Commerce Street, Melbourne, DE73 8FT
By Melbourne Sales & Lets
£ 185,000
Reviews
3 out of 5 stars
Melbourne Sales & Lets says ..
A lovely character cottage with many original features including beamed ceilings and latch doors. Located in the sort after market town of Melbourne. Realistically priced for an early sale! Ideal for a first time buyer or buy to let investor. Gas centrally heated and double ...
Property Oracle says ..
This one-bedroom terraced house in Melbourne, Derbyshire, presents a potentially attractive proposition for first-time buyers or investors. Located on Commerce Street, it benefits from being close to highly-rated primary schools, Melbourne Junior and Infant School. The property shows evidence of modernisation, particularly in the kitchen and bathroom, which appear to be recently updated. The exposed beams add a touch of character and charm. The small, but well-maintained, rear garden provides a private outdoor space. The lack of precise square footage data for comparable properties makes it challenging to definitively assess the price per square foot, but the asking price seems to be in line with the general market value for similar properties in the area. While the property is in good condition, potential buyers should undertake a thorough survey to assess its structural integrity and identify any potential maintenance issues. The proximity to Peartree train station offers a reasonable commuting option, adding to the property’s overall appeal. Overall, this property represents a solid investment opportunity in a desirable location, subject to the usual property purchase due diligence.
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
- 7
- Location
- 7
- Land
- 4
- Bedrooms
- 1
- Bathrooms
- 1
- Sqft (est)
- 461.99
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
- 336,779.00 £Decreased by 3.20 %
- Est sale value
- 141,830.93 £Decreased by 18.57 %
- Average area rental value
- 1,349.00 £/moIncreased by 26.31 %
- Est letting value
- 461.99 £/moUnchanged by 0.00 %
- Est rental Yield
- 4.81 %Increased by 30.71 %
- Crime Rate
- 16.00 %Unchanged by 0.00 %
Agent Activity
Melbourne Sales & Lets created the listing.
Nearby Schools
Name | Type | Ofsted | Distance |
---|---|---|---|
Melbourne Junior School | Community School | Good | 0.94 KM |
Melbourne Infant School | Community School | Outstanding | 1.06 KM |
Chellaston Fields Spencer Academy | Free Schools | 4.19 KM | |
St Hardulph'S Church Of England Primary School | Voluntary Controlled School | Good | 4.52 KM |
Weston-On-Trent Cofe (Va) Primary School | Voluntary Aided School | Good | 4.68 KM |
Images
Nearby Streets
Name | Average Price | Average Sqft | Distance |
---|---|---|---|
FP39 | £ 670,000 | 0 | 0.00 KM |
Riding Bank | £ 975,000 | 0 | 0.00 KM |
Nearby Transport
Name | NLC | TLC | Distance |
---|---|---|---|
Peartree | 1687 | PEA | 9.17 KM |
Nearby Listings
Address | Price | Type | Score | Distance |
---|---|---|---|---|
Commerce Street, Melbourne, DE73 8FT | £ 185,000 | BUY | 6 / 10 | 0.00 KM |
George Street, Melbourne, DE73 | £ 295,000 | BUY | 6 / 10 | 0.11 KM |
Commerce Street, Melbourne, Derby | £ 795,000 | BUY | Unknown | 0.14 KM |
Commerce Street, Melbourne, Derby | £ 950,000 | BUY | Unknown | 0.14 KM |
Commerce Street, Melbourne, Derby | £ 845,000 | BUY | Unknown | 0.14 KM |
Nearby Properties
Address | Price | Distance |
---|---|---|
8 George Street | £ 220,000 | 0.11 KM |
11 George Street | £ 212,500 | 0.11 KM |
10 George Street | £ 190,000 | 0.11 KM |
6 George Street | £ 285,000 | 0.11 KM |
1 George Street | £ 320,000 | 0.11 KM |