Midland Road, Stonehouse

South West

£80,000

Listed on 09/11/2025

Property Details

Bedrooms

Type

Detached house

Description

This property presents a noteworthy opportunity for those looking to invest in a building plot with approved planning permission for a three-bedroom home. The status of full planning permission allows for immediate development, positioning this site as an attractive option for builders and investors alike. Situated in a well-regarded area, the location offers both convenience and appeal. With essential amenities nearby and good transport links, potential future occupants will benefit from easy access to local services and recreational spaces. This makes the property suitable not just for resale but also as a long-term buy-to-let investment. Once completed, the estimated rental income could reach around £1,100 per month, providing a solid return on investment. This plot's unique characteristics and planned development open up various possibilities for customization in building design. Whether you're seeking to develop quickly or hold onto it as part of a broader investment strategy, this property holds significant potential in today's market.

Investment Analysis

(GL10 area)

Area Average

£337/sq ft

Renovation Potential

Heavy Refurb

Est. Renovation Cost

£150,000 - £250,000

Note: Renovation cost estimates are AI-generated based on property location and general characteristics, and may not reflect actual costs.

Monthly Sales

Average per month

Market Turnover

33%

Properties sold annually

Local Market Trend (GL10)

Area prices are falling by +9.2% over the last 12 months

3 year growth: -0.8%

5 year growth: 13.8%

Investment Disclaimer: Analysis based on GL10 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

Midland Road, Stonehouse

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Mortgage Calculator

Property Price

Household Income

Deposit

Deposit %

Interest Rate

Repayment Period

years

Current average 2-year fixed rate is 4.19%

Current average variable rate is 6.78%

Monthly Repayments

£293

Based on a loan of £60,000 over 30 years at 4.19% 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.