Residential development for sale – Residential Development Site, Long Preston, BD23 4PH
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Residential development for sale – Residential Development Site, Long Preston, BD23 4PH

By David Hill

£ 575,000

Reviews

3 out of 5 stars

David Hill says ..

An exciting residential development opportunity comprising land with full planning permission for the construction of ten new build dwellings providing a combination of affordable, local occupancy and open market housing. Convenient setting within the rural village of Long Preston just 4 miles...

Property Oracle says ..

This property presents a development opportunity in the village of Long Preston, North Yorkshire. The land already has planning permission for ten new build dwellings, providing a mix of affordable and open market housing. The location is reasonably convenient, with a nearby train station and primary school. The land itself is substantial and offers potential, though currently requires preparation before construction. Images indicate the land is largely overgrown and will require significant clearing and preparation. The asking price reflects the potential for development but buyers should factor in pre-construction costs and current market conditions when evaluating its overall value. The lack of details on the specific plans for the development and the absence of precise plot measurements slightly limits a complete analysis. However, the planning permission itself provides a solid foundation for a sound investment decision, provided that all regulatory steps are followed and the market for housing in this area remains supportive.

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
7
Condition
4
Location
7
Land
6
Bedrooms
0
Bathrooms
0
Sqft (est)
1,609.20

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
771,250.00 £
Decreased by 17.31 %
from 932,682.00 £
Est sale value
1,078,164.00 £
Increased by 42.55 %
from 756,324.00 £
Average area rental value
2,179.00 £/mo
Increased by 0.32 %
from 2,172.00 £/mo
Est letting value
1,609.20 £/mo
Unchanged by 0.00 %
from 1,609.20 £/mo
Est rental Yield
3.39 %
Increased by 21.51 %
from 2.79 %
Crime Rate
60.00 %
Unchanged by 0.00 %
from 60.00 %

Agent Activity

  • David Hill created the listing.

Nearby Schools

NameTypeOfstedDistance
Long Preston Endowed Voluntary Aided Primary SchoolVoluntary Aided SchoolGood0.83 KM
North Craven Children'S CentreChildren's Centre3.90 KM
Hellifield Community Primary SchoolCommunity SchoolGood3.90 KM
Settle Church Of England Voluntary Controlled Primary SchoolVoluntary Controlled SchoolGood5.75 KM
Settle CollegeCommunity SchoolGood6.33 KM

Images

Nearby Streets

NameAverage PriceAverage SqftDistance
Ribbledale Estate £ 320,00000.00 KM
Hill Croft £ 000.00 KM
Bankside £ 282,47500.00 KM

Nearby Transport

NameNLCTLCDistance
Long Preston2657LPR0.65 KM
Hellifield2656HLD3.68 KM
Settle2107SET5.59 KM
Giggleswick2655GIG6.58 KM

Nearby Properties

AddressPriceDistance
50 Main Street £ 130,0000.06 KM
30 Main Street £ 282,5000.06 KM
20 Main Street £ 537,5000.06 KM
33 Main Street £ 379,0000.06 KM
25 Main Street £ 155,0000.06 KM