Development Opportunity, Willenhall
AL

Development Opportunity, Willenhall

By Allen Heritage

£ 260,000

Reviews

2 out of 5 stars

Allen Heritage says ..

Approval Granted for a residential development of six dwellings.

Property Oracle says ..

This listing presents a development opportunity in Willenhall, Walsall, West Midlands. The site is located on Coltham Road and is earmarked for the construction of six dwellings, according to planning approvals. The location offers proximity to local schools (including outstanding-rated primary schools) and transportation links. Nearby properties range in price, reflecting the variety of housing stock in the area. However, the listing itself provides minimal details about the plot, like exact size, ground conditions, and associated costs, potentially making it difficult to get accurate valuations without further investigation. Additional information, such as detailed planning permission documents and projected costs for construction, marketing, and sales, would significantly improve the evaluation process. Furthermore, understanding the local market dynamics, including local house prices and demand for new housing in the area, would impact a more comprehensive evaluation.

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
1
Location
7
Land
4
Bedrooms
0
Bathrooms
0
Sqft (est)
678.13

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
310,000.00 £
Increased by 33.77 %
from 231,742.00 £
Est sale value
177,670.06 £
Increased by 40.11 %
from 126,810.31 £
Average area rental value
1,150.00 £/mo
Increased by 21.31 %
from 948.00 £/mo
Est letting value
0.00 £/mo
from 0.00 £/mo
Est rental Yield
4.45 %
Decreased by 9.37 %
from 4.91 %
Crime Rate
5.00 %
Unchanged by 0.00 %
from 5.00 %

Agent Activity

  • Allen Heritage marked this listing as sold.

  • Allen Heritage created the listing.

Nearby Schools

NameTypeOfstedDistance
Woodlands Academy Of LearningAcademy ConverterGood0.34 KM
Lane Head Nursery SchoolLocal Authority Nursery SchoolOutstanding0.62 KM
New Invention Junior SchoolCommunity SchoolOutstanding0.72 KM
New Invention Infant SchoolCommunity SchoolOutstanding0.72 KM
Beacon Primary SchoolCommunity SchoolGood0.94 KM

Images

Ariel View Plots 1-3 Plots 4-6

Nearby Streets

NameAverage PriceAverage SqftDistance
Drancey Avenue £ 000.00 KM
Bradgate Close £ 000.00 KM
Leacroft £ 165,00000.00 KM
Lane Head Close £ 190,00000.00 KM
Lucknow Road £ 000.00 KM

Nearby Transport

NameNLCTLCDistance
Bloxwich North1018BWN2.85 KM
Bloxwich1141BLX2.92 KM
Landywood1017LAW5.77 KM
Walsall1216WSL6.11 KM
Bescot Stadium1003BSC6.88 KM

Nearby Listings

AddressPriceTypeScoreDistance
Willenhall, Walsall £ 250,000BUY5 / 100.00 KM
Development Opportunity, Willenhall £ 260,000BUY4 / 100.00 KM
Coltham Road, Willenhall, West Midlands, WV12 £ 165,000BUY7 / 100.06 KM
Coltham Road, Willenhall, WV12 £ 170,000BUY6 / 100.07 KM
Walkers Fold, WILLENHALL, West Midlands, WV12 £ 180,000BUY7 / 100.18 KM

Nearby Properties

AddressPriceDistance
96 Coltham Road £ 79,0000.06 KM
95 Coltham Road £ 125,0000.06 KM
108 Coltham Road £ 75,0000.06 KM
87 Coltham Road £ 95,0000.06 KM
106 Coltham Road £ 145,0000.06 KM