Station Road, March
By haart
£ 650,000
Reviews
2 out of 5 stars
haart says ..
Are you an Investor? Looking for your next project? Look no further, this is a wonderful Investment opportunity subject to planning! Found in March across from the main line train station, this two storey former hotel in need of extensive work has plenty of potential on offer
Property Oracle says ..
This property, a former hotel located opposite March train station, presents a compelling yet challenging investment opportunity. Its prime location offers easy access to transportation, shops, and schools, making it attractive for redevelopment. However, the images reveal a property in clear disrepair. The building’s exterior and the overgrown yard signal a significant need for renovation. Internal photographs reveal clutter and neglect. While the seven bedrooms and three bathrooms suggest substantial potential, the absence of square footage data makes valuation difficult. The list price of £650,000 seems ambitious, given the extensive work needed. The potential return on investment is high if the property is successfully renovated, but prospective buyers must be prepared for substantial upfront costs and potential planning hurdles. A comprehensive survey, cost analysis of repairs, and securing necessary planning permissions are paramount before proceeding with a purchase.
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
- 7
- Bathrooms
- 3
The heatmap indicates the level of crime in the area. The color of the heatmap indicates the crime severity and recency.
Metrics YoY
- Area value
- 100 £
- Rental value
- 20 £
- Rental Yield
- 20 %
- Crime Rate
- 580 %
Agent Activity
haart created the listing.
Nearby Schools
Name | Type | Ofsted | Distance |
---|---|---|---|
All Saints Interchurch Academy | Academy Converter | Good | 0.47 KM |
Westwood Primary School | Academy Converter | 1.44 KM | |
Burrowmoor Primary School | Academy Converter | Requires improvement | 1.70 KM |
Cavalry Primary School | Academy Converter | Good | 1.99 KM |
March Child And Family Centre | Children's Centre | 2.08 KM |
Images
Nearby Streets
Name | Average Price | Average Sqft | Distance |
---|---|---|---|
Station Approach | £ 650,000 | 0 | 0.00 KM |
Thornton Road | £ 150,000 | 0 | 0.00 KM |
Norwood Avenue | £ 365,000 | 0 | 0.00 KM |
The Laurels | £ 320,000 | 0 | 0.00 KM |
Norwood Crescent | £ 200,000 | 0 | 0.00 KM |
Nearby Transport
Name | NLC | TLC | Distance |
---|---|---|---|
March | 7166 | MCH | 0.14 KM |
Nearby Listings
Address | Price | Type | Score | Distance |
---|---|---|---|---|
Station Road, March | £ 650,000 | BUY | 5 / 10 | 0.00 KM |
Queens Street, March | £ 405,000 | BUY | 7 / 10 | 0.16 KM |
Queens Street, March | £ 155,000 | BUY | Unknown | 0.16 KM |
Peterhouse Crescent, March | £ 140,000 | BUY | 4 / 10 | 0.20 KM |
Peterhouse Crescent, March | £ 180,000 | BUY | Unknown | 0.22 KM |
Nearby Properties
Address | Price | Distance |
---|---|---|
206 Station Road | £ 173,000 | 0.09 KM |
205 Station Road | £ 88,000 | 0.09 KM |
198 Station Road | £ 141,000 | 0.09 KM |
190 Station Road | £ 255,000 | 0.09 KM |
199 Station Road | £ 185,000 | 0.09 KM |