Newland Street, Coleford
KJT Residential logo

Newland Street, Coleford

By KJT Residential

£ 470,000

Reviews

2 out of 5 stars

KJT Residential says ..

A rare opportunity for an imaginative developer/retailer to acquire this historic Grade 2 listed property featuring further development potential; comprising of a three story lockup shop (formally x2 period town houses).It also includes a large single and two storey outbuildings to the rear and side which offers accommodation for production/ storage, and a yard featuring circa 10 vehicle spaces with access of Newland St.Being situated just outside the town centre, it gives the property fantastic opportunities with regards to local amenities and passing trade. As a town, Coleford is becoming increasingly popular due to its close proximity to the Forest of Dean, Wye Valley and greater travel networks.NOTE: The property should be considered for redevelopment to include 2x2/3bedroom terraced town houses, a detached 3 bedroom house and circa x6 flats with car parking to the rear (subject to obtaining planning consent).Architect plans can be provided on request for a proposed site layout. SCHEDULE OF FLOOR AREA all measurements are approximateTOTAL Gross Internal………..5398SFT/501M2PRICE£499,950 (OFFERS INVITED) price quoted is exclusive of VAT whether charged or not.SERVICESMains are understood to be available. All interested parties will make their own enquiries. TENUREOffered Freehold by vacant possession..TOWN PLANNINGAll parties make their own enquiries.RATESUBR by application to the FDDC – (tel: ).LEGAL COSTSBoth parties will bear their own legal costs.VIEWINGBy prior appointment with Dominic W R Hill - Kjt Commercial, Cinderford

Property Oracle says ..

This property is a 5 bedroom, 2 bathroom house located on Newland Street in Coleford, Gloucestershire. The property is listed at £470,000. The average house price in the area is £250,983, with an average price per sqft of £255. The property appears to be in need of significant renovation, as evidenced by the photos provided. The exterior shows signs of disrepair and neglect, and the rear of the property shows significant clutter and debris. The property does benefit from a sizable plot of land to the rear. However, given the condition of the property and the lack of information regarding the square footage, it is difficult to definitively assess the value for money. More information is needed to give a full and complete analysis.

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
4
Condition
3
Location
6
Land
7
Bedrooms
5
Bathrooms
2

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
268,125.00 £
Increased by 15.58 %
from 231,978.00 £
Average area rental value
1,044.00 £/mo
Increased by 5.56 %
from 989.00 £/mo
Est rental Yield
4.67 %
Decreased by 8.79 %
from 5.12 %
Crime Rate
73.00 %
Unchanged by 0.00 %
from 73.00 %

Agent Activity

  • KJT Residential created the listing.

Nearby Schools

NameTypeOfstedDistance
The Family Tree Children'S Centre (Leaves)Children's Centre0.43 KM
St John'S C Of E AcademyAcademy Converter0.54 KM
Coalway Junior SchoolCommunity SchoolGood2.07 KM
Coalway Community Infant SchoolCommunity SchoolOutstanding2.07 KM
Five Acres High SchoolAcademy Sponsor Led2.08 KM

Images

Photo 10 Photo 11 Photo 8 Photo 8 Photo 7 Photo 9 Photo 13 Photo 12

Nearby Streets

NameAverage PriceAverage SqftDistance
Phoenix Court £ 000.00 KM
Bowen's Hill £ 000.00 KM
Battle Close £ 298,75000.00 KM
Southfield Road £ 410,00000.00 KM
Vicarage Court £ 000.00 KM

Nearby Listings

AddressPriceTypeScoreDistance
Newland Street, Coleford £ 470,000BUY5 / 100.00 KM
Newland Street, Coleford £ 230,000BUYUnknown0.02 KM
Newland Street, Coleford £ 350,000BUY5 / 100.02 KM
Newland Street, Coleford £ 350,000BUYUnknown0.04 KM
Boxbush Road, Coleford £ 470,000BUYUnknown0.13 KM

Nearby Properties

AddressPriceDistance
16 Newland Street £ 155,0000.00 KM
20 Newland Street £ 239,9500.00 KM
6 - 8 Newland Street £ 240,0000.00 KM
19 Boxbush Road £ 230,0000.13 KM
22 Boxbush Road £ 129,9500.13 KM