House & Annex Malvern Street, Stapenhill
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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 %
from 311,967.00 £
Est sale value
370,791.93 £
Decreased by 42.45 %
from 644,283.85 £
Average area rental value
1,150.00 £/mo
Increased by 58.62 %
from 725.00 £/mo
Est letting value
0.00 £/mo
from 0.00 £/mo
Est rental Yield
5.31 %
Increased by 90.32 %
from 2.79 %
Crime Rate
3.00 %
Unchanged by 0.00 %
from 3.00 %

Agent Activity

  • John German created the listing.

Nearby Schools

NameTypeOfstedDistance
The Violet Way AcademyAcademy ConverterOutstanding0.76 KM
Paulet High SchoolAcademy Converter0.98 KM
Edge Hill AcademyAcademy Converter1.08 KM
Holy Rosary Catholic Voluntary AcademyAcademy Sponsor Led1.10 KM
Burton And South Derbyshire CollegeFurther EducationGood1.19 KM

Images

Nearby Streets

NameAverage PriceAverage SqftDistance
Saint Peters Court £ 000.00 KM
Windsor Drive £ 000.00 KM
Elms Road £ 195,00000.00 KM
The Dingle £ 000.00 KM
Heritage Way £ 265,00000.00 KM

Nearby Transport

NameNLCTLCDistance
Burton-On-Trent1658BUT2.59 KM
Willington1905WIL8.91 KM

Nearby Listings

AddressPriceTypeScoreDistance
House & Annex Malvern Street, Stapenhill £ 495,000BUY6 / 100.00 KM
Spring Terrace Road, Stapenhill, Burton-on-Trent, DE15 £ 375,000BUY6 / 100.06 KM
Spring Terrace Road, Burton-on-Trent, DE15 £ 310,000BUY7 / 100.10 KM
Spring Terrace Road, Stapenhill, Burton-on-Trent, DE15 £ 310,000BUY8 / 100.10 KM
Clay Street, Burton-on-Trent, Staffordshire, DE15 £ 695,000BUYUnknown0.11 KM

Nearby Properties

AddressPriceDistance
83 Spring Terrace Road £ 82,5000.10 KM
8 Spring Terrace Road £ 160,0000.10 KM
74 Spring Terrace Road £ 174,0000.10 KM
45 Spring Terrace Road £ 155,0000.10 KM
66 Spring Terrace Road £ 166,0000.10 KM