Newman Property Experts says ..

Property Oracle says ..

The property is a 3-bedroom semi-detached house located on New Street, Leicester, with a list price of £175,000. The property has a total area of 327.50 sqft and is situated in the Castle locality. The average house price in the area is significantly higher at £302,231, and the average price per sqft is £288. Compared to this, the property’s price per sqft is considerably lower. However, this is likely due to the smaller size and condition of the property. Nearby comparable properties range from £185,000 to £215,000 for semi-detached houses. The property’s list price sits within this range, suggesting a relatively reasonable price considering the local market. The property benefits from its proximity to Leicester train station (1.27km), and several schools, including De Montfort University (0.38km) and The Children’s Hospital School (0.68km). This is a positive aspect of the location, suggesting good access to education and transportation. However, the plot size is listed as 0.00 sqft, indicating a lack of garden space. This could be a drawback for some buyers. Based on the provided images, the property appears to be in fair condition. While the kitchen and some rooms show signs of recent modernisation, the bathroom shows some signs of wear and tear, requiring some level of maintenance or updating. The overall condition is not excellent, but it’s not in need of major renovation. The property appears to have a small paved rear yard, which while not extensive, provides some outdoor space. However, it is not a significant garden. In summary, the property presents a mixed bag. While the price seems reasonable relative to comparable properties in the area, and the location offers convenient access to amenities, the lack of substantial garden space and the condition of the bathroom may influence buyer perception. The property’s smaller size compared to the average in the area also contributes to its lower price point.

Therefore, we give this property 5 / 10. *Disclaimer: This is our option and does constitute a recommendation or financial advice. Do your own research. *

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