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
- 71,897Increased by 12%
- Rental Yield Growth
- 24.57%Decreased by 4.05%
Agent Activity
Peter Clarke & Co created the listing.
Nearby Schools
Name | Type | Ofsted | Distance |
---|---|---|---|
North Leamington School | Academy Converter | Good | 0.66 KM |
Lillington Primary School | Academy Sponsor Led | 0.95 KM | |
Arnold Lodge School | Other Independent School | 0.99 KM | |
The Kingsley School | Other Independent School | 1.37 KM | |
Telford Junior School | Community School | Requires improvement | 1.41 KM |
Images
Nearby Streets
Name | Average Price | Average Sqft | Distance |
---|---|---|---|
Robina Close | £ 0 | 0 | 0.00 KM |
Hall Road | £ 625,000 | 0 | 0.00 KM |
Meadow Close | £ 0 | 0 | 0.00 KM |
Grove Street | £ 900,000 | 0 | 0.00 KM |
Riverside | £ 189,950 | 0 | 0.00 KM |
Nearby Transport
Name | NLC | TLC | Distance |
---|---|---|---|
Leamington Spa | 4597 | LMS | 2.25 KM |
Warwick | 4600 | WRW | 6.05 KM |
Kenilworth | 7985 | KNW | 6.42 KM |
Warwick Parkway | 8530 | WRP | 9.29 KM |
Nearby Listings
Address | Price | Score | Distance |
---|---|---|---|
Lillington Road, Leamington Spa | £ 3,500,000 | 5 / 10 | 0.00 KM |
Lillington Road, Leamington Spa | £ 240,000 | Unknown | 0.04 KM |
Lillington Road, Nth Leamington Spa, Double Carport | £ 585,000 | 6 / 10 | 0.15 KM |
Lillington Road, Leamington Spa | £ 290,000 | 5 / 10 | 0.22 KM |
Lillington Road, Leamington Spa | £ 750,000 | Unknown | 0.30 KM |
Nearby Properties
Address | Price | Distance |
---|---|---|
67 Lillington Road | £ 950,000 | 0.09 KM |
73 Lillington Road | £ 499,000 | 0.09 KM |
65 Lillington Road | £ 1,170,000 | 0.09 KM |
80 Lillington Road | £ 725,000 | 0.18 KM |
90 Lillington Road | £ 662,500 | 0.18 KM |