Whittley Parish says ..
*DEVELOPMENT OPPORTUNITY* An excellent opportunity to acquire a single building plot with full planning permission granted for the erection of a two bedroom single storey detached dwelling.
Property Oracle says ..
This property on Magdalen Street in Eye, Suffolk, presents itself as a development opportunity. The listing shows a significant plot of land currently overgrown but with potential for building. The images showcase a large, undeveloped area that would require substantial landscaping and clearing before any construction could begin. The location in Eye is advantageous, offering access to amenities and schooling. The proximity to Hartismere School, rated Outstanding by Ofsted, is a significant positive for families. Transportation links are available through the nearby Diss railway station. However, the absence of an existing structure, and the current condition of the land, means that a considerable investment will be needed before the property is habitable. Therefore, while the location and land size are attractive aspects, the necessary work before a property can be created impacts the overall value. The provided price reflects the ‘as-is’ state and the development potential. More detailed information about the plot size and planning permission granted would be necessary to make a more definitive evaluation of the market value.
Therefore, we give this property 5 / 10. *Disclaimer: This is our option and does constitute a recommendation or financial advice. Do your own research. *
- Price
- 6
- Condition
- 3
- Location
- 7
- Land
- 5
- Bedrooms
- 0
- Bathrooms
- 0
- Sqft (est)
- 847.44
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
- 313,333.00 £Increased by 3.31 %
- Est sale value
- 210,165.12 £Increased by 38.55 %
- Average area rental value
- 838.00 £/moDecreased by 3.12 %
- Est letting value
- 0.00 £/mo
- Est rental Yield
- 3.21 %Decreased by 6.14 %
- Crime Rate
- 35.00 %Unchanged by 0.00 %
Agent Activity
Whittley Parish created the listing.
Nearby Schools
| Name | Type | Ofsted | Distance |
|---|---|---|---|
| Eye Children'S Centre | Children's Centre | 0.57 KM | |
| St Peter And St Paul Church Of England Primary School, Eye | Academy Converter | 0.82 KM | |
| Hartismere School | Academy Converter | Outstanding | 0.91 KM |
| Occold Primary School | Academy Converter | 3.70 KM | |
| Thorndon Church Of England Voluntary Controlled Primary School | Voluntary Controlled School | Requires improvement | 4.08 KM |
Images
Nearby Streets
| Name | Average Price | Average Sqft | Distance |
|---|---|---|---|
| Cross Street | £ 0 | 0 | 0.00 KM |
| Moorhall Causeway | £ 180,000 | 0 | 0.00 KM |
| The Rookery | £ 0 | 0 | 0.00 KM |
| Nelson Gardens | £ 0 | 0 | 0.00 KM |
| Oak Lawn | £ 0 | 0 | 0.00 KM |
Nearby Transport
| Name | NLC | TLC | Distance |
|---|---|---|---|
| Diss | 7348 | DIS | 6.38 KM |
Nearby Listings
| Address | Price | Type | Score | Distance |
|---|---|---|---|---|
| Magdalen Street, Eye | £ 270,000 | BUY | 7 / 10 | 0.00 KM |
| Magdalen Street, Eye | £ 140,000 | BUY | 5 / 10 | 0.00 KM |
| Magdalen Street, Eye | £ 250,000 | BUY | 7 / 10 | 0.02 KM |
| Magdalen Street, EYE | £ 220,000 | BUY | 5 / 10 | 0.02 KM |
| Magdalen Street, Eye | £ 250,000 | BUY | 6 / 10 | 0.02 KM |
Nearby Properties
| Address | Price | Distance |
|---|---|---|
| 11 Magdalen Street | £ 235,000 | 0.01 KM |
| 4 Magdalen Street | £ 182,000 | 0.01 KM |
| 27 Magdalen Street | £ 280,000 | 0.01 KM |
| 18 Magdalen Street | £ 155,000 | 0.01 KM |
| 35a Magdalen Street | £ 185,000 | 0.01 KM |