Land Adjacent To Rydal Manor, Kirby Lane, Melton Mowbray
By MATHER JAMIE LIMITED
£ 600,000
Reviews
3 out of 5 stars
MATHER JAMIE LIMITED says ..
Mather Jamie are delighted to bring to the market a development site situated on the edge of the market town of Melton Mowbray known for its heritage and links to the rural community. The site offers an excellent opportunity to build a desirable scheme of detached homes situated in the pleasant...
Property Oracle says ..
This listing presents a development opportunity for a plot of land adjacent to Rydal Manor in Melton Mowbray, Leicestershire. The property is marketed as a site for building detached homes. The location is described as being on the edge of Melton Mowbray, offering a blend of rural and town living. Nearby amenities include schools with varying Ofsted ratings, and Melton Mowbray railway station is relatively close. The land itself appears sizable based on the provided aerial photographs, suggesting potential for a substantial development project. The absence of specified square footage for both the plot and potential build limits a precise assessment of value per square foot. The £600,000 list price requires further investigation into planning permissions, build costs, and comparable land sales in the area to determine its reasonableness. The provided nearby property sales figures are not particularly helpful as they are for completed properties and the land for development is not in a built-up area. The lack of specifics regarding existing structures on the site, and their condition if present, and the absence of clear plot dimensions restrict a thorough property appraisal.
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
- 7
- Land
- 6
- Bedrooms
- 0
- Bathrooms
- 0
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
- 681,429.00 £Increased by 9.78 %
- Average area rental value
- 4,211.00 £/moIncreased by 103.92 %
- Est rental Yield
- 7.42 %Increased by 85.96 %
- Crime Rate
- 0.00 %
Agent Activity
MATHER JAMIE LIMITED created the listing.
Nearby Schools
| Name | Type | Ofsted | Distance |
|---|---|---|---|
| Long Field Spencer Academy | Academy Converter | Good | 1.25 KM |
| Swallowdale Primary School And Community Centre | Academy Converter | Requires improvement | 1.31 KM |
| Saint Francis Catholic Primary School | Academy Converter | 1.76 KM | |
| The Edge Sure Start Children'S Centre | Children's Centre | 1.84 KM | |
| The Grove Primary School | Academy Converter | Requires improvement | 2.02 KM |
Images
Nearby Streets
| Name | Average Price | Average Sqft | Distance |
|---|---|---|---|
| Davenport Close | £ 0 | 0 | 0.00 KM |
| Gilbey Close | £ 0 | 0 | 0.00 KM |
| Harrison Drive | £ 0 | 0 | 0.00 KM |
| Lander Close | £ 0 | 0 | 0.00 KM |
| Bailey Crescent | £ 0 | 0 | 0.00 KM |
Nearby Transport
| Name | NLC | TLC | Distance |
|---|---|---|---|
| Melton Mowbray | 1851 | MMO | 2.19 KM |
Nearby Listings
| Address | Price | Type | Score | Distance |
|---|---|---|---|---|
| Land Adjacent To Rydal Manor, Kirby Lane, Melton Mowbray | £ 600,000 | BUY | 6 / 10 | 0.00 KM |
| Kirby Lane, Melton Mowbray, Leicestershire, LE14 2TS | £ 349,995 | BUY | 7 / 10 | 0.01 KM |
| Kirby Lane, Melton Mowbray, Leicestershire, LE14 2TS | £ 264,995 | BUY | 7 / 10 | 0.01 KM |
| Kirby Lane, Melton Mowbray, Leicestershire, LE14 2TS | £ 304,995 | BUY | 7 / 10 | 0.01 KM |
| Kirby Lane, Melton Mowbray, Leicestershire, LE14 2TS | £ 224,995 | BUY | 8 / 10 | 0.01 KM |
Nearby Properties
| Address | Price | Distance |
|---|---|---|
| 4 Campion Place | £ 175,000 | 0.28 KM |
| 6 Campion Place | £ 160,000 | 0.29 KM |
| 12 Campion Place | £ 290,000 | 0.29 KM |
| 14 Campion Place | £ 249,950 | 0.29 KM |
| 10 Bluebell Row | £ 225,000 | 0.33 KM |