Cockshut Lane, Melbourne, Derby
AS

Cockshut Lane, Melbourne, Derby

By Ashley Adams

£ 1,200,000

Reviews

3 out of 5 stars

Ashley Adams says ..

Development opportunity with planning permission re DMPA/2024/0773 currently offers Olive Lodge which is a timber frame barn conversion with planning permission for change of use to a residential home & two log cabins which have outline planning permission to demolish & erect approx 3000sq ft home.

Property Oracle says ..

This property is a modern barn conversion located in the village of Melbourne, Derbyshire. The property presents as a high quality conversion with excellent interior fittings. The images suggest a modern, well-presented interior, with features like exposed wooden beams, modern kitchen and bathrooms, and comfortable living spaces. The property appears well-maintained, although an in-person inspection is always recommended to confirm the condition fully. The external areas present as well kept with defined garden areas and paved spaces. The property’s proximity to well-regarded primary schools is a significant advantage for families. However, it is important to consider that the plot size is modest, and the price per square foot is considerably high in comparison to others in the area. The absence of detailed plot size information makes accurate pricing comparisons complex. Buyers should undertake thorough due diligence to assess whether the asking price aligns with their expectations, considering the limited land. The property’s appeal lies in its modern conversion, high-quality finishes, and desirable village setting, but the price point is a key factor to consider.

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
8
Location
7
Land
4
Bedrooms
6
Bathrooms
5
Sqft (est)
910.00

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
359,983.00 £
Increased by 4.26 %
from 345,268.00 £
Est sale value
333,970.00 £
Increased by 15.05 %
from 290,290.00 £
Average area rental value
1,493.00 £/mo
Increased by 43.83 %
from 1,038.00 £/mo
Est letting value
910.00 £/mo
from 0.00 £/mo
Est rental Yield
4.98 %
Increased by 37.95 %
from 3.61 %
Crime Rate
3.00 %
Unchanged by 0.00 %
from 3.00 %

Agent Activity

  • Ashley Adams created the listing.

Nearby Schools

NameTypeOfstedDistance
Melbourne Junior SchoolCommunity SchoolGood2.16 KM
Melbourne Infant SchoolCommunity SchoolOutstanding2.27 KM
Dame Catherine Harpur'S SchoolOther Independent SchoolGood3.75 KM
Chellaston Fields Spencer AcademyFree Schools4.64 KM
Chellaston AcademyAcademy Converter5.05 KM

Images

Nearby Streets

NameAverage PriceAverage SqftDistance
Riding Bank £ 975,00000.00 KM
The Pingle £ 000.00 KM
Windsor Avenue £ 000.00 KM
Woodlands Close £ 000.00 KM

Nearby Transport

NameNLCTLCDistance
Peartree1687PEA9.01 KM

Nearby Listings

AddressPriceTypeScoreDistance
Cockshut Lane, Melbourne, Derby £ 1,200,000BUY6 / 100.00 KM
Cockshut Lane, Melbourne, Derby £ 450,000BUY5 / 100.01 KM
Cockshut Lane, Melbourne, DERBY £ 750,000BUY6 / 100.01 KM
Robinsons Hill, Melbourne, DE73 £ 500,000BUYUnknown0.58 KM
Robinsons Hill, Melbourne, Derby £ 1,200,000BUYUnknown0.58 KM

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