Lillington Road, Leamington Spa
PE

Lillington Road, Leamington Spa

By Peter Clarke & Co

£ 3,500,000

Reviews

2 out of 5 stars

Peter Clarke & Co says ..

A RESIDENTIAL DEVELOPMENT OPPORTUNITY

Property Oracle says ..

This property presents a unique investment opportunity in the desirable Leamington Spa area. The listing describes it as a ‘residential development opportunity,’ indicating its potential for significant redevelopment. The current structure appears from aerial views to be a large, multi-unit building, possibly requiring extensive renovation or demolition and rebuilding. The large plot size offers considerable development potential. The surrounding area benefits from good transport links to Leamington Spa and other towns. There is a selection of nearby schools, with Ofsted ratings ranging from ‘Good’ to ‘Requires Improvement,’ offering a variety of education options for potential future residents. However, without specifics on planning permission, buildable area, and construction costs, accurately assessing its value is difficult. The listed price of £3,500,000 is high, however, given the size of the land and the potential development opportunities, it may be justified. Further investigation into planning regulations and market analysis of similar development projects in Leamington Spa is necessary to determine the true market value. The lack of information on bedrooms, bathrooms, and total square footage also limits a full and accurate assessment of the property.

Therefore, we give this property 5 / 10. Disclamer: This is our opition and does constitute a recommendation or financial advice. Do your own research.

Price
6
Condition
4
Location
7
Land
6
Bedrooms
0
Bathrooms
0

Metrics

Area value Growth
71,897
Increased by 12%
from 70,946
Rental Yield Growth
24.57%
Decreased by 4.05%
from 28.62%

Agent Activity

  • Peter Clarke & Co created the listing.

Nearby Schools

NameTypeOfstedDistance
North Leamington SchoolAcademy ConverterGood0.66 KM
Lillington Primary SchoolAcademy Sponsor Led0.95 KM
Arnold Lodge SchoolOther Independent School0.99 KM
The Kingsley SchoolOther Independent School1.37 KM
Telford Junior SchoolCommunity SchoolRequires improvement1.41 KM

Images

AERIAL-3.jpg AERIAL-1.jpg Brochure_Proposed Site Plan.jpg Brochure_Proposed Ground Floor Plan.jpg Brochure_Proposed First Floor Plan.jpg Brochure_Proposed Second Floor Plan.jpg

Nearby Streets

NameAverage PriceAverage SqftDistance
Robina Close £ 000.00 KM
Hall Road £ 625,00000.00 KM
Meadow Close £ 000.00 KM
Grove Street £ 900,00000.00 KM
Riverside £ 189,95000.00 KM

Nearby Transport

NameNLCTLCDistance
Leamington Spa4597LMS2.25 KM
Warwick4600WRW6.05 KM
Kenilworth7985KNW6.42 KM
Warwick Parkway8530WRP9.29 KM

Nearby Listings

AddressPriceScoreDistance
Lillington Road, Leamington Spa £ 3,500,0005 / 100.00 KM
Lillington Road, Leamington Spa £ 240,000Unknown0.04 KM
Lillington Road, Nth Leamington Spa, Double Carport £ 585,0006 / 100.15 KM
Lillington Road, Leamington Spa £ 290,0005 / 100.22 KM
Lillington Road, Leamington Spa £ 750,000Unknown0.30 KM

Nearby Properties

AddressPriceDistance
67 Lillington Road £ 950,0000.09 KM
73 Lillington Road £ 499,0000.09 KM
65 Lillington Road £ 1,170,0000.09 KM
80 Lillington Road £ 725,0000.18 KM
90 Lillington Road £ 662,5000.18 KM