Hames Estates says ..
Unique opportunity to purchase a dwelling plot within Lochwinnoch, Renfrewshire. There is planning consent to develop the dwelling plot to a 2 storey 3 bedroom detached house.
Property Oracle says ..
This property in Lochwinnoch, Renfrewshire, presents a unique opportunity for potential buyers. The substantial land area makes it ideal for those seeking a project or development. The current structure, shown in the aerial and architectural drawings, appears dated, requiring extensive modernisation or complete redevelopment. The lack of details regarding the number of bedrooms is a key limitation in the assessment, as is the lack of internal photos of the existing property. The location offers access to public transportation via the nearby Lochwinnoch train station, but further information is needed concerning schools, shops, and other local amenities. The listed price of £125,000 reflects the need for significant investment, but also allows for potential future development. The absence of nearby property specifics makes a comprehensive comparison challenging. The surrounding area seems tranquil with access to open spaces. Further investigation of the local market and a thorough property survey are crucial before making a purchase decision. The large plot is attractive, but without a clear understanding of the condition of existing buildings, and what will need to be done to make it habitable, there is limited assurance of the property’s market value. Comparing the proposed building plans with nearby properties requires additional comparative analysis of property types and sizes to confirm market value.
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
- 7
- Condition
- 4
- Location
- 5
- Land
- 6
- Bedrooms
- 0
- Bathrooms
- 1
- Sqft (est)
- 2,488.29
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
- 250,000.00 £Decreased by 10.99 %
- Est sale value
- 771,369.90 £Decreased by 0.96 %
- Average area rental value
- 900.00 £/moDecreased by 18.03 %
- Est letting value
- 2,488.29 £/moUnchanged by 0.00 %
- Est rental Yield
- 4.32 %Decreased by 7.89 %
- Crime Rate
- 0.00 %
Agent Activity
Hames Estates created the listing.
Images
Nearby Streets
| Name | Average Price | Average Sqft | Distance |
|---|---|---|---|
| Viewfield Avenue | £ 0 | 0 | 0.00 KM |
| Bridgend Cottage | £ 0 | 0 | 0.00 KM |
| Semple Avenue | £ 0 | 0 | 0.00 KM |
| Lochwynd | £ 0 | 0 | 0.00 KM |
| Calderglen Road | £ 0 | 0 | 0.00 KM |
Nearby Transport
| Name | NLC | TLC | Distance |
|---|---|---|---|
| Lochwinnoch | 9655 | LHW | 2.54 KM |
| Glengarnock | 9503 | GLG | 7.46 KM |
| Howwood (Renfrewshire) | 1734 | HOZ | 8.42 KM |
Nearby Listings
| Address | Price | Type | Score | Distance |
|---|---|---|---|---|
| Burnfoot Road, Lochwinnoch | £ 125,000 | BUY | 5 / 10 | 0.00 KM |
| 50 McConnell Road, Lochwinnoch, PA12 4EB | £ 218,500 | BUY | 6 / 10 | 0.14 KM |
| 54 McConnell Road, Lochwinnoch, PA12 4EB | £ 180,000 | BUY | 6 / 10 | 0.22 KM |
| 2 Viewfield Avenue, Lochwinnoch, PA12 4EE | £ 220,000 | BUY | Unknown | 0.28 KM |
| 1 Garpel Way, Lochwinnoch | £ 249,995 | BUY | 7 / 10 | 0.36 KM |