Land At Lower Somercotes, Somecotes, Alfreton, DE55
MA

Land At Lower Somercotes, Somecotes, Alfreton, DE55

By MATHER JAMIE LIMITED

£ 1

Reviews

3 out of 5 stars

MATHER JAMIE LIMITED says ..

Mather Jamie are instructed to market a development opportunity for 99 dwellings in Somercotes. The Site benefits from Outline Planning Permission (AVA/2018/0668) granted on appeal (APP/M1005/W/20/3248700 - 26.10.2020) for 99 dwellings with associated landscaping and recreational open space. A Re...

Property Oracle says ..

This property listing presents a significant development opportunity in Somercotes, Derbyshire. The listing is for a large parcel of land with outline planning permission for 99 dwellings. The site’s location offers reasonable access to transportation via the nearby Alfreton train station and several schools within a short distance, making it potentially attractive for residential development. The aerial photographs reveal an undeveloped plot of land that appears to be in good condition, suitable for construction. The sheer size of the land makes it a highly valuable asset for a developer. However, the listed price of £1 is exceptionally low and requires further clarification, possibly due to the listed price representing a deposit or other financial element rather than the outright price. To provide a full and accurate evaluation, access to detailed plans and the full financial requirements would be needed to accurately assess its overall worth and feasibility.

Therefore, we give this property 6 / 10. *Disclaimer: This is our option and does constitute a recommendation or financial advice. Do your own research. *

Price
1
Condition
8
Location
7
Land
9
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
186,250.00 £
Increased by 14.36 %
from 162,856.00 £
Average area rental value
1,095.00 £/mo
Increased by 39.67 %
from 784.00 £/mo
Est rental Yield
7.06 %
Increased by 22.15 %
from 5.78 %
Crime Rate
5.00 %
Unchanged by 0.00 %
from 5.00 %

Agent Activity

  • MATHER JAMIE LIMITED created the listing.

Nearby Schools

NameTypeOfstedDistance
Riddings Junior SchoolAcademy Converter0.95 KM
Riddings Infant And Nursery SchoolCommunity SchoolGood1.31 KM
Ironville Children'S CentreChildren's Centre1.41 KM
Ironville And Codnor Primary SchoolAcademy Sponsor Led1.42 KM
Somerlea Park Junior SchoolAcademy Sponsor Led1.54 KM

Images

Photo 1 Photo 2 Photo 3

Nearby Streets

NameAverage PriceAverage SqftDistance
Cornmill Drive £ 95,62500.00 KM
Spencer Drive £ 000.00 KM
Everest Drive £ 120,00000.00 KM
Parkside £ 135,00000.00 KM
Mount Pleasant £ 120,00000.00 KM

Nearby Transport

NameNLCTLCDistance
Alfreton1805ALF3.31 KM
Langley Mill1761LGM6.80 KM

Nearby Listings

AddressPriceTypeScoreDistance
Land At Lower Somercotes, Somecotes, Alfreton, DE55 £ 1BUY6 / 100.00 KM
567 Lower Somercotes, Somercotes, Alfreton, DE55 4NS £ 40,000BUYUnknown0.16 KM
567, Lower Somercotes,, Derbyshire,, DE55 4NS £ 29,000BUY5 / 100.16 KM
Lower Somercotes, Somercotes, Alfreton £ 50,000BUY4 / 100.23 KM
567 Lower Somercotes, Derbyshire, DE55 £ 35,000BUY5 / 100.29 KM

Nearby Properties

AddressPriceDistance
15 Norman Road £ 175,0000.22 KM
7 Norman Road £ 179,9500.22 KM
35 Norman Road £ 187,0000.22 KM
380 Lower Somercotes £ 155,0000.24 KM
392 Lower Somercotes £ 81,0000.24 KM