Far Street, Wymeswold, Loughborough
BE

Far Street, Wymeswold, Loughborough

By Bentons

£ 550,000

Reviews

3 out of 5 stars

Bentons says ..

A prime residential development site lying in the most sought after village of Wymeswold. Benefitting from full planning permission for the erection of three dwellings to the rear of 5 Far Street, Wymeswold, LE12 6TZ. The main site extends to 0.68 acres (0.27 hectares) with further access road ...

Property Oracle says ..

This listing is for a development site in Wymeswold, Leicestershire, currently under construction or newly built. The site has planning permission for the construction of three dwellings, suggesting significant potential return on investment for developers or those seeking to build multiple units. The architectural renderings showcase a contemporary style with a mix of brick and wood cladding, indicating a modern design. The property features what appears to be a spacious layout with ample natural light, a sizable kitchen, open-plan living area and multiple bedrooms. The development’s location in the desirable village of Wymeswold offers a tranquil setting, enhanced by its proximity to a well-regarded primary school. The access to additional railway stations like Loughborough, Sileby, and Barrow-Upon-Soar, although slightly distant, still provides convenient transportation options.

However, several aspects should be considered. The absence of a detailed square footage for the completed structure prevents a precise assessment of value per square foot. Similarly, the lack of information on building specifications and additional costs could influence the overall financial viability. The site’s relative isolation necessitates car ownership for commuting to larger towns and cities. Potential buyers should meticulously examine the planning permission, building regulations, and complete cost estimates before proceeding.

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
7
Condition
8
Location
7
Land
4
Bedrooms
0
Bathrooms
0
Sqft (est)
1,023.76

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
925,479.04 £
Increased by 164.33 %
from 350,125.92 £
Average area rental value
1,328.00 £/mo
Decreased by 13.15 %
from 1,529.00 £/mo
Est letting value
1,023.76 £/mo
from 0.00 £/mo
Est rental Yield
2.62 %
Decreased by 16.83 %
from 3.15 %
Crime Rate
29.00 %
Unchanged by 0.00 %
from 29.00 %

Agent Activity

  • Bentons marked this listing as sold.

  • Bentons created the listing.

Nearby Schools

NameTypeOfstedDistance
Wymeswold Church Of England Primary SchoolVoluntary Controlled SchoolGood0.75 KM
Burton-On-The-Wolds Primary SchoolCommunity SchoolOutstanding3.58 KM
Costock Cofe Primary SchoolVoluntary Controlled SchoolGood5.32 KM
Willoughby Primary SchoolCommunity SchoolOutstanding5.87 KM
Bunny Cofe Primary SchoolVoluntary Controlled SchoolGood6.58 KM

Images

Picture No. 47 Cgi Image Cgi Image Cgi Image Cgi Image Cgi Image Cgi Image Plot 1 and 2 Access Cgi Image Cgi Image Plan

Nearby Streets

NameAverage PriceAverage SqftDistance
Manor Court £ 000.00 KM

Nearby Transport

NameNLCTLCDistance
Barrow-Upon-Soar1903BWS7.47 KM
Sileby1902SIL8.46 KM
Loughborough1897LBO9.89 KM

Nearby Listings

AddressPriceTypeScoreDistance
Far Street, Wymeswold, Loughborough £ 550,000BUY6 / 100.00 KM
Storkit Lane, Loughborough £ 450,000BUY7 / 100.12 KM
Far Street, Wymeswold, Loughborough £ 650,000BUYUnknown0.16 KM
Alford Way, Wymeswold £ 79,950BUY8 / 100.24 KM
Far Street, Wymeswold, Loughborough, Leicestershire, LE12 £ 475,000BUY5 / 100.30 KM

Nearby Properties

AddressPriceDistance
5 Far Street £ 425,0000.27 KM
41 Far Street £ 230,0000.27 KM
14 Far Street £ 327,5000.27 KM
4 Far Street £ 380,0000.27 KM
33 Far Street £ 179,0000.27 KM