Land Adjacent To Rydal Manor, Kirby Lane, Melton Mowbray
MA

Land Adjacent To Rydal Manor, Kirby Lane, Melton Mowbray

By MATHER JAMIE LIMITED

£ 600,000

Reviews

3 out of 5 stars

MATHER JAMIE LIMITED says ..

Mather Jamie are delighted to bring to the market a development site situated on the edge of the market town of Melton Mowbray known for its heritage and links to the rural community. The site offers an excellent opportunity to build a desirable scheme of detached homes situated in the pleasant...

Property Oracle says ..

This listing presents a development opportunity for a plot of land adjacent to Rydal Manor in Melton Mowbray, Leicestershire. The property is marketed as a site for building detached homes. The location is described as being on the edge of Melton Mowbray, offering a blend of rural and town living. Nearby amenities include schools with varying Ofsted ratings, and Melton Mowbray railway station is relatively close. The land itself appears sizable based on the provided aerial photographs, suggesting potential for a substantial development project. The absence of specified square footage for both the plot and potential build limits a precise assessment of value per square foot. The £600,000 list price requires further investigation into planning permissions, build costs, and comparable land sales in the area to determine its reasonableness. The provided nearby property sales figures are not particularly helpful as they are for completed properties and the land for development is not in a built-up area. The lack of specifics regarding existing structures on the site, and their condition if present, and the absence of clear plot dimensions restrict a thorough property appraisal.

Therefore, we give this property 6 / 10. Disclamer: This is our opition and does constitute a recommendation or financial advice. Do your own research.

Price
7
Condition
4
Location
7
Land
6
Bedrooms
0
Bathrooms
0

Metrics

Area value Growth
71,897
Increased by 12%
from 70,946
Rental Yield Growth
24.57%
Decreased by 4.05%
from 28.62%

Agent Activity

  • MATHER JAMIE LIMITED created the listing.

Nearby Schools

NameTypeOfstedDistance
Long Field Spencer AcademyAcademy ConverterGood1.25 KM
Swallowdale Primary School And Community CentreAcademy ConverterRequires improvement1.31 KM
Saint Francis Catholic Primary SchoolAcademy Converter1.76 KM
The Edge Sure Start Children'S CentreChildren's Centre1.84 KM
The Grove Primary SchoolAcademy ConverterRequires improvement2.02 KM

Images

Photo 1 Photo 2

Nearby Streets

NameAverage PriceAverage SqftDistance
Queensway £ 245,00000.00 KM
Hartopp Road £ 220,00000.00 KM
The Drive £ 375,00000.00 KM
Stirling Road £ 000.00 KM
Fox Yard £ 90,00000.00 KM

Nearby Transport

NameNLCTLCDistance
Melton Mowbray1851MMO2.19 KM

Nearby Properties

AddressPriceDistance
4 Campion Place £ 175,0000.28 KM
6 Campion Place £ 160,0000.29 KM
14 Campion Place £ 249,9500.29 KM
12 Campion Place £ 290,0000.29 KM
14 Bluebell Row £ 215,0000.33 KM