Williams Estates says ..
Available for long term let also. £1,250.00 pcm. This property spans three floors, with the ground floor previously serving as a banking hall. The upper floors, once used for ancillary storage, offer potential for residential conversion, subject to planning approval. Denbigh, a...
Property Oracle says ..
This property, situated on the High Street in Denbigh, presents a unique opportunity for renovation and conversion. Currently listed at £190,000, the three-story building previously served as a banking hall and ancillary storage. The listing explicitly mentions the need for planning approval for any residential conversion. The images reveal that the property requires substantial refurbishment. Interior spaces show damaged ceilings, exposed wiring, and a general need for modernization and cleaning. The property offers a considerable amount of space, which could prove attractive to developers. The location on the High Street provides immediate access to local shops and businesses in Denbigh’s town centre. There is also proximity to schools and attractions like Denbigh Castle. The absence of information regarding nearby public transport will affect accessibility for those reliant on public services. The rear of the property features a small yard, not really constituting a substantial garden, limiting the outdoor space. Overall, this is a high-potential property, however it’s crucial for prospective buyers to factor in the substantial costs associated with renovation and potential planning hurdles before making an offer. This could be a lucrative investment for those with the resources and expertise to undertake a large-scale renovation project, but it’s not a move-in-ready property.
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
- 1
- Bedrooms
- 0
- Bathrooms
- 0
- Sqft (est)
- 3,891.15
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
- 326,418.00 £Decreased by 0.78 %
- Est sale value
- 1,299,644.10 £Increased by 1.52 %
- Average area rental value
- 1,459.00 £/moIncreased by 29.46 %
- Est letting value
- 3,891.15 £/moUnchanged by 0.00 %
- Est rental Yield
- 5.36 %Increased by 30.41 %
- Crime Rate
- 97.00 %Unchanged by 0.00 %
Agent Activity
Williams Estates created the listing.
Nearby Schools
| Name | Type | Ofsted | Distance |
|---|---|---|---|
| Denbigh High School | Welsh Establishment | 1.33 KM | |
| Ysgol Twm O'R Nant | Welsh Establishment | 1.40 KM | |
| Ysgol Frongoch | Welsh Establishment | 1.46 KM | |
| Ysgol Y Parc Infants | Welsh Establishment | 1.59 KM | |
| Ysgol Plas Brondyffryn | Welsh Establishment | 2.10 KM |
Images
Nearby Streets
| Name | Average Price | Average Sqft | Distance |
|---|---|---|---|
| Highgate | £ 0 | 0 | 0.00 KM |
| High Street | £ 0 | 0 | 0.00 KM |
| Denbigh Town Walls | £ 0 | 0 | 0.00 KM |
| Tower Hill | £ 90,000 | 0 | 0.00 KM |
| Portland Place | £ 74,999 | 0 | 0.00 KM |
Nearby Listings
| Address | Price | Type | Score | Distance |
|---|---|---|---|---|
| Broomhill Lane, Denbigh | £ 275,000 | BUY | 5 / 10 | 0.05 KM |
| Factory Place, Denbigh | £ 95,000 | BUY | Unknown | 0.10 KM |
| Leicester Terrace, Denbigh | £ 135,000 | BUY | Unknown | 0.10 KM |
| Castle Hill, Denbigh | £ 90,000 | BUY | 5 / 10 | 0.10 KM |
| Hennessey Terrace, Bridge Street, Denbigh | £ 78,500 | BUY | Unknown | 0.11 KM |
Nearby Properties
| Address | Price | Distance |
|---|---|---|
| The Old Stables | £ 138,500 | 0.07 KM |
| 27 - 29 High Street | £ 70,000 | 0.09 KM |
| 7 Highgate | £ 125,000 | 0.10 KM |
| 10 Highgate | £ 55,000 | 0.10 KM |
| 4 Temple Bar Square | £ 75,000 | 0.10 KM |