Shaw Lane, Markfield, LE67
HO

Shaw Lane, Markfield, LE67

By Howkins & Harrison Incorporating Andrew Johnson

£ 475,000

Reviews

3 out of 5 stars

Howkins & Harrison Incorporating Andrew Johnson says ..

193 Shaw Lane offers the opportunity to purchase a 4-plot development site as well as a 3-bedroom detached property in need of significant refurbishment. The total site area is 1.50 acres, as shown edged red on the sales plan.

Property Oracle says ..

This property at Shaw Lane, Markfield, presents a unique opportunity for a buyer with vision and renovation expertise. The three-bedroom house is in need of substantial modernisation, as evidenced by the exterior photos; expect significant costs for repairs and updates. However, the property’s true value lies in its expansive grounds. The listing advertises the potential for development of a 4-plot site in addition to the existing house, which could prove lucrative.

The location in Markfield, Leicestershire is generally positive. The presence of good-rated schools within a reasonable radius makes it an attractive area for families. The lack of immediate access to transport is a consideration; however, the overall appeal of village life is likely to outweigh this for many buyers.

The inclusion of a large plot of land adds considerable appeal, with potential for substantial future value if development plans are successful. While purchasing this property requires a significant financial commitment and a willingness to undertake a major renovation project, those aiming for development-led investment or who are keen to renovate a property in a desirable rural location may find this an attractive proposition.

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
7
Condition
4
Location
6
Land
8
Bedrooms
3
Bathrooms
1

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
330,704.00 £
Increased by 14.80 %
from 288,066.00 £
Average area rental value
1,132.00 £/mo
Increased by 0.35 %
from 1,128.00 £/mo
Est rental Yield
4.11 %
Decreased by 12.55 %
from 4.70 %
Crime Rate
13.00 %
Unchanged by 0.00 %
from 13.00 %

Agent Activity

  • Howkins & Harrison Incorporating Andrew Johnson marked this listing as sold.

  • Howkins & Harrison Incorporating Andrew Johnson created the listing.

Nearby Schools

NameTypeOfstedDistance
Stanton Under Bardon Community Primary SchoolAcademy ConverterGood1.55 KM
South Charnwood High SchoolAcademy ConverterGood2.82 KM
Warren Hills Sure Start Children'S CentreChildren's Centre3.04 KM
Warren Hills Community Primary SchoolCommunity SchoolGood3.04 KM
The Castle Rock SchoolAcademy ConverterGood3.19 KM

Images

193 Shaw Lane, Markfield 193 Shaw Lane, Markfield 193 Shaw Lane, Markfield 193 Shaw Lane, Markfield 193 Shaw Lane, Markfield 193 Shaw Lane, Markfield 193 Shaw Lane, Markfield 193 Shaw Lane, Markfield 193 Shaw Lane, Markfield 193 Shaw Lane, Markfield Site layout, 193 Shaw Lane, Markfield 193 Shaw Lane, Markfield 193 Shaw Lane, Markfield 193 Shaw Lane, Markfield

Nearby Listings

AddressPriceTypeScoreDistance
Shaw Lane, Markfield, LE67 £ 475,000BUY6 / 100.00 KM
Shaw Lane, Markfield, LE67 £ 475,000BUYUnknown0.01 KM
Shaw Lane, Markfield, Leicestershire, LE67 9PW £ 175,000BUY7 / 100.02 KM
Shaw Lane, Markfield, LE67 9PW £ 164,950BUY7 / 100.02 KM
Shaw Lane, Markfield £ 170,000BUY7 / 100.08 KM

Nearby Properties

AddressPriceDistance
225 Shaw Lane £ 80,0000.01 KM
229 Shaw Lane £ 36,0000.01 KM
231 Shaw Lane £ 109,0000.01 KM
159 Shaw Lane £ 168,0000.01 KM
197 Shaw Lane £ 155,0000.01 KM