Love Lane, Wem, Shrewsbury
MO

Love Lane, Wem, Shrewsbury

By Monks Estate & Letting Agents

£ 290,000

Reviews

2 out of 5 stars

Monks Estate & Letting Agents says ..

*** DEVELOPMENT SITE - OUTLINE PLANNING FOR 3 DETACHED *** A unique opportunity to purchase this development site with the benefit of Outline Planning Consent for the construction of 3 detached homes. Occupying an enviable position on the edge of this popular North Shropshire ma...

Property Oracle says ..

This property is a plot of land with a building in need of significant renovation, located in Wem, Shropshire. While the location offers proximity to schools and transportation, the condition of the existing structure is poor. The price reflects the need for renovation and potential development opportunity. The plot offers a reasonable amount of land. The listing suggests potential for development, as it’s listed as a plot, which could increase its value.

Therefore, we give this property 5 / 10. *Disclaimer: This is our option and does constitute a recommendation or financial advice. Do your own research. *

Price
7
Condition
2
Location
5
Land
6
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
338,325.00 £
Increased by 5.64 %
from 320,255.00 £
Average area rental value
738.00 £/mo
Increased by 28.57 %
from 574.00 £/mo
Est rental Yield
2.62 %
Increased by 21.86 %
from 2.15 %
Crime Rate
0.00 %
from 0.00 %

Agent Activity

  • Monks Estate & Letting Agents created the listing.

Nearby Schools

NameTypeOfstedDistance
Wem Children'S Centre Delivery PointChildren's Centre Linked Site0.50 KM
St Peter'S Cofe Primary SchoolAcademy Converter0.55 KM
The Thomas Adams SchoolAcademy Converter0.94 KM
Woodlands SchoolAcademy Special Sponsor Led2.93 KM
Access SchoolOther Independent Special SchoolRequires improvement5.50 KM

Images

CAM01520G0-PR0276-STILL001.jpg CAM01520G0-PR0276-STILL002.jpg CAM01520G0-PR0276-STILL003.jpg Site plan.JPG

Nearby Streets

NameAverage PriceAverage SqftDistance
Landona Cottages £ 000.00 KM
Love Lane £ 369,99800.00 KM
Whitchurch Road £ 495,00000.00 KM
The Paddock £ 459,95000.00 KM
Westlands £ 399,99500.00 KM

Nearby Transport

NameNLCTLCDistance
Wem1347WEM0.89 KM
Prees1346PRS5.41 KM
Yorton1351YRT6.23 KM

Nearby Listings

AddressPriceTypeScoreDistance
Love Lane, Wem, Shrewsbury £ 290,000BUY5 / 100.00 KM
Landona Cottages, Love Lane, Wem £ 399,995BUYUnknown0.12 KM
Bazeley Way, Wem £ 550,000BUYUnknown0.19 KM
Barnfield Avenue, Wem £ 290,000BUY7 / 100.25 KM
Sycamore Drive, Whitchurch Road, Wem, Shrewsbury £ 585,000BUY7 / 100.30 KM

Nearby Properties

AddressPriceDistance
9 Bazeley Way £ 365,0000.14 KM
1 Bazeley Way £ 297,5000.19 KM
6 Bazeley Way £ 310,0000.19 KM
8 Foxleigh Drive £ 60,0000.25 KM
Foxleigh House £ 527,5000.25 KM