Melton Road, Burton on the Wolds, LE12
FI

Melton Road, Burton on the Wolds, LE12

By Fine & Country

£ 350,000

Reviews

2 out of 5 stars

Fine & Country says ..

PLOT FOR SALE A unique opportunity to purchase an outstanding building plot with outline planning permission for a substantial detached residential house offering over 3,500 sq ft of accommodation and sitting within 0.34 acre plot

Property Oracle says ..

This listing presents a unique opportunity to purchase a building plot in Burton on the Wolds, Leicestershire. The plot comes with outline planning permission for a substantial detached house offering over 3,500 sq ft of accommodation. The location is highly desirable, being within close proximity to well-regarded schools and having relatively easy access to transportation links to nearby towns. The substantial 0.34-acre plot is a major selling point, offering significant potential for a large and luxurious family home. The listing price seems reasonable given the location, plot size, and potential for a custom build home however, without detailed architectural plans or information on finishes or construction materials, it is difficult to determine whether it represents exceptional value. The lack of visual confirmation on the existing structure’s state heavily limits the overall assessment. Buyers should carefully review the planning permission and engage relevant professionals to assess construction costs before making a purchasing decision. Given the current lack of physical property images, the purchase is essentially a land purchase with planning permission.

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
5
Bathrooms
3
Sqft (est)
1,399.31

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
607,500.00 £
Increased by 4.15 %
from 583,319.00 £
Est sale value
1,264,976.24 £
Increased by 164.33 %
from 478,564.02 £
Average area rental value
1,328.00 £/mo
Decreased by 13.15 %
from 1,529.00 £/mo
Est letting value
1,399.31 £/mo
from 0.00 £/mo
Est rental Yield
2.62 %
Decreased by 16.83 %
from 3.15 %
Crime Rate
0.00 %
from 0.00 %

Agent Activity

  • Fine & Country created the listing.

Nearby Schools

NameTypeOfstedDistance
Burton-On-The-Wolds Primary SchoolCommunity SchoolOutstanding1.09 KM
Wymeswold Church Of England Primary SchoolVoluntary Controlled SchoolGood2.62 KM
Barrow Hall Orchard Church Of England Primary SchoolAcademy ConverterGood4.56 KM
Humphrey Perkins SchoolAcademy ConverterGood4.77 KM
Quorn Hall SchoolOther Independent Special SchoolOutstanding5.01 KM

Images

Nearby Streets

NameAverage PriceAverage SqftDistance
Grange Drive £ 350,00000.00 KM
Ridge Close £ 000.00 KM
Field Avenue £ 000.00 KM
The Willows £ 000.00 KM
Six Hills Road £ 000.00 KM

Nearby Transport

NameNLCTLCDistance
Barrow-Upon-Soar1903BWS4.80 KM
Sileby1902SIL6.15 KM
Loughborough1897LBO8.27 KM

Nearby Listings

AddressPriceTypeScoreDistance
Melton Road, Burton on the Wolds, LE12 £ 350,000BUY5 / 100.00 KM
Grange Drive, Burton On The Wolds, LE12 £ 514,950BUY8 / 100.05 KM
Burton-On-The-Wolds, Loughborough £ 399,995BUY7 / 100.12 KM
Sowters Lane, Loughborough, LE12 £ 325,000BUY7 / 100.15 KM
Sowters Lane, Loughborough, LE12 £ 325,000BUY8 / 100.15 KM

Nearby Properties

AddressPriceDistance
4 Seals Close £ 125,0000.24 KM
15 St Andrews Close £ 305,0000.27 KM
1 St Andrews Close £ 310,0000.27 KM
6 St Andrews Close £ 440,0000.27 KM
7 St Andrews Close £ 270,0000.27 KM