Ottery Saint Mary
WI

Ottery Saint Mary

By Wilkinson Grant & Co Land & Investment

£ 150,000

Reviews

2 out of 5 stars

Wilkinson Grant & Co Land & Investment says ..

DEVELOPMENT OPPORTUNITY This commanding building offers a COMMERCIAL CONVERSION OPPORTUNITY (STP) to create a mixed use or residential investment.

Property Oracle says ..

This property in Ottery St Mary is a mixed-use commercial space currently listed for £150,000. It comprises a ground-floor shop and multiple upper-floor office spaces. The exterior appears well-maintained, exhibiting a charming character consistent with the town’s aesthetic. Internally, the property appears mostly functional but shows signs of wear and tear in several areas. Modernisation and refurbishment could significantly enhance its value and appeal. The property benefits from a central location within Ottery St Mary, providing easy access to local amenities and schools. However, outdoor space is limited to a small courtyard. The lack of square footage information prevents a precise analysis of its price per square foot compared to the market. This needs further clarification. Overall, the property presents potential for various uses, such as small business operations, rental income from multiple office spaces and its central location makes it an attractive investment prospect. The condition is functional but could benefit from improvements. Buyers should carefully assess the specific renovation needs before making a purchase decision.

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
6
Location
7
Land
2
Bedrooms
0
Bathrooms
0

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
400,000.00 £
Increased by 7.31 %
from 372,769.00 £
Average area rental value
850.00 £/mo
Decreased by 13.00 %
from 977.00 £/mo
Est rental Yield
2.55 %
Decreased by 19.05 %
from 3.15 %
Crime Rate
134.00 %
Unchanged by 0.00 %
from 134.00 %

Agent Activity

  • Wilkinson Grant & Co Land & Investment created the listing.

Nearby Schools

NameTypeOfstedDistance
Ottery St Mary Children'S CentreChildren's Centre0.14 KM
Ottery St Mary Primary SchoolFoundation SchoolGood0.93 KM
The King'S SchoolAcademy ConverterOutstanding1.49 KM
Tipton St John Church Of England Primary SchoolVoluntary Aided SchoolGood3.95 KM
Feniton Church Of England Primary SchoolVoluntary Aided SchoolOutstanding3.99 KM

Images

Building Rear Elevation.Jpg No 1. Retail.Jpg No.1 Stairway.Jpg Office.Jpg Rear Of No.1.Jpg 1 Ground Floor 1 First Floor 1 Second Floor

Nearby Streets

NameAverage PriceAverage SqftDistance
Winter's Lane £ 000.00 KM
New Lane £ 000.00 KM
Coleridge Bridge £ 220,00000.00 KM
Furzebrook £ 000.00 KM
Colebred Close £ 000.00 KM

Nearby Transport

NameNLCTLCDistance
Feniton5808FNT3.97 KM
Whimple5759WHM8.51 KM

Nearby Listings

AddressPriceTypeScoreDistance
Ottery Saint Mary £ 325,000BUY5 / 100.00 KM
Ottery St Mary £ 325,000BUY7 / 100.03 KM
Broad Street, Ottery St Mary £ 145,000BUYUnknown0.03 KM
Jesu Street, Ottery St Mary £ 165,000BUY6 / 100.12 KM
Mill Street, Ottery St. Mary, Devon, EX11 £ 100,000BUY4 / 100.13 KM

Nearby Properties

AddressPriceDistance
Trumps Lodge £ 285,0000.05 KM
9a Silver Street £ 90,0000.05 KM
15a Silver Street £ 157,0000.05 KM
23 Silver Street £ 300,0000.05 KM
7 Tip Hill £ 150,0000.14 KM