High Street, Cleobury Mortimer, DY14
NE

High Street, Cleobury Mortimer, DY14

By Newman Property Experts

£ 300,000

Reviews

3 out of 5 stars

Newman Property Experts says ..

A freehold residential development site of almost half an acre, accessed off the High Street with a brook running across the rear boundary. Permission In Principle granted for up to 3 dwellings

Property Oracle says ..

This property presents a unique opportunity in Cleobury Mortimer, Shropshire. The site comprises a plot of land with a building that requires considerable renovation. The land area is substantial, offering significant potential. The listing mentions that planning permission has been granted for up to 3 dwellings, suggesting a viable development project. This will be a major factor influencing the overall value. However, significant investment will be needed. The High Street location provides convenient access to local amenities and schools, a positive attribute for potential buyers seeking a renovation project with development potential. More information on the internal layout, including the number of bedrooms and bathrooms, precise square footage and the overall condition of the structure beyond superficial observations is crucial for a full valuation. The absence of such data limits a definitive assessment of market value and the property’s overall appeal. The existing structure, from the image, appears to be a brick building potentially in need of repair. The lack of nearby public transportation data is a factor to consider depending on the buyer’s needs. The presence of two nearby schools with positive Ofsted ratings can be viewed as a favorable aspect, enhancing its appeal to families.

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
6
Condition
4
Location
7
Land
8
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
243,278.00 £
Decreased by 3.15 %
from 251,196.00 £
Average area rental value
1,186.00 £/mo
Increased by 12.42 %
from 1,055.00 £/mo
Est rental Yield
5.85 %
Increased by 16.07 %
from 5.04 %
Crime Rate
107.00 %
Unchanged by 0.00 %
from 107.00 %

Agent Activity

  • Newman Property Experts created the listing.

Nearby Schools

NameTypeOfstedDistance
The Lacon Childe SchoolAcademy ConverterGood0.36 KM
Cleobury Mortimer Primary SchoolAcademy ConverterGood0.36 KM
Bayton Cofe Primary SchoolVoluntary Controlled SchoolOutstanding4.20 KM
Lindridge St Lawrence Ce Primary SchoolVoluntary Aided SchoolRequires improvement6.71 KM
Stottesdon Cofe Primary SchoolAcademy Converter7.11 KM

Images

Nearby Streets

NameAverage PriceAverage SqftDistance
Stanbury Place £ 000.00 KM
College Close £ 000.00 KM
Barkers Lane £ 230,00000.00 KM
Bridgnorth Road £ 000.00 KM

Nearby Listings

AddressPriceTypeScoreDistance
High Street, Cleobury Mortimer, DY14 £ 300,000BUY6 / 100.00 KM
15B High Street, Cleobury Mortimer, Kidderminster DY14 8DG £ 250,000BUY5 / 100.03 KM
High Street, Cleobury Mortimer, DY14 £ 250,000BUY4 / 100.08 KM
High Street, Cleobury Mortimer, Kidderminster, Shropshire, DY14 £ 350,000BUY6 / 100.09 KM
High Street, Cleobury Mortimer, £ 200,000BUYUnknown0.10 KM

Nearby Properties

AddressPriceDistance
33 High Street £ 155,0000.09 KM
52 High Street £ 245,0000.09 KM
35 High Street £ 210,0000.09 KM
49 High Street £ 151,5000.09 KM
41 High Street £ 315,0000.09 KM