House & Annex Malvern Street, Stapenhill
By John German
£ 495,000
Reviews
3 out of 5 stars
John German says ..
VIRTUAL 360 TOUR AVAILABLE - Standing on a 0.31 acre plot is this FANTASTIC INVESTMENT OPPORTUNITY, perfect for those seeking a project and ideal for multi generational living including a substantial 1735 sq.ft detached bungalow ready for modernisation accompanied by a detached 2 bedroom, 2 recep...
Property Oracle says ..
This property presents a unique opportunity for a buyer willing to undertake a renovation project. Situated in the desirable Stapenhill area of Burton-on-Trent, it offers a large plot size, multiple bedrooms and bathrooms, and proximity to good schools and transport links. The main house is a substantial property with a large garden. There is also a separate annex. However, it’s crucial to note that the property requires significant modernisation and repair. The interior is dated, and several areas show evidence of significant wear and tear, from peeling wallpaper to damaged ceiling. Buyers should factor these renovation costs into their overall investment. The large plot of land, however, does add value. Its size is far greater than most other properties in the area. The presence of a separate annexe which, if renovated would provide additional living space, should also be considered. The listing price must be considered relative to the required renovation costs. Those with the budget and inclination to undertake substantial work could transform this property into a substantial family home, potentially offering excellent value for money. Prospective buyers should obtain professional valuations and factor in substantial repair and renovation costs before making an offer.
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
- 4
- Location
- 7
- Land
- 6
- Bedrooms
- 6
- Bathrooms
- 5
- Sqft (est)
- 2,629.73
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
- 260,000.00 £Decreased by 16.66 %
- Est sale value
- 370,791.93 £Decreased by 42.45 %
- Average area rental value
- 1,150.00 £/moIncreased by 58.62 %
- Est letting value
- 0.00 £/mo
- Est rental Yield
- 5.31 %Increased by 90.32 %
- Crime Rate
- 3.00 %Unchanged by 0.00 %
Agent Activity
John German created the listing.
Nearby Schools
| Name | Type | Ofsted | Distance |
|---|---|---|---|
| The Violet Way Academy | Academy Converter | Outstanding | 0.76 KM |
| Paulet High School | Academy Converter | 0.98 KM | |
| Edge Hill Academy | Academy Converter | 1.08 KM | |
| Holy Rosary Catholic Voluntary Academy | Academy Sponsor Led | 1.10 KM | |
| Burton And South Derbyshire College | Further Education | Good | 1.19 KM |
Images
Nearby Streets
| Name | Average Price | Average Sqft | Distance |
|---|---|---|---|
| Saint Peters Court | £ 0 | 0 | 0.00 KM |
| Windsor Drive | £ 0 | 0 | 0.00 KM |
| Elms Road | £ 195,000 | 0 | 0.00 KM |
| The Dingle | £ 0 | 0 | 0.00 KM |
| Heritage Way | £ 265,000 | 0 | 0.00 KM |
Nearby Transport
| Name | NLC | TLC | Distance |
|---|---|---|---|
| Burton-On-Trent | 1658 | BUT | 2.59 KM |
| Willington | 1905 | WIL | 8.91 KM |
Nearby Listings
| Address | Price | Type | Score | Distance |
|---|---|---|---|---|
| House & Annex Malvern Street, Stapenhill | £ 495,000 | BUY | 6 / 10 | 0.00 KM |
| Spring Terrace Road, Stapenhill, Burton-on-Trent, DE15 | £ 375,000 | BUY | 6 / 10 | 0.06 KM |
| Spring Terrace Road, Burton-on-Trent, DE15 | £ 310,000 | BUY | 7 / 10 | 0.10 KM |
| Spring Terrace Road, Stapenhill, Burton-on-Trent, DE15 | £ 310,000 | BUY | 8 / 10 | 0.10 KM |
| Clay Street, Burton-on-Trent, Staffordshire, DE15 | £ 695,000 | BUY | Unknown | 0.11 KM |
Nearby Properties
| Address | Price | Distance |
|---|---|---|
| 83 Spring Terrace Road | £ 82,500 | 0.10 KM |
| 8 Spring Terrace Road | £ 160,000 | 0.10 KM |
| 74 Spring Terrace Road | £ 174,000 | 0.10 KM |
| 45 Spring Terrace Road | £ 155,000 | 0.10 KM |
| 66 Spring Terrace Road | £ 166,000 | 0.10 KM |