Hereford Road, Leominster, Herefordshire, HR6 8JS
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Hereford Road, Leominster, Herefordshire, HR6 8JS

By Lee Anderson Property

£ 300,000

Reviews

2 out of 5 stars

Lee Anderson Property says ..

This building plot is being offered for sale with development potential for the future via a planning application (P191660/O) for three additional dwellings, one detached property and two semi-detache...

Property Oracle says ..

This listing presents a building plot in Leominster, Herefordshire, with planning permission (P191660/O) for constructing three additional dwellings. The location in Leominster East offers proximity to schools (Leominster Primary School, Earl Mortimer College), and the train station is relatively close. The site plan shows a sizeable plot with potential for multiple buildings. The absence of a building means there’s no structure to evaluate the condition of. The listed price of £300,000 is within the price range of nearby properties, although a direct comparison is difficult due to missing square footage data in many listings. The planning permission for three dwellings suggests potential for future substantial value, mitigating the risk of a higher initial investment. Investors interested in development opportunities in Leominster might find this plot particularly appealing. Due to the lack of building specifics and detailed plot size, a thorough evaluation of the overall investment value and potential is challenging. Further investigation regarding planning permissions and detailed building plans is strongly recommended before making any purchasing decisions.

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
6
Condition
3
Location
7
Land
6
Bedrooms
0
Bathrooms
0
Sqft (est)
1,000.00

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
340,250.00 £
Increased by 35.86 %
from 250,447.00 £
Est sale value
188,000.00 £
Decreased by 22.31 %
from 242,000.00 £
Average area rental value
724.00 £/mo
Increased by 5.54 %
from 686.00 £/mo
Est letting value
0.00 £/mo
from 0.00 £/mo
Est rental Yield
2.55 %
Decreased by 22.49 %
from 3.29 %
Crime Rate
8.00 %
Unchanged by 0.00 %
from 8.00 %

Agent Activity

  • Lee Anderson Property created the listing.

Nearby Schools

NameTypeOfstedDistance
Leominster Primary SchoolCommunity SchoolGood0.40 KM
Earl Mortimer College And Sixth Form CentreCommunity SchoolGood0.57 KM
Coningsby Children'S Centre, LeominsterChildren's Centre0.73 KM
Cambian Hereford SchoolOther Independent Special SchoolOutstanding0.74 KM
Westfield SchoolCommunity Special SchoolGood1.09 KM

Images

Nearby Streets

NameAverage PriceAverage SqftDistance
Marlborough Close £ 000.00 KM
George Street £ 000.00 KM
School Lane £ 000.00 KM
Cursneh Road £ 206,00000.00 KM
New Street £ 000.00 KM

Nearby Transport

NameNLCTLCDistance
Leominster3620LEO1.32 KM

Nearby Listings

AddressPriceTypeScoreDistance
Hereford Road, Leominster, Herefordshire, HR6 8JS £ 1,000,000BUY7 / 100.02 KM
Leominster, Herefordshire, HR6 £ 290,000BUY7 / 100.05 KM
Hereford Road, Leominster £ 290,000BUY6 / 100.09 KM
St Botolphs Green, Leominster, Herefordshire, HR6 8ER £ 305,000BUY8 / 100.10 KM
Hereford Road, Leominster, Herefordshire, HR6 8JS £ 595,000BUYUnknown0.13 KM

Nearby Properties

AddressPriceDistance
14 St Botolphs Green £ 191,5000.11 KM
21 St Botolphs Green £ 200,0000.11 KM
3 St Botolphs Green £ 198,0000.11 KM
51 St Botolphs Green £ 119,9950.11 KM
22 St Botolphs Green £ 350,0000.11 KM