Fenny Lane, Meldreth
By Cheffins Residential
£ 2,750,000
Reviews
3 out of 5 stars
Cheffins Residential says ..
An interesting opportunity to acquire approximately 0.66 ha (1.63 acres) of land with a collection of 11 existing properties and additional workshop/ garage buildings. Current permitted for C2 or D1 Use Classes without restriction, change of use would trigger an Overage payment.
Property Oracle says ..
The property is located in Meldreth, a village in South Cambridgeshire. The area benefits from good local schools, including Aurora Meldreth Manor School (0.24km) and Meldreth Primary School (0.90km), both rated as “Good” by Ofsted. Meldreth railway station is also conveniently located (1.18km), providing access to Cambridge and London. The property itself appears to be a collection of buildings, potentially needing some renovation or modernisation. The grounds are extensive, providing ample space. Considering the location, the size of the land, and the potential for development, the list price of £2,750,000 appears to be in line with the local market, although more detailed information on the property’s size and condition would allow for a more precise evaluation. However, comparable properties in the area range from £193,000 to £900,000, suggesting that the list price might be at the higher end of the spectrum for this type of property.
Therefore, we give this property 7 / 10. *Disclaimer: This is our option and does constitute a recommendation or financial advice. Do your own research. *
- Price
- 7
- Condition
- 6
- Location
- 8
- Land
- 9
- 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
- 482,857.00 £Decreased by 15.03 %
- Average area rental value
- 1,423.00 £/moIncreased by 20.59 %
- Est rental Yield
- 3.54 %Increased by 42.17 %
- Crime Rate
- 1.00 %Unchanged by 0.00 %
Agent Activity
Cheffins Residential created the listing.
Nearby Schools
| Name | Type | Ofsted | Distance |
|---|---|---|---|
| Aurora Meldreth Manor School | Other Independent Special School | Good | 0.24 KM |
| Meldreth Primary School | Community School | Good | 0.90 KM |
| Melbourn Village College | Academy Converter | Good | 2.19 KM |
| Melbourn Child And Family Zone | Children's Centre | 2.41 KM | |
| Melbourn Primary School | Community School | Good | 2.53 KM |
Images
Nearby Streets
| Name | Average Price | Average Sqft | Distance |
|---|---|---|---|
| Marvell Green | £ 0 | 0 | 0.00 KM |
| Old Mill Court | £ 650,000 | 0 | 0.00 KM |
| Melrose | £ 350,000 | 0 | 0.00 KM |
Nearby Transport
| Name | NLC | TLC | Distance |
|---|---|---|---|
| Meldreth | 7036 | MEL | 1.18 KM |
| Shepreth | 7044 | STH | 3.63 KM |
| Royston | 6090 | RYS | 6.04 KM |
| Foxton | 7029 | FXN | 6.39 KM |
Nearby Listings
| Address | Price | Type | Score | Distance |
|---|---|---|---|---|
| Fenny Lane, Meldreth | £ 2,750,000 | BUY | 7 / 10 | 0.00 KM |
| Marvell Green, Meldreth, Royston | £ 550,000 | BUY | Unknown | 0.35 KM |
| The Gables, Old North Road, Royston | £ 245,000 | BUY | 7 / 10 | 0.45 KM |
| Gables Close, Meldreth, SG8 | £ 325,000 | BUY | 6 / 10 | 0.46 KM |
| Gables Close, Meldreth | £ 250,000 | BUY | 6 / 10 | 0.49 KM |
Nearby Properties
| Address | Price | Distance |
|---|---|---|
| 2 Fenny Lane | £ 817,500 | 0.11 KM |
| 18 Fenny Lane | £ 790,000 | 0.11 KM |
| 14 Fenny Lane | £ 450,000 | 0.11 KM |
| 8 Fenny Lane | £ 680,000 | 0.11 KM |
| 32 Gables Close | £ 193,000 | 0.48 KM |