Building Plot East of Mount Pleasant Road, Shrewsbury, SY1 3BQ
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Building Plot East of Mount Pleasant Road, Shrewsbury, SY1 3BQ

By Zaza Johnson & Bath

£ 90,000

Reviews

2 out of 5 stars

Zaza Johnson & Bath says ..

Excellent opportunity to purchase this building plot with planning consent and approval of reserved matters for a detached 3 bedroom home located in the popular area of Mount Pleasant with many local amenities nearby. Application no: 21/00875/REM

Property Oracle says ..

This listing presents an opportunity to acquire a building plot in Shrewsbury’s Sundorne area. The plot already has planning permission for a three-bedroom detached house, eliminating the time and cost associated with obtaining consent. The location offers proximity to local schools rated ‘Good’ by Ofsted, and is within a reasonable distance of Shrewsbury town centre and the M54 motorway via the local bypass, boosting its appeal to families and commuters.

However, the current state of the land is essentially undeveloped. Photos indicate it is currently cleared but messy. The lack of specific plot measurements or details beyond the drawings could cause some uncertainty. While there is planning permission, potential buyers should still conduct thorough due diligence to verify all aspects of the planning permission before committing to the purchase. The price seems relatively reasonable considering the current market conditions and the advantage of having planning permission already secured. Overall, this represents a reasonable investment opportunity; however, interested parties should factor in the cost of construction and potential additional expenses, beyond the land purchase price, when assessing the viability of the project.

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
3
Location
7
Land
4
Bedrooms
0
Bathrooms
0
Sqft (est)
1,073.92

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
243,278.00 £
Decreased by 3.15 %
from 251,196.00 £
Est sale value
336,136.96 £
Increased by 28.81 %
from 260,962.56 £
Average area rental value
1,186.00 £/mo
Increased by 12.42 %
from 1,055.00 £/mo
Est letting value
1,073.92 £/mo
Unchanged by 0.00 %
from 1,073.92 £/mo
Est rental Yield
5.85 %
Increased by 16.07 %
from 5.04 %
Crime Rate
20.00 %
Unchanged by 0.00 %
from 20.00 %

Agent Activity

  • Zaza Johnson & Bath created the listing.

Nearby Schools

NameTypeOfstedDistance
Mount Pleasant PrimaryAcademy ConverterGood0.52 KM
The Martin Wilson SchoolFoundation SchoolGood0.79 KM
Shrewsbury Cathedral Catholic Primary School And NurseryVoluntary Aided SchoolGood0.84 KM
Grange Primary SchoolAcademy Sponsor Led1.17 KM
Greenfields Primary SchoolAcademy ConverterGood1.49 KM

Images

Photo 1 Photo 5 Photo 4 Photo 3 Photo 2

Nearby Streets

NameAverage PriceAverage SqftDistance
Mount Pleasant Road £ 160,00000.00 KM
Holyoake Close £ 290,00000.00 KM
Whitchurch Road £ 299,99500.00 KM
Spring Gardens £ 120,00000.00 KM
Horley Drive £ 250,00000.00 KM

Nearby Transport

NameNLCTLCDistance
Shrewsbury4387SHR2.05 KM
Yorton1351YRT9.17 KM

Nearby Listings

Nearby Properties

AddressPriceDistance
90 Old Heath £ 135,0000.03 KM
71 Old Heath £ 140,0000.03 KM
63 Old Heath £ 162,5000.03 KM
17 Mount Pleasant Road £ 134,0000.05 KM
25 Mount Pleasant Road £ 125,0000.05 KM