The Bank, Parson Drove, PE13
HO

The Bank, Parson Drove, PE13

By Hockeys

£ 235,000

Reviews

3 out of 5 stars

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 %
from 213,489.00 £
Est sale value
10,570,159.62 £
Increased by 49.24 %
from 7,082,652.78 £
Average area rental value
1,276.00 £/mo
Increased by 2.82 %
from 1,241.00 £/mo
Est letting value
43,055.64 £/mo
Increased by 100.00 %
from 21,527.82 £/mo
Est rental Yield
5.95 %
Decreased by 14.76 %
from 6.98 %
Crime Rate
21.00 %
Unchanged by 0.00 %
from 21.00 %

Agent Activity

  • Hockeys created the listing.

Nearby Schools

NameTypeOfstedDistance
Alderman Payne Primary SchoolCommunity SchoolGood0.31 KM
Murrow Primary AcademyAcademy Sponsor Led2.40 KM
The Gedney Hill Church Of England Vc Primary SchoolVoluntary Controlled SchoolRequires improvement5.43 KM
Guyhirn Cofe Vc Primary SchoolAcademy ConverterGood7.06 KM
Wisbech St Mary Cofe AcademyAcademy Sponsor LedRequires improvement7.98 KM

Images

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Nearby Streets

NameAverage PriceAverage SqftDistance
Brewery Close £ 000.00 KM

Nearby Listings

AddressPriceTypeScoreDistance
The Bank, Parson Drove, Wisbech £ 325,000BUY7 / 100.03 KM
Riverside Gardens, Parson Drove, Wisbech £ 75,000BUY5 / 100.28 KM
Fen Road, Parson Drove £ 285,000BUY6 / 100.34 KM
Swan Gardens, Parson Drove £ 325,000BUYUnknown0.34 KM
Swan Gardens, Parson Drove, Wisbech £ 325,000BUYUnknown0.35 KM

Nearby Properties

AddressPriceDistance
10 The Bank £ 180,0000.02 KM
36 The Bank £ 375,0000.02 KM
31a The Bank £ 278,0000.02 KM
37 The Bank £ 310,0000.02 KM
21 The Bank £ 105,0000.02 KM