Development Opportunity off Back Lane, Burton Overy, Leicestershire
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Development Opportunity off Back Lane, Burton Overy, Leicestershire

By James Sellicks Estate Agents

£ 250,000

Reviews

3 out of 5 stars

James Sellicks Estate Agents says ..

This is a truly extraordinary and rare opportunity to acquire a building plot with full detailed planning consent for a stunning three-bedroom detached village home, set in the heart of one of Leicestershire’s most sought-after conservation villages. Designed to offer both modern convenience and ...

Property Oracle says ..

This listing presents a development opportunity in Burton Overy, Leicestershire. The property is a plot of land with plans for a new build, as evidenced by the provided CGI images. The proposed structure is a two-story building with a modern design incorporating both brick and dark-colored cladding. The images depict a potential outdoor space, including a patio area and some landscaping. The plot size is relatively small at approximately 0.12 acres. The location offers a balance between rural tranquility and proximity to schools, although transportation options appear limited. The list price of £250,000 is in line with some local property values, but the lack of comparable properties makes it difficult to definitively assess its value. Potential buyers should factor in the costs of construction and development to determine the overall investment cost. The property would suit buyers seeking a new build project in a quieter village setting, but the distance to amenities should be carefully considered. The CGI’s should be viewed as indicative only and the final product may differ.

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
7
Location
6
Land
4
Bedrooms
0
Bathrooms
0
Sqft (est)
1,158.63

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
662,500.00 £
Increased by 41.45 %
from 468,379.00 £
Est sale value
497,052.27 £
Increased by 22.92 %
from 404,361.87 £
Average area rental value
1,788.00 £/mo
Increased by 41.12 %
from 1,267.00 £/mo
Est letting value
1,158.63 £/mo
from 0.00 £/mo
Est rental Yield
3.24 %
Decreased by 0.31 %
from 3.25 %
Crime Rate
88.00 %
Unchanged by 0.00 %
from 88.00 %

Agent Activity

  • James Sellicks Estate Agents created the listing.

Nearby Schools

NameTypeOfstedDistance
Stoneygate SchoolOther Independent School2.62 KM
Great Glen St Cuthbert'S Church Of England Primary SchoolVoluntary Controlled SchoolRequires improvement2.72 KM
Kibworth Church Of England Primary SchoolAcademy Converter3.93 KM
Leicester Grammar School TrustOther Independent School4.38 KM
Kibworth Mead AcademyAcademy ConverterRequires improvement4.73 KM

Images

Proposed dwelling Proposed dwelling Proposed dwelling Proposed dwelling Proposed dwelling Proposed dwelling Proposed dwelling Proposed dwelling Plan Site Plan OPTION ONE OPTION ONE OPTION ONE OPTION ONE OPTION TWO OPTION TWO OPTION TWO OPTION TWO OPTION TWO OPTION TWO OPTION TWO OPTION TWO

Nearby Streets

NameAverage PriceAverage SqftDistance
Acorn Lane £ 000.00 KM

Nearby Listings

AddressPriceTypeScoreDistance
Development Opportunity off Back Lane, Burton Overy, Leicestershire £ 250,000BUY6 / 100.00 KM
Back Lane, Leicester, LE8 £ 1,175,000BUY8 / 100.04 KM
Back Lane, Burton Overy, LE8 £ 925,000BUY7 / 100.06 KM
Baileys Lane, Burton Overy, Leicester, LE8 9DD £ 650,000BUY6 / 100.08 KM
Back Lane, Burton Overy, Leicestershire £ 995,000BUY7 / 100.08 KM

Nearby Properties

AddressPriceDistance
The Higher House £ 1,300,0000.08 KM
Ridgefield £ 420,0000.09 KM
The Old Coach House £ 630,0000.09 KM
Linden £ 485,0000.09 KM
Burton House £ 940,0000.09 KM