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
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Metrics Year-on-Year
- Average area value
- 247,857.00 £Increased by 20.94 %
- Average area rental value
- 1,019.00 £/moIncreased by 16.72 %
- Est rental Yield
- 4.93 %Decreased by 3.52 %
- Crime Rate
- 18.00 %Unchanged by 0.00 %
Agent Activity
Bruton Knowles created the listing.
Nearby Schools
| Name | Type | Ofsted | Distance |
|---|---|---|---|
| Longford Park Primary Academy | Free Schools | 2.65 KM | |
| Denmark Road High School | Academy Converter | 2.95 KM | |
| Kingsholm Church Of England Primary School | Voluntary Controlled School | Outstanding | 3.03 KM |
| The Milestone School | Academy Special Converter | 3.13 KM | |
| Kaleidoscope Kingsholm Children'S Centre | Children's Centre | 3.16 KM |
Images
Nearby Streets
| Name | Average Price | Average Sqft | Distance |
|---|---|---|---|
| Hillview | £ 270,000 | 0 | 0.00 KM |
| Longford Roundabout | £ 0 | 0 | 0.00 KM |
Nearby Transport
| Name | NLC | TLC | Distance |
|---|---|---|---|
| Gloucester | 4760 | GCR | 3.61 KM |
Nearby Listings
| Address | Price | Type | Score | Distance |
|---|---|---|---|---|
| Residential Development Land Sandhurst, Base Lane, Sandhurst, Gloucester, Gloucestershire, GL2 | £ 550,000 | BUY | 6 / 10 | 0.00 KM |
| Base Lane, Sandhurst, Gloucester, Gloucestershire, GL2 | £ 600,000 | BUY | 6 / 10 | 0.05 KM |
| Sandhurst Lane, Sandhurst, Gloucester | £ 350,000 | BUY | 7 / 10 | 0.45 KM |
| Sandhurst Lane, Sandhurst, Gloucester, GL2 | £ 240,000 | BUY | 7 / 10 | 1.11 KM |
| Sandhurst Lane, Sandhurst, Gloucester, Gloucestershire, GL2 | £ 795,000 | BUY | 7 / 10 | 1.12 KM |
Nearby Properties
| Address | Price | Distance |
|---|---|---|
| 2 Hillview | £ 252,000 | 0.49 KM |
| 10 Hillview | £ 139,950 | 0.49 KM |
| Whitethorn | £ 250,000 | 0.58 KM |
| Ingledean | £ 154,000 | 0.58 KM |
| The Hawthorns | £ 210,000 | 0.68 KM |