listings

AddressPriceTypeScoreDistance
William Street, Herne Bay £ 425,000BUY7 / 100.00 KM
William Street, Herne Bay £ 510,000BUY6 / 100.00 KM
5 Haddington Court, 10 William Street, Herne Bay £ 395,000BUY6 / 100.00 KM
11 Haddington Court, 10 William Street, Herne Bay £ 420,000BUY6 / 100.00 KM
William Street, Herne Bay £ 500,000BUYUnknown0.01 KM

Nearby Properties

AddressPriceDistance
13 William Street £ 230,0000.03 KM
7b William Street £ 36,5000.03 KM
30a William Street £ 79,5000.04 KM
63a Central Parade £ 114,0000.11 KM
67 Mortimer Street £ 75,0000.11 KM