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High Street, Measham, DE12 7HR

East Midlands

£250,000

Listed on 09/04/2026

Property Details

Bedrooms
N/A
Type
Block Of Apartments

Description

This development opportunity is located in the heart of Measham, featuring a notable site that previously housed the Co-op building. The property consists of two distinct plots: the primary plot, which includes the former retail structure on approximately 0.10 acres, and a secondary plot of about 0.05 acres that was formerly utilized as a parking area. This configuration provides ample flexibility for various redevelopment options while benefiting from a prominent position on the High Street, ensuring high visibility and accessibility. The current building is in significant disrepair and is recommended for demolition, allowing for an expansive redevelopment vision without the burden of existing structures. This site is particularly suited for residential apartments or a mixed-use development that combines housing with commercial elements on the ground floor (subject to planning approval). Furthermore, the separation between plots may enable phased development or alternative layout approaches tailored to an investor's strategy. Such an opportunity to acquire central village land with versatile usage potential is increasingly uncommon.

Investment Analysis

(DE12 area)
Area Average
£263/sq ft
Avg Rent (weekly)
£247
Avg Yield
3.9%

Renovation Potential

Heavy Refurb
Est. Renovation Cost
£100,000 - £200,000
Note: Renovation cost estimates are AI-generated based on property location and general characteristics, and may not reflect actual costs.
Monthly Sales
25
Average per month
Market Turnover
16%
Properties sold annually

Local Market Trend (DE12)

Area prices are stable by -0.6% over the last 12 months
3 year growth: -0.5%
5 year growth: +5.0%
Investment Disclaimer: Analysis based on DE12 area averages and may not reflect property-specific factors like condition, exact location, or unique features. Any renovation cost estimates provided are AI-generated and should be considered indicative only. Renovation costs vary significantly based on property condition and scope of work. Always conduct professional surveys and get multiple quotes before making investment decisions.

Location

High Street, Measham, DE12 7HR
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Mortgage Calculator

£
£
£
%
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years

Current average 2-year fixed rate is 4.45%

Current average variable rate is 6.60%

Monthly Repayments
£944
Based on a loan of £187,500 over 30 years at 4.45% interest

These results are estimates and are only intended as a guide. Make sure you obtain accurate figures from your lender before committing to any mortgage. Your home may be repossessed if you do not keep up repayments on a mortgage.

Stamp Duty Calculator

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