Land off Elbourne Drive, Scholar Green, Stoke-on-trent
SA

Land off Elbourne Drive, Scholar Green, Stoke-on-trent

By Savills

£ 1

Reviews

2 out of 5 stars

Savills says ..

A greenfield residential development opportunity with outline and reserved matters planning permission for the erection of 29 dwellings.

Property Oracle says ..

This listing presents a development opportunity rather than a ready-to-move-in property. It’s a plot of land situated off Elbourne Drive in Scholar Green, Cheshire East, with outline planning permission for 29 dwellings. The location offers a balance of village life and access to larger towns with amenities and railway connections, making it a reasonably attractive area. The proximity to Scholar Green Primary School is a potential positive for families. However, the significant aspect of the listing is the large land area and its potential for development. The absence of a completed house makes assessing condition impossible. The price, at 1, needs more context. Without an actual price, it is impossible to provide an informed judgment of its market value. Nearby property sales indicate a range of prices, reflecting different types of properties. The price quoted is considerably below the market value for even a single plot of building land in this area. A detailed financial analysis considering construction costs and the potential sale values of the resulting 29 dwellings would be necessary for accurate evaluation. In summary, the opportunity represents substantial potential but requires significant investment. Further investigation is required to determine financial viability and risk assessment.

Therefore, we give this property 4 / 10. *Disclaimer: This is our option and does constitute a recommendation or financial advice. Do your own research. *

Price
1
Condition
3
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
410,975.00 £
Increased by 3.60 %
from 396,684.00 £
Average area rental value
2,200.00 £/mo
Increased by 150.57 %
from 878.00 £/mo
Est rental Yield
6.42 %
Increased by 141.35 %
from 2.66 %
Crime Rate
2.00 %
Unchanged by 0.00 %
from 2.00 %

Agent Activity

  • Savills created the listing.

Nearby Schools

NameTypeOfstedDistance
Scholar Green Primary SchoolCommunity SchoolGood0.34 KM
Bluebell School LtdOther Independent Special SchoolOutstanding1.78 KM
Kidsgrove Primary SchoolAcademy Sponsor Led2.27 KM
Kidsgrove Secondary SchoolAcademy Converter2.27 KM
Maryhill Children'S CentreChildren's Centre Linked Site2.29 KM

Images

Nearby Streets

NameAverage PriceAverage SqftDistance
The Mount £ 328,00000.00 KM
Oak Drive £ 000.00 KM
Moss Lane £ 400,00000.00 KM
Stone Chair Lane £ 000.00 KM
Lime Kiln Lane £ 320,00000.00 KM

Nearby Transport

NameNLCTLCDistance
Kidsgrove1229KDG2.29 KM
Alsager1223ASG5.73 KM
Longport1305LPT8.07 KM
Congleton1227CNG8.45 KM

Nearby Listings

AddressPriceTypeScoreDistance
Elbourne Drive, Scholar Green £ 224,950BUY7 / 100.00 KM
Land off Elbourne Drive, Scholar Green, Stoke-on-trent £ 1BUY4 / 100.00 KM
Elbourne Drive, Scholar Green, Stoke-on-trent, Cheshire, ST7 3GA £ 235,000BUY7 / 100.03 KM
Elbourne Drive, Scholar Green £ 70,000BUY8 / 100.05 KM
Portland Drive, Scholar Green £ 745,000BUY7 / 100.08 KM

Nearby Properties

AddressPriceDistance
15 Elbourne Drive £ 140,0000.01 KM
21 Elbourne Drive £ 144,9950.01 KM
34 Elbourne Drive £ 320,0000.01 KM
32 Elbourne Drive £ 156,0000.01 KM
5 Portland Drive £ 188,0000.12 KM