1 Park Rise, Northchurch, Berkhamsted, Hertfordshire, HP4 3RT
AU

1 Park Rise, Northchurch, Berkhamsted, Hertfordshire, HP4 3RT

By Auction House London

£ 75,000

Reviews

3 out of 5 stars

Auction House London says ..

**For Sale By Public Auction 12th February 2025 09:30 AM To inspect the legal documents for this property go to our website to download the legal pack** A Vacant Plot of Land Measuring Approximately 1,150 sq m (12,378 sq ft). Potential for Development (Subject to O...

Property Oracle says ..

This listing is for a vacant plot of land at 1 Park Rise, Northchurch, Berkhamsted. The property is being sold by public auction. The significant plot size of approximately 12,378 sq ft offers considerable potential for development, although planning permission would need to be sought. The location is in the village of Northchurch, reasonably close to Berkhamsted, providing access to amenities and transport links, including the nearby Berkhamsted train station which provides regular train services to London. Nearby streets like The Meads show significantly higher average property prices which suggests development potential, but also points out the absence of immediate comparable properties. The land is relatively flat, as seen in the aerial view. The low listing price of £75,000 reflects the lack of any existing structure and the need for significant investment before any habitable property could be created. The absence of a building makes the valuation challenging, as the price primarily reflects land value and potential future development rather than the immediate use of any property itself. Prospective buyers should carefully assess all potential costs associated with planning, construction, and any potential delays before bidding. The auction format adds an element of risk, so potential bidders should thoroughly research the legal documents, conduct a thorough site survey and plan carefully for all associated costs and timeframes.

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
8
Bedrooms
0
Bathrooms
0
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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
596,404.00 £
Unchanged by 0.00 %
from 596,404.00 £
Average area rental value
1,614.00 £/mo
Unchanged by 0.00 %
from 1,614.00 £/mo
Est rental Yield
3.25 %
Unchanged by 0.00 %
from 3.25 %
Crime Rate
13.00 %
Unchanged by 0.00 %
from 13.00 %

Agent Activity

  • Auction House London created the listing.

Nearby Schools

NameTypeOfstedDistance
St Mary'S Cofe Primary School, NorthchurchVoluntary Aided SchoolGood0.44 KM
Westfield Primary School And NurseryCommunity SchoolOutstanding1.00 KM
Egerton-Rothesay SchoolOther Independent School1.10 KM
D3 Little Hands Family CentreChildren's Centre1.47 KM
D2 Little Feet Family CentreChildren's Centre1.47 KM

Images

Nearby Streets

NameAverage PriceAverage SqftDistance
High Street £ 000.00 KM
Dell Road £ 000.00 KM
The Meads £ 925,00000.00 KM
Dorrien's Croft £ 600,00000.00 KM
Turner Court £ 285,00000.00 KM

Nearby Transport

NameNLCTLCDistance
Berkhamsted1390BKM3.55 KM
Tring1393TRI4.67 KM

Nearby Listings

Nearby Properties

AddressPriceDistance
3 Park Rise £ 550,0000.05 KM
5 Park Rise £ 418,0000.05 KM
1 Park Rise £ 457,0000.05 KM
9 Park Rise £ 740,0000.05 KM
141a High Street £ 45,0000.06 KM