Oakhill, Hollesley, Suffolk, IP12
AB

Oakhill, Hollesley, Suffolk, IP12

By Abbotts

£ 250,000

Reviews

2 out of 5 stars

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
MarkerMarkerMarkerMarkerMarkerMarker
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
452,778.00 £
Increased by 8.70 %
from 416,545.00 £
Average area rental value
992.00 £/mo
Increased by 19.66 %
from 829.00 £/mo
Est rental Yield
2.63 %
Increased by 10.04 %
from 2.39 %
Crime Rate
0.00 %
from 0.00 %

Agent Activity

  • Abbotts created the listing.

Nearby Schools

NameTypeOfstedDistance
Hollesley Primary SchoolCommunity SchoolGood2.33 KM
Bawdsey Church Of England Voluntary Controlled Primary SchoolVoluntary Controlled SchoolGood6.56 KM
Sandlings Primary SchoolCommunity SchoolGood8.00 KM
Rendlesham Primary SchoolAcademy Converter9.04 KM
Rendlesham Children'S CentreChildren's Centre9.12 KM

Images

Picture No. 02 Picture No. 05 Picture No. 01 Picture No. 06 Picture No. 03 Picture No. 04

Nearby Streets

NameAverage PriceAverage SqftDistance
Boyton Road £ 750,00000.00 KM
Woodbridge Road £ 350,00000.00 KM
Shingle Street £ 1,000,00000.00 KM
The Pastures £ 625,00000.00 KM
Watt Close £ 550,00000.00 KM

Nearby Listings

AddressPriceTypeScoreDistance
Oak Hill, Hollesley, Woodbridge £ 280,000BUY6 / 100.00 KM
Oakhill, Hollesley, Suffolk, IP12 £ 250,000BUY4 / 100.00 KM
Oak Hill, Hollesley, Suffolk, IP12 £ 110,000BUY5 / 100.05 KM
Acorn Rise, Hollesley, Woodbridge, Suffolk, IP12 £ 589,000BUY6 / 100.12 KM
Oak Hill, Woodbridge £ 270,000BUYUnknown0.32 KM

Nearby Properties

AddressPriceDistance
18 Oak Hill £ 163,0000.00 KM
45 Oak Hill £ 152,0000.00 KM
33 Oak Hill £ 150,0000.00 KM
26 Oak Hill £ 207,6210.00 KM
44 Oak Hill £ 156,0000.00 KM