Potential Redevelopment Opportunity , Uttoxeter Old Road, Derby, Derbyshire
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Potential Redevelopment Opportunity , Uttoxeter Old Road, Derby, Derbyshire

By Innes England Ltd

£ 1

Reviews

2 out of 5 stars

Innes England Ltd says ..

The site extends to 0.93 acres (0.377 ha) and comprises three office buildings totaling 21,207 sq ft with 64 parking spaces. Outline planning was granted on the 26th April 2024 under application 22/00342/OUT for the demolition of three office buildings and residential development of up to 89 apa...

Property Oracle says ..

This property, located on Uttoxeter Old Road in Derby, presents a potential redevelopment opportunity. Currently, it appears to be an office building with a large parking area. The location offers proximity to local amenities and schools in Mackworth, although it’s not centrally located. The condition seems reasonable, but some modernization may be required. The lack of a garden or significant land is a drawback for residential use. However, the low list price compared to the area’s average could make it an appealing investment for redevelopment.

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
7
Condition
5
Location
5
Land
3
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
200,000.00 £
Increased by 1.02 %
from 197,971.00 £
Average area rental value
674.00 £/mo
Decreased by 6.91 %
from 724.00 £/mo
Est rental Yield
4.04 %
Decreased by 7.97 %
from 4.39 %
Crime Rate
5.00 %
Unchanged by 0.00 %
from 5.00 %

Agent Activity

  • Innes England Ltd created the listing.

Nearby Schools

NameTypeOfstedDistance
Ashgate Nursery SchoolLocal Authority Nursery SchoolGood0.14 KM
Derby Cathedral SchoolFree Schools0.21 KM
Jasmine Hall SchoolOther Independent Special School0.24 KM
Ashgate Primary SchoolCommunity SchoolGood0.39 KM
Whitecross Nursery SchoolLocal Authority Nursery SchoolOutstanding0.77 KM

Images

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Nearby Streets

NameAverage PriceAverage SqftDistance
Stepping Close £ 000.00 KM
Saint John's Terrace £ 000.00 KM
Noel Street £ 000.00 KM
Boundary Road £ 140,00000.00 KM
Freehold Street £ 175,00000.00 KM

Nearby Transport

NameNLCTLCDistance
Derby1823DBY3.40 KM
Peartree1687PEA3.69 KM
Duffield1691DFI7.27 KM
Spondon1699SPO9.17 KM

Nearby Listings

AddressPriceTypeScoreDistance
Potential Redevelopment Opportunity , Uttoxeter Old Road, Derby, Derbyshire £ 1BUY5 / 100.00 KM
Stepping Lane, Derby £ 185,000BUY6 / 100.10 KM
Uttoxeter Old Road, Derby, DE1 £ 175,000BUY6 / 100.14 KM
Slater Avenue, Derby £ 255,000BUY6 / 100.15 KM
Slater Avenue, Off Ashbourne Road, Derby £ 260,000BUY7 / 100.15 KM

Nearby Properties

AddressPriceDistance
17 Sims Avenue £ 129,9500.11 KM
14 Sims Avenue £ 30,5000.12 KM
40 Stepping Lane £ 57,5000.13 KM
56 Stepping Lane £ 121,0000.13 KM
58 Stepping Lane £ 110,0000.13 KM