18 & 20 Cross Street, Tenbury Wells, Worcestershire, WR15
PE

18 & 20 Cross Street, Tenbury Wells, Worcestershire, WR15

By Perry Bishop

£ 250,000

Reviews

2 out of 5 stars

Perry Bishop says ..

Brimming with the potential for redevelopment (STPP) or alternative use, the Tenbury Wells Methodist Church presents a rare opportunity to acquire a charming chapel and accompanying schoolroom. Situated within walking distance of Tenbury Wells town centre, the premises are set in a predominantly...

Property Oracle says ..

This property at 18 & 20 Cross Street, Tenbury Wells, is a large building with potential, currently listed for £250,000. The size, at 2,266.88 sq ft, is a key feature, suggesting ample space for various uses. However, the absence of bedrooms and bathrooms is crucial. This indicates a significant amount of work and potential conversion costs before it could be used as a residential property. The photographs show the internal space to be fairly bare, but with significant potential for conversion. The external condition is satisfactory. A small garden is included. The property is situated in Tenbury Wells, a pleasant market town with good local amenities including schools, which would make the location attractive to a prospective buyer. The surrounding area displays a mixture of property styles and prices, with some significantly more expensive than this property. Given the need for extensive conversion, and the lack of specific details such as planning permissions or potential uses, a thorough survey and professional advice would be essential before any purchase. The property is potentially suitable for someone looking for a large renovation project or a conversion project such as multiple apartments or a commercial enterprise. It would benefit from detailed information regarding the possibility of obtaining the required planning permissions before any purchase decision is made. The relatively small garden and lack of up-to-date information on local pricing per square foot make it difficult to give a definitive judgment on the price. A property of this type and size requires much more information before a definitive conclusion could be reached.

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
5
Location
7
Land
3
Bedrooms
0
Bathrooms
0
Sqft (est)
2,266.88

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
306,316.00 £
Increased by 32.78 %
from 230,688.00 £
Est sale value
793,408.00 £
Increased by 28.21 %
from 618,858.24 £
Average area rental value
1,226.00 £/mo
Decreased by 2.93 %
from 1,263.00 £/mo
Est letting value
2,266.88 £/mo
Unchanged by 0.00 %
from 2,266.88 £/mo
Est rental Yield
4.80 %
Decreased by 26.94 %
from 6.57 %
Crime Rate
52.00 %
Unchanged by 0.00 %
from 52.00 %

Agent Activity

  • Perry Bishop created the listing.

Nearby Schools

NameTypeOfstedDistance
Tenbury Cofe Primary SchoolAcademy ConverterGood0.26 KM
Tenbury High Ormiston AcademyAcademy Sponsor LedGood0.66 KM
Burford Cofe Primary SchoolAcademy ConverterRequires improvement0.92 KM
Clee Hill Community AcademyAcademy ConverterGood7.05 KM

Images

Picture No. 12 Picture No. 02 Picture No. 07 Picture No. 09 Picture No. 01 Picture No. 05 Picture No. 06 Map Picture No. 03 Picture No. 10

Nearby Streets

NameAverage PriceAverage SqftDistance
St Mary's Close £ 000.00 KM
Market Street £ 000.00 KM
Malt House Mews £ 000.00 KM
Riverside £ 500,00000.00 KM
Spring Gardens £ 000.00 KM

Nearby Listings

AddressPriceTypeScoreDistance
Cross Street, Tenbury Wells, Worcestershire, WR15 £ 195,000BUYUnknown0.00 KM
7 Cross Street, Tenbury Wells WR15 8EF £ 130,000BUY6 / 100.04 KM
7 Cross Street, Tenbury Wells, Worcestershire WR15 8EF £ 115,000BUYUnknown0.04 KM
7 Cross Street, Tenbury Wells, Worcestershire WR15 8EF £ 95,000BUY6 / 100.04 KM
The White House, Tenbury Wells £ 1,000,000BUY8 / 100.09 KM

Nearby Properties

AddressPriceDistance
22 Cross Street £ 279,5000.01 KM
26 Cross Street £ 187,5000.01 KM
39 Cross Street £ 130,0000.04 KM
45 Cross Street £ 90,0000.04 KM
21 Cross Street £ 125,0000.04 KM