Abbotts says ..
Development Opportunity - Land and Buildings at Oak Hill, Hollesley, Suffolk, IP12 3JY The Site: The subject land measures approx.0.51acres(0.21HA) and is broadly rectangular in shape. The existing development on the site currently comprises of a clubhouse building (a...
Property Oracle says ..
This property in Hollesley, Suffolk, presents a unique opportunity for buyers with a specific vision. It is listed as a land and building opportunity with a substantial plot of land suitable for development or extensive renovations. The existing structure shows evident signs of disrepair, and the images clearly depict a derelict state. The lack of bedrooms and bathrooms in the listing further emphasizes that the property requires comprehensive work before it can be used as a residential dwelling. The property’s location in Hollesley offers a peaceful, rural setting, with nearby primary schools. Access to public transportation is not explicitly clear from the provided information. The price of £250,000 represents a significant investment that needs to account for the extensive renovation or redevelopment costs. Potential buyers should undertake thorough due diligence, including cost estimations for refurbishment or alternative development plans, before making any purchase decision. The considerable land area presents a major advantage, and the overall value depends heavily on the buyer’s planned use for the property and their capability to handle a large-scale renovation project. The property is suitable for those looking for a project to develop in a tranquil location. For those simply looking for a turnkey solution this property would be unsuitable. Thorough due diligence is crucial.
Therefore, we give this property 4 / 10. *Disclaimer: This is our option and does constitute a recommendation or financial advice. Do your own research. *
- Price
- 6
- Condition
- 3
- Location
- 4
- Land
- 6
- Bedrooms
- 0
- Bathrooms
- 0
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Metrics Year-on-Year
- Average area value
- 452,778.00 £Increased by 8.70 %
- Average area rental value
- 992.00 £/moIncreased by 19.66 %
- Est rental Yield
- 2.63 %Increased by 10.04 %
- Crime Rate
- 0.00 %
Agent Activity
Abbotts created the listing.
Nearby Schools
Name | Type | Ofsted | Distance |
---|---|---|---|
Hollesley Primary School | Community School | Good | 2.33 KM |
Bawdsey Church Of England Voluntary Controlled Primary School | Voluntary Controlled School | Good | 6.56 KM |
Sandlings Primary School | Community School | Good | 8.00 KM |
Rendlesham Primary School | Academy Converter | 9.04 KM | |
Rendlesham Children'S Centre | Children's Centre | 9.12 KM |
Images
Nearby Streets
Name | Average Price | Average Sqft | Distance |
---|---|---|---|
Boyton Road | £ 750,000 | 0 | 0.00 KM |
Woodbridge Road | £ 350,000 | 0 | 0.00 KM |
Shingle Street | £ 1,000,000 | 0 | 0.00 KM |
The Pastures | £ 625,000 | 0 | 0.00 KM |
Watt Close | £ 550,000 | 0 | 0.00 KM |
Nearby Listings
Address | Price | Type | Score | Distance |
---|---|---|---|---|
Oak Hill, Hollesley, Woodbridge | £ 280,000 | BUY | 6 / 10 | 0.00 KM |
Oakhill, Hollesley, Suffolk, IP12 | £ 250,000 | BUY | 4 / 10 | 0.00 KM |
Oak Hill, Hollesley, Suffolk, IP12 | £ 110,000 | BUY | 5 / 10 | 0.05 KM |
Acorn Rise, Hollesley, Woodbridge, Suffolk, IP12 | £ 589,000 | BUY | 6 / 10 | 0.12 KM |
Oak Hill, Woodbridge | £ 270,000 | BUY | Unknown | 0.32 KM |
Nearby Properties
Address | Price | Distance |
---|---|---|
18 Oak Hill | £ 163,000 | 0.00 KM |
45 Oak Hill | £ 152,000 | 0.00 KM |
33 Oak Hill | £ 150,000 | 0.00 KM |
26 Oak Hill | £ 207,621 | 0.00 KM |
44 Oak Hill | £ 156,000 | 0.00 KM |