Hockeys says ..
A unique opportunity to build a spacious four bedroom family home with picturesque views in the sought after village of Parson Drove on a total plot of 0.8 acres. With full planning permission in place, there is also another 38 acres available to purchase at £15,000 per acre for the first 4 acres...
Property Oracle says ..
This listing presents a unique opportunity to build a new home in the village of Parson Drove, Cambridgeshire. The property offers a substantial plot of land measuring 0.8 acres, providing ample space for a sizable family dwelling. Architectural plans are available, indicating a proposed four-bedroom house. The land itself appears largely undeveloped, with some existing outbuildings that may require demolition or renovation. The presence of Alderman Payne Primary School, rated as ‘Good’ by Ofsted, within close proximity is a significant benefit for families. The absence of nearby transportation data necessitates using personal transport to access other locations. The listed price is noteworthy compared to some existing properties in the area; however, a definitive assessment of value requires detailed cost projections for the planned building project and inclusion of the costs for the planned structure. The potential for expansion by purchasing additional acres is a strong asset. Overall, the listing shows promise, but due diligence on planning permission, building costs, and the condition of the existing structures is vital before making any purchasing decisions.
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
- Sqft (est)
- 21,527.82
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
- 257,476.00 £Increased by 20.60 %
- Est sale value
- 10,570,159.62 £Increased by 49.24 %
- Average area rental value
- 1,276.00 £/moIncreased by 2.82 %
- Est letting value
- 43,055.64 £/moIncreased by 100.00 %
- Est rental Yield
- 5.95 %Decreased by 14.76 %
- Crime Rate
- 21.00 %Unchanged by 0.00 %
Agent Activity
Hockeys created the listing.
Nearby Schools
| Name | Type | Ofsted | Distance |
|---|---|---|---|
| Alderman Payne Primary School | Community School | Good | 0.31 KM |
| Murrow Primary Academy | Academy Sponsor Led | 2.40 KM | |
| The Gedney Hill Church Of England Vc Primary School | Voluntary Controlled School | Requires improvement | 5.43 KM |
| Guyhirn Cofe Vc Primary School | Academy Converter | Good | 7.06 KM |
| Wisbech St Mary Cofe Academy | Academy Sponsor Led | Requires improvement | 7.98 KM |
Images
Nearby Streets
| Name | Average Price | Average Sqft | Distance |
|---|---|---|---|
| Brewery Close | £ 0 | 0 | 0.00 KM |
Nearby Listings
| Address | Price | Type | Score | Distance |
|---|---|---|---|---|
| The Bank, Parson Drove, Wisbech | £ 325,000 | BUY | 7 / 10 | 0.03 KM |
| Riverside Gardens, Parson Drove, Wisbech | £ 75,000 | BUY | 5 / 10 | 0.28 KM |
| Fen Road, Parson Drove | £ 285,000 | BUY | 6 / 10 | 0.34 KM |
| Swan Gardens, Parson Drove | £ 325,000 | BUY | Unknown | 0.34 KM |
| Swan Gardens, Parson Drove, Wisbech | £ 325,000 | BUY | Unknown | 0.35 KM |
Nearby Properties
| Address | Price | Distance |
|---|---|---|
| 10 The Bank | £ 180,000 | 0.02 KM |
| 36 The Bank | £ 375,000 | 0.02 KM |
| 31a The Bank | £ 278,000 | 0.02 KM |
| 37 The Bank | £ 310,000 | 0.02 KM |
| 21 The Bank | £ 105,000 | 0.02 KM |