Maynard Estates says ..
OUTLINE PLANNING PERMISSION GRANTED for the erection of a LARGE DETACHED PROPERTY. Currently a block of 13 individual garage/storage units in place that have previously been let out with a potential annual yield of over £15,000.00. POTENTIAL TO INCREASE TO MULTIPLE DWELLINGS OR ALTERNATIVE USES ...
Property Oracle says ..
This listing presents a row of garages located on High Street in Ibstock, Leicestershire. The property’s location is advantageous due to its proximity to several well-regarded schools, making it potentially attractive to families. However, the lack of specified information regarding the size of the garages and the plot of land, as well as the absence of details on nearby amenities and transportation, limits a full assessment of the location’s desirability. The garages themselves appear to be in fair condition, but show signs of age and wear. Some cosmetic repairs or renovations would likely be needed to improve their overall state. The small land area associated with the property is a notable limitation. The listing price of £140,000 requires further scrutiny, as the absence of square footage data and the comparison with residential properties on the same street makes it difficult to determine if it represents good value. More information is needed on the size, potential uses, and market comparisons for similar commercial properties in the area to establish if this is a competitive price. Overall, the property presents a unique opportunity, but a comprehensive evaluation is hindered by the lack of detailed information.
Therefore, we give this property 4 / 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
- 2
- Bedrooms
- 0
- Bathrooms
- 0
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
- 213,846.00 £Decreased by 19.52 %
- Average area rental value
- 797.00 £/moIncreased by 0.63 %
- Est rental Yield
- 4.47 %Increased by 24.86 %
- Crime Rate
- 21.00 %Unchanged by 0.00 %
Agent Activity
Maynard Estates created the listing.
Nearby Schools
| Name | Type | Ofsted | Distance |
|---|---|---|---|
| St Denys Church Of England Infant School, Ibstock | Voluntary Controlled School | Good | 0.40 KM |
| Ibstock Junior School | Community School | Good | 0.41 KM |
| Ibstock Sure Start Children'S Centre | Children's Centre | 0.44 KM | |
| Ibstock Community College | Academy Converter | Good | 0.44 KM |
| Heather Primary School | Community School | Good | 2.73 KM |
Images
Nearby Streets
| Name | Average Price | Average Sqft | Distance |
|---|---|---|---|
| Melbourne Park | £ 0 | 0 | 0.00 KM |
| High Street | £ 202,500 | 0 | 0.00 KM |
| Saint Denys' Crescent | £ 180,000 | 0 | 0.00 KM |
| Central Avenue | £ 0 | 0 | 0.00 KM |
| Hawthorne Drive | £ 0 | 0 | 0.00 KM |
Nearby Listings
| Address | Price | Type | Score | Distance |
|---|---|---|---|---|
| High Street, Ibstock | £ 315,000 | BUY | Unknown | 0.00 KM |
| High Street, Ibstock | £ 90,000 | BUY | Unknown | 0.12 KM |
| High Street, Ibstock | £ 90,000 | BUY | Unknown | 0.12 KM |
| High Street, Ibstock, LE67 | £ 265,000 | BUY | 6 / 10 | 0.13 KM |
| Gladstone Street, Ibstock, LE67 | £ 130,000 | BUY | 7 / 10 | 0.14 KM |
Nearby Properties
| Address | Price | Distance |
|---|---|---|
| 104b High Street | £ 70,000 | 0.10 KM |
| 111b High Street | £ 90,000 | 0.10 KM |
| 108b High Street | £ 55,500 | 0.10 KM |
| 110b High Street | £ 51,000 | 0.10 KM |
| 110a High Street | £ 59,000 | 0.12 KM |