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 %
- Average area rental value
- 1,132.00 £/moIncreased by 0.35 %
- Est rental Yield
- 4.11 %Decreased by 12.55 %
- Crime Rate
- 13.00 %Unchanged by 0.00 %
Agent Activity
Howkins & Harrison Incorporating Andrew Johnson marked this listing as sold.
Howkins & Harrison Incorporating Andrew Johnson created the listing.
Nearby Schools
| Name | Type | Ofsted | Distance |
|---|---|---|---|
| Stanton Under Bardon Community Primary School | Academy Converter | Good | 1.55 KM |
| South Charnwood High School | Academy Converter | Good | 2.82 KM |
| Warren Hills Sure Start Children'S Centre | Children's Centre | 3.04 KM | |
| Warren Hills Community Primary School | Community School | Good | 3.04 KM |
| The Castle Rock School | Academy Converter | Good | 3.19 KM |
Images
Nearby Listings
| Address | Price | Type | Score | Distance |
|---|---|---|---|---|
| Shaw Lane, Markfield, LE67 | £ 475,000 | BUY | 6 / 10 | 0.00 KM |
| Shaw Lane, Markfield, LE67 | £ 475,000 | BUY | Unknown | 0.01 KM |
| Shaw Lane, Markfield, Leicestershire, LE67 9PW | £ 175,000 | BUY | 7 / 10 | 0.02 KM |
| Shaw Lane, Markfield, LE67 9PW | £ 164,950 | BUY | 7 / 10 | 0.02 KM |
| Shaw Lane, Markfield | £ 170,000 | BUY | 7 / 10 | 0.08 KM |
Nearby Properties
| Address | Price | Distance |
|---|---|---|
| 225 Shaw Lane | £ 80,000 | 0.01 KM |
| 229 Shaw Lane | £ 36,000 | 0.01 KM |
| 231 Shaw Lane | £ 109,000 | 0.01 KM |
| 159 Shaw Lane | £ 168,000 | 0.01 KM |
| 197 Shaw Lane | £ 155,000 | 0.01 KM |