Welgate, Mattishall
MI

Welgate, Mattishall

By Minors & Brady

£ 110,000

Reviews

3 out of 5 stars

Minors & Brady says ..

GUIDE PRICE £110,000 - £130,000 Nestled away in a quiet location, this property offers a rare opportunity to acquire 4.4 acres of land with the potential for planning permission (subject to necessary consent).

Property Oracle says ..

This property listing presents a unique opportunity to purchase 4.4 acres of land in Mattishall, Norfolk. The land is currently undeveloped and appears to be overgrown, presenting a project for potential buyers. The location within Mattishall offers a degree of tranquility while still being within reach of local schools and amenities. However, the lack of detailed specifications regarding the land, particularly its suitability for development and potential constraints, presents a level of uncertainty. The given photographs showcase the extent of the land, its current state, and its position within the village. The list price of £110,000 seems relatively low compared to properties in surrounding areas, but considering that it is simply undeveloped land, this needs to be considered. It’s important to note that this investment would necessitate significant investment and planning processes which must be considered. Therefore, potential buyers should conduct thorough due diligence and seek professional advice from relevant professionals before deciding on purchase. In terms of the property itself, its undeveloped nature means it provides significant risk for the purchase. However, the potential benefits and opportunities provided are great.

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

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
524,125.00 £
Increased by 25.79 %
from 416,659.00 £
Average area rental value
925.00 £/mo
Decreased by 19.57 %
from 1,150.00 £/mo
Est rental Yield
2.12 %
Decreased by 35.95 %
from 3.31 %
Crime Rate
5.00 %
Unchanged by 0.00 %
from 5.00 %

Agent Activity

  • Minors & Brady marked this listing as sold.

  • Minors & Brady created the listing.

Nearby Schools

NameTypeOfstedDistance
Mattishall Primary SchoolAcademy Sponsor LedRequires improvement0.97 KM
Yaxham Church Of England Voluntary Aided Primary SchoolVoluntary Aided SchoolRequires improvement3.69 KM
Garvestone Community Primary SchoolAcademy ConverterGood5.10 KM
Hockering Church Of England Primary AcademyAcademy ConverterGood5.80 KM
Barnham Broom Church Of England Voluntary Aided Primary SchoolVoluntary Aided SchoolGood7.45 KM

Images

Nearby Streets

NameAverage PriceAverage SqftDistance
Willow Close £ 308,33300.00 KM
Hunter Avenue £ 365,00000.00 KM
Middleton Close £ 000.00 KM
New Lane £ 650,00000.00 KM

Nearby Listings

AddressPriceTypeScoreDistance
Welgate, Mattishall £ 110,000BUY6 / 100.00 KM
Ivy Way, Mattishall £ 300,000BUY6 / 100.15 KM
Lime Tree Close, Mattishall £ 230,000BUYUnknown0.19 KM
Gogle Close, Mattishall, NR20 £ 270,000BUY6 / 100.26 KM
Dereham Road, Mattishall, Dereham, NR20 3NT £ 425,000BUYUnknown0.31 KM

Nearby Properties

AddressPriceDistance
4 Cherry Tree Close £ 144,5000.11 KM
3 Cherry Tree Close £ 56,5000.11 KM
9 Cherry Tree Close £ 185,0000.11 KM
Lime Tree Farm £ 475,0000.13 KM
47 Welgate £ 159,9500.13 KM