Highfields Bungalow, Cockshut Lane, Melbourne, Derby
Bagshaws logo

Highfields Bungalow, Cockshut Lane, Melbourne, Derby

By Bagshaws

£ 575,000

Reviews

3 out of 5 stars

Bagshaws says ..

Being situated in a highly desirable location, the property includes a light and spacious bungalow, useful garage and workshop together with gardens, orchard and adjoining paddock. The property extends to 3.52 acres (1.423 hectares). Please note that the occupation of the dwel...

Property Oracle says ..

Highfields Bungalow presents a compelling proposition for buyers seeking a spacious property in a sought-after rural location. The bungalow’s four bedrooms and one bathroom offer comfortable living space. Images show a kitchen and bathroom which seem somewhat dated but functional, suggesting that the buyer would likely want to consider some renovations to bring these areas up to date. However, these are minor issues compared to the significant benefit of the extensive grounds including gardens, an orchard, and what appears to be a sizable paddock. This makes it a rare find in the area. The proximity to good schools in Melbourne is another major plus point for families. Access to transportation may prove more challenging given the distance to Peartree station, which is approximately 8.63 km away, a distance requiring car use. The lack of detail regarding square footage and a precise valuation of the land in terms of price-per-square-foot make it difficult to definitively comment on the property’s overall value without additional information; However, its desirable attributes compensate for some of the possible shortcomings. The property would be ideal for individuals or families seeking a large property with ample outdoor space in a serene, semi-rural setting. The property’s considerable acreage provides potential for future development, subject to the usual planning consents, though this is not something confirmed by the current data.

Therefore, we give this property 7 / 10. *Disclaimer: This is our option and does constitute a recommendation or financial advice. Do your own research. *

Price
7
Condition
6
Location
7
Land
9
Bedrooms
4
Bathrooms
1
Sqft (est)
534.75

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
359,983.00 £
Increased by 4.26 %
from 345,268.00 £
Est sale value
196,253.25 £
Increased by 15.05 %
from 170,585.25 £
Average area rental value
1,493.00 £/mo
Increased by 43.83 %
from 1,038.00 £/mo
Est letting value
534.75 £/mo
from 0.00 £/mo
Est rental Yield
4.98 %
Increased by 37.95 %
from 3.61 %
Crime Rate
0.00 %
from 0.00 %

Agent Activity

  • Bagshaws marked this listing as sold.

  • Bagshaws created the listing.

Nearby Schools

NameTypeOfstedDistance
Melbourne Junior SchoolCommunity SchoolGood2.10 KM
Melbourne Infant SchoolCommunity SchoolOutstanding2.20 KM
Dame Catherine Harpur'S SchoolOther Independent SchoolGood3.84 KM
Chellaston Fields Spencer AcademyFree Schools4.26 KM
Chellaston AcademyAcademy Converter4.67 KM

Images

RAH_2715.JPG RAH_2706.JPG RAH_2659.JPG RAH_2629.JPG RAH_2716.JPG RAH_2668.JPG RAH_2717.JPG RAH_2669.JPG RAH_2676.JPG RAH_2680.JPG RAH_2670.JPG RAH_2663.JPG RAH_2626.JPG RAH_2631.JPG RAH_2636.JPG RAH_2648.JPG RAH_2651 B.jpg RAH_2745.JPG RAH_2714.JPG RAH_2617.JPG RAH_2687.JPG RAH_2713.JPG RAH_2661.JPG RAH_2701.JPG RAH_2651.JPG RAH_2630.JPG RAH_2633.JPG RAH_2644.JPG

Nearby Streets

NameAverage PriceAverage SqftDistance
Riding Bank £ 975,00000.00 KM
The Pingle £ 000.00 KM
Windsor Avenue £ 000.00 KM
Woodlands Close £ 000.00 KM
A514 £ 000.00 KM

Nearby Transport

NameNLCTLCDistance
Peartree1687PEA8.63 KM

Nearby Listings

AddressPriceTypeScoreDistance
Cockshut Lane, Melbourne, Derby £ 450,000BUY5 / 100.39 KM
Cockshut Lane, Melbourne, DERBY £ 750,000BUY6 / 100.39 KM
Cockshut Lane, Melbourne, Derby £ 1,200,000BUY6 / 100.40 KM
Cockshut Lane, Melbourne, Derby £ 625,000BUYUnknown0.71 KM
Robinsons Hill, Melbourne, DE73 £ 500,000BUYUnknown0.80 KM

Nearby Properties

AddressPriceDistance
Fairview £ 650,0000.80 KM
Shaw House £ 620,0000.80 KM
Hightrees £ 985,0000.80 KM
Shaw Croft £ 422,5000.80 KM
4 Hope Street £ 162,0000.90 KM