Ulleswater Street, Leigh, WN7
By Land & New Homes
£ 900,000
Reviews
2 out of 5 stars
Land & New Homes says ..
Planning permission has now been granted for the construction of twenty new townhouses to the rear which will be facing onto Ullswater Street and Thirlmere Street in an incredible position close to Leigh town centre.
Property Oracle says ..
This property in Leigh, Greater Manchester, is a significant development opportunity, not a habitable property. The listing involves a substantial plot of land at Ulleswater Street, currently housing a derelict building. Planning permission has already been granted for the development of 20 townhouses and the conversion of the existing building, possibly into apartments. The location is convenient, close to Leigh town centre and several well-rated primary schools. However, the property itself is in disrepair, and any potential purchase involves significant risk and costs associated with demolition, construction, and potential market fluctuations. Nearby property prices suggest a range of values for smaller residential properties, but these do not accurately reflect the potential value of this development site. The size and potential of the land significantly outweigh the condition of the existing structure. The list price reflects the development potential, but the associated risks and costs of development must be carefully weighed by any prospective buyer. A detailed feasibility study would be recommended to assess the financial viability of the project.
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
- 2
- Location
- 7
- Land
- 8
- Bedrooms
- 0
- Bathrooms
- 0
- Sqft (est)
- 1,117.83
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
- 158,694.00 £Increased by 2.03 %
- Est sale value
- 254,865.24 £Increased by 70.15 %
- Average area rental value
- 976.00 £/moIncreased by 24.81 %
- Est letting value
- 1,117.83 £/mo
- Est rental Yield
- 7.38 %Increased by 22.39 %
- Crime Rate
- 137.00 %Unchanged by 0.00 %
Agent Activity
Land & New Homes created the listing.
Nearby Schools
| Name | Type | Ofsted | Distance |
|---|---|---|---|
| Leigh St Mary'S Cofe Primary School | Voluntary Aided School | Good | 0.32 KM |
| Leigh Central Sure Start Children'S Centre | Children's Centre Linked Site | 0.40 KM | |
| Leigh Central Primary School | Community School | Good | 0.40 KM |
| Sacred Heart Catholic Primary School Leigh | Voluntary Aided School | Good | 0.44 KM |
| Christ Church Cofe Primary School, Pennington | Voluntary Aided School | Good | 0.64 KM |
Images
Nearby Streets
| Name | Average Price | Average Sqft | Distance |
|---|---|---|---|
| Hill Street | £ 0 | 0 | 0.00 KM |
| Navigation Close | £ 0 | 0 | 0.00 KM |
| Cook Street | £ 0 | 0 | 0.00 KM |
| Peel Street | £ 0 | 0 | 0.00 KM |
| Walmersley Court | £ 0 | 0 | 0.00 KM |
Nearby Transport
| Name | NLC | TLC | Distance |
|---|---|---|---|
| Daisy Hill | 2777 | DSY | 4.83 KM |
| Hag Fold | 2585 | HGF | 5.22 KM |
| Atherton | 2584 | ATN | 6.12 KM |
| Westhoughton | 2619 | WHG | 6.55 KM |
| Hindley | 2398 | HIN | 7.63 KM |
Nearby Listings
| Address | Price | Type | Score | Distance |
|---|---|---|---|---|
| Ulleswater Street, Leigh, WN7 | £ 450,000 | BUY | 6 / 10 | 0.00 KM |
| Ulleswater Street, Leigh, WN7 | £ 900,000 | BUY | 5 / 10 | 0.00 KM |
| Leigh, Greater Manchester, WN7 | £ 125,000 | BUY | 6 / 10 | 0.00 KM |
| Ulleswater Street, Leigh, WN7 | £ 130,000 | BUY | 6 / 10 | 0.04 KM |
| Organ Street, Leigh, Greater Manchester, WN7 | £ 110,000 | BUY | 5 / 10 | 0.07 KM |
Nearby Properties
| Address | Price | Distance |
|---|---|---|
| 5 Ulleswater Street | £ 86,000 | 0.01 KM |
| 9 Ulleswater Street | £ 73,000 | 0.01 KM |
| 11 Ulleswater Street | £ 72,500 | 0.01 KM |
| 33 Ulleswater Street | £ 82,000 | 0.01 KM |
| 17 Ulleswater Street | £ 27,000 | 0.01 KM |