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High Street, Measham, DE12 7HR

East Midlands

£250,000
Listed on 07/04/2026

Property Details

Bedrooms
N/A
Type
Block Of Apartments

Description

This is a prime opportunity to secure a development site centrally located in Measham, previously home to the Co-op building. The property includes two separate plots, strategically placed nearby each other but not contiguous, providing versatile options for redevelopment (subject to planning permission). The main plot, which encompasses around 0.10 acres and features the former retail structure in a state of disrepair, is perfectly poised for demolition. The secondary plot, formerly utilized as a parking area, spans approximately 0.05 acres. This site enjoys high visibility along the High Street with substantial foot traffic and is surrounded by residential properties and local amenities, enhancing its appeal for potential investors. Given the site's condition and layout flexibility, it presents an ideal canvas for new development—be it residential apartments or mixed-use ventures that incorporate commercial elements on the ground floor. Such opportunities in well-connected village locations are becoming increasingly scarce.

Investment Analysis

(DE12 area)
Area Average
£258/sq ft
Avg Rent (weekly)
£240
Avg Yield
3.9%

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
21
Average per month
Market Turnover
15%
Properties sold annually

Local Market Trend (DE12)

Area prices are stable by -0.9% over the last 12 months
3 year growth: -0.4%
5 year growth: +6.2%
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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£
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years

Current average 2-year fixed rate is 3.91%

Current average variable rate is 6.62%

Monthly Repayments
£885
Based on a loan of £187,500 over 30 years at 3.91% 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.

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