Residential Development Land Sandhurst, Base Lane, Sandhurst, Gloucester, Gloucestershire, GL2
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Residential Development Land Sandhurst, Base Lane, Sandhurst, Gloucester, Gloucestershire, GL2

By Bruton Knowles

£ 550,000

Reviews

3 out of 5 stars

Bruton Knowles says ..

Farmyard and barns with detailed consent for residential development scheme for four dwellings. The site comprises a range of agricultural buildings and circulation space with hardstanding. The site benefits from two established access points off Base Lane. The site is broadly level and benefits...

Property Oracle says ..

This property listing presents a development opportunity rather than a ready-to-occupy dwelling. The site consists of a plot of land in Sandhurst, Gloucestershire, containing several dilapidated farm buildings. The property is marketed as a potential development scheme with detailed planning permission granted for the construction of four dwellings. The existing structures are in a poor state of repair and will require significant work, or complete demolition, before construction can begin. The location of the property, while rural, offers proximity to Gloucester and Tewkesbury, along with relatively convenient access to transport links via the nearby motorway. The presence of several primary and secondary schools within a few kilometers makes it potentially appealing to families looking to build. The lack of precise square footage data for both the land and the buildings limits a full analysis of the price-per-square-foot ratio. However, the list price is seemingly aligned with the potential yield of creating four dwellings. A thorough due diligence and cost analysis of the renovation or demolition process is crucial before any investment decisions are made. The site’s potential hinges on successful project management and accurate budgeting for the development. Overall, it represents a high-risk, high-reward investment opportunity that is dependent on the successful execution of a considerable building project.

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
7
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
247,857.00 £
Increased by 20.94 %
from 204,936.00 £
Average area rental value
1,019.00 £/mo
Increased by 16.72 %
from 873.00 £/mo
Est rental Yield
4.93 %
Decreased by 3.52 %
from 5.11 %
Crime Rate
18.00 %
Unchanged by 0.00 %
from 18.00 %

Agent Activity

  • Bruton Knowles created the listing.

Nearby Schools

NameTypeOfstedDistance
Longford Park Primary AcademyFree Schools2.65 KM
Denmark Road High SchoolAcademy Converter2.95 KM
Kingsholm Church Of England Primary SchoolVoluntary Controlled SchoolOutstanding3.03 KM
The Milestone SchoolAcademy Special Converter3.13 KM
Kaleidoscope Kingsholm Children'S CentreChildren's Centre3.16 KM

Images

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Nearby Streets

NameAverage PriceAverage SqftDistance
Hillview £ 270,00000.00 KM
Longford Roundabout £ 000.00 KM

Nearby Transport

NameNLCTLCDistance
Gloucester4760GCR3.61 KM

Nearby Properties

AddressPriceDistance
2 Hillview £ 252,0000.49 KM
10 Hillview £ 139,9500.49 KM
Whitethorn £ 250,0000.58 KM
Ingledean £ 154,0000.58 KM
The Hawthorns £ 210,0000.68 KM