Plot 3 Martinique Farm, East Martin Road, Fordingbridge
KI

Plot 3 Martinique Farm, East Martin Road, Fordingbridge

By Kings Estates

£ 395,000

Reviews

2 out of 5 stars

Kings Estates says ..

A rare opportunity to acquire a redundant agricultural building with separate planning permissions to replace or convert into a 3-bedroom barn-style residence set in a scenic rural location. VIEWINGS BY APPOINTMENT ONLY. (PLOT 3 )

Property Oracle says ..

This property listing presents a unique opportunity to acquire a plot of land with planning permission to build a new three-bedroom home in a rural area of the New Forest National Park. The current structures on the site are redundant agricultural buildings that require full renovation or demolition before construction can begin. The property is located on a significant plot of land suitable for building. The nearest schools are several kilometres away, and public transport options are limited. The existing buildings appear older and may require considerable renovation or demolition before building can proceed. The surrounding area is picturesque and tranquil, with the benefit of being within the New Forest. The asking price is in line with similar nearby plots of land with planning permission. Buyers should factor in the costs of demolition or renovation of existing structures, the building of a new house, and associated planning and legal fees. This is a project requiring significant investment and expertise. Potential buyers need to be aware of the total costs involved before proceeding.

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
7
Condition
5
Location
4
Land
7
Bedrooms
0
Bathrooms
0
Sqft (est)
1,500.00
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Leaflet © OpenStreetMap contributors

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
394,494.00 £
Decreased by 2.65 %
from 405,237.00 £
Est sale value
640,500.00 £
Increased by 15.72 %
from 553,500.00 £
Average area rental value
1,393.00 £/mo
Increased by 37.38 %
from 1,014.00 £/mo
Est letting value
1,500.00 £/mo
from 0.00 £/mo
Est rental Yield
4.24 %
Increased by 41.33 %
from 3.00 %
Crime Rate
0.00 %
from 0.00 %

Agent Activity

  • Kings Estates created the listing.

Nearby Schools

NameTypeOfstedDistance
Aurora Boveridge CollegeSpecial Post 16 Institution5.68 KM
The Beeches SchoolOther Independent Special SchoolGood6.25 KM
Broad Chalke Cofe Primary SchoolVoluntary Aided SchoolOutstanding6.47 KM
Cranborne Middle SchoolCommunity SchoolGood7.17 KM
Western Downland Church Of England Aided Primary SchoolVoluntary Aided SchoolGood7.42 KM

Images

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Nearby Listings

AddressPriceTypeScoreDistance
East Martin Road, Fordingbridge, Hampshire £ 350,000BUY5 / 100.00 KM
Plot 3 Martinique Farm, East Martin Road, Fordingbridge £ 395,000BUY5 / 100.00 KM
Plot 1 Martinique Farm, East Martin Road, Fordingbridge £ 380,000BUY5 / 100.00 KM
East Martin, Fordingbridge, SP6 £ 380,000BUY5 / 100.67 KM
East Martin, Fordingbridge, SP6 £ 350,000BUY5 / 100.67 KM

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