Morley Lane, Stanley, Ilkeston
EV

Morley Lane, Stanley, Ilkeston

By Everington & Ruddle

£ 1,200,000

Reviews

3 out of 5 stars

Everington & Ruddle says ..

*** SEE FLY OVER VIDEO *** This impressive detached house set in approximately 2.36 acres, seamlessly combines family living with income potential, featuring stabling, two garages, and two separate annexes currently used as holiday rentals. Extensively renovated and extended, the property is styl...

Property Oracle says ..

The property is a large family home situated in Stanley, Derbyshire. The location benefits from being within a short distance of St Andrew’s Cofe Primary School (rated ‘Good’ by Ofsted), and other schools are also within a reasonable commute. While specific amenities like shops and transportation links aren’t detailed, the proximity to Ilkeston suggests access to these services. The rural setting offers a tranquil atmosphere, though this might mean a longer commute to larger towns or cities.

The property appears to be in excellent condition. The photos show a recently renovated or newly built home with modern fixtures, fittings, and a high standard of finish throughout. There is evidence of significant investment in the property, resulting in a high-quality living space.

The property includes a substantial garden and land, as shown in the aerial photographs, exceeding the average plot size for the area. This adds significant value and appeal, especially for families or those seeking outdoor space.

Considering the list price of £1,200,000, the average house price in the area is £320,049 and the average price per sqft is £327. This property is significantly above the average price. However, given its size (940 sqft), excellent condition, substantial land, and desirable location, the asking price may be justifiable. The lack of sqft data for comparable properties makes a precise price comparison difficult. However, nearby properties with similar characteristics, such as Bridge Cottage, command significantly higher prices, suggesting the list price might be within the range of expectation for a property of this quality and size in this location. Further investigation into comparable properties with similar land sizes would be beneficial to fully assess the value.

Therefore, we give this property 7 / 10. *Disclaimer: This is our option and does constitute a recommendation or financial advice. Do your own research. *

Price
7
Condition
9
Location
7
Land
8
Bedrooms
6
Bathrooms
3
Sqft (est)
940.00

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
612,990.00 £
Increased by 34.87 %
from 454,500.00 £
Est sale value
645,780.00 £
Increased by 6.84 %
from 604,420.00 £
Average area rental value
5,000.00 £/mo
Increased by 110.61 %
from 2,374.00 £/mo
Est letting value
4,700.00 £/mo
Increased by 66.67 %
from 2,820.00 £/mo
Est rental Yield
9.79 %
Increased by 56.14 %
from 6.27 %
Crime Rate
6.00 %
Unchanged by 0.00 %
from 6.00 %

Agent Activity

  • Everington & Ruddle created the listing.

Nearby Schools

NameTypeOfstedDistance
St Andrew'S Cofe Primary SchoolVoluntary Controlled SchoolGood0.68 KM
Stanley Common Cofe Primary SchoolVoluntary Controlled SchoolGood1.68 KM
Scargill Cofe (Aided) Primary SchoolAcademy Sponsor Led2.45 KM
Morley Primary SchoolCommunity SchoolOutstanding3.48 KM
Mapperley Cofe Controlled Primary SchoolVoluntary Controlled SchoolGood4.11 KM

Images

Photo 14 Photo 15 Photo 8 Photo 13 Photo 16 Photo 14 Photo 34 Photo 1 Photo 30 Photo 33 Photo 31 Photo 29 Photo 32 Photo 18 Photo 6 Photo 35 Photo 9 Photo 20 Photo 21 Photo 25 Photo 24 Photo 23 Photo 22 Photo 5 Photo 19 Photo 7 Photo 10 Photo 11 Photo 16 Photo 15 Photo 17 Photo 27 Photo 28 Photo 26 Photo 35 Photo 36 Photo 37 Photo 38 Photo 39 Photo 40

Nearby Streets

NameAverage PriceAverage SqftDistance
Auburn Close £ 000.00 KM
The Ropewalk £ 000.00 KM

Nearby Transport

NameNLCTLCDistance
Spondon1699SPO6.21 KM
Langley Mill1761LGM8.60 KM

Nearby Listings

AddressPriceTypeScoreDistance
Morley Lane, Stanley, Derbyshire £ 750,000BUY7 / 100.04 KM
Morley Lane, Stanley, Derbyshire £ 575,000BUY8 / 100.06 KM
Morley Lane, Stanley, Ilkeston, DE7 £ 625,000BUY7 / 100.37 KM
Morley Lane, Ilkeston, DE7 £ 900,000BUY7 / 100.40 KM
Derby Road, Stanley, Ilkeston, Derbyshire, DE7 £ 315,000BUY7 / 100.63 KM

Nearby Properties

AddressPriceDistance
30 Morley Lane £ 560,0000.01 KM
1 Morley Lane £ 174,9500.01 KM
12 Morley Lane £ 156,7500.01 KM
14 Morley Lane £ 178,0000.01 KM
124 Morley Lane £ 51,0000.01 KM