Flint & Co says ..
******LAND WITH FULL PLANNING FOR A THREE BEDROOM DETACHED BUNGALOW AND TWO, TWO BEDROOM APARTMENTS . *****TOWN CENTRE LOCATION*****IDEAL INVESTMENT***** *****MUST BE VIEWED TO APPRECIATE DEVELOPMENT OPPORTUNITY ON OFFER****** ...
Property Oracle says ..
This property on Hednesford Road in Cannock, Staffordshire, presents a unique opportunity for buyers seeking a renovation project. The listing highlights its proximity to Cannock town centre, providing easy access to various amenities and transport links. The nearby presence of Cannock Chase High School, with a ‘Good’ Ofsted rating, is an appealing factor for families. However, a significant drawback is the property’s current state of disrepair. The photographs reveal a neglected plot with overgrown vegetation and what appears to be accumulated waste or debris. This is quite a concerning factor and would require significant investment for improvement. The absence of a finished structure, given the 0 bedrooms and bathrooms, further suggests the need for substantial renovation. The plot size is substantial; however, it’s undeveloped and unkempt, and would need considerable work to create a usable garden or outdoor space. In terms of value, the list price needs to be evaluated against the extensive renovation works needed. While it has a good location and development potential, it’s vital for potential buyers to factor in the high cost of renovation and the time commitment involved before making an offer.
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
- 6
- Condition
- 3
- Location
- 7
- Land
- 4
- Bedrooms
- 0
- Bathrooms
- 0
- Sqft (est)
- 753.47
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
- 248,333.00 £Increased by 7.04 %
- Est sale value
- 216,245.89 £Increased by 21.10 %
- Average area rental value
- 1,050.00 £/moIncreased by 20.55 %
- Est letting value
- 753.47 £/mo
- Est rental Yield
- 5.07 %Increased by 12.42 %
- Crime Rate
- 16.00 %Unchanged by 0.00 %
Agent Activity
Flint & Co created the listing.
Nearby Schools
| Name | Type | Ofsted | Distance |
|---|---|---|---|
| Cannock Chase High School | Academy Converter | Good | 0.36 KM |
| Cannock Chase Children'S Centre | Children's Centre | 0.77 KM | |
| Sherbrook Primary School | Community Special School | Good | 0.90 KM |
| St Mary'S Catholic Primary School | Voluntary Aided School | Good | 1.00 KM |
| Chase Grammar School | Other Independent School | 1.07 KM |
Images
Nearby Streets
| Name | Average Price | Average Sqft | Distance |
|---|---|---|---|
| Lichfield Road | £ 309,950 | 0 | 0.00 KM |
| Ringway | £ 97,500 | 0 | 0.00 KM |
| Railway Street | £ 0 | 0 | 0.00 KM |
| Market Place | £ 0 | 0 | 0.00 KM |
| Short Street | £ 300,000 | 0 | 0.00 KM |
Nearby Transport
| Name | NLC | TLC | Distance |
|---|---|---|---|
| Cannock | 1016 | CAO | 0.55 KM |
| Hednesford | 1148 | HNF | 3.15 KM |
| Landywood | 1017 | LAW | 3.85 KM |
| Bloxwich North | 1018 | BWN | 7.32 KM |
| Bloxwich | 1141 | BLX | 8.20 KM |
Nearby Listings
| Address | Price | Type | Score | Distance |
|---|---|---|---|---|
| Hednesford Road, Cannock | £ 150,000 | BUY | 5 / 10 | 0.00 KM |
| Hednesford Road, Cannock | £ 170,000 | BUY | 5 / 10 | 0.02 KM |
| Hednesford Road, Cannock | £ 250,000 | BUY | Unknown | 0.04 KM |
| Hednesford Road, Cannock | £ 180,000 | BUY | 6 / 10 | 0.04 KM |
| Woottons Court, Stoneycroft, Cannock | £ 140,000 | BUY | 6 / 10 | 0.13 KM |
Nearby Properties
| Address | Price | Distance |
|---|---|---|
| Windwood | £ 112,000 | 0.04 KM |
| 86a Hednesford Road | £ 125,000 | 0.04 KM |
| 111 Hednesford Road | £ 109,950 | 0.04 KM |
| 101 Hednesford Road | £ 180,000 | 0.04 KM |
| 107 Hednesford Road | £ 36,500 | 0.04 KM |