Loughborough Road, Belgrave, Leicester
By Seths Estate & Letting Agents
£ 650,000
Reviews
2 out of 5 stars
Seths Estate & Letting Agents says ..
*** RARE TO MARKET COMMERCIAL PROPERTY - LOUGHBOROUGH ROAD - FLAMINGO BAR AND GRILL **** Seths Estate Agents are delighted to offer an exceptional opportunity to acquire the freehold of a prominent landmark property on bustling Loughborough Road in Leicester’s LE4 area. Formerly an Edwar...
Property Oracle says ..
This property is a commercial building located on Loughborough Road in Belgrave, Leicester, listed for £650,000. The exterior photographs reveal a building that needs significant attention. The façade shows clear signs of age and disrepair, requiring considerable investment for renovation or refurbishment. The rear area appears to be used for parking and storage. There is a lack of information about the internal layout, which makes a comprehensive assessment of its potential difficult. The proximity to Leicester city centre and several schools, coupled with reasonably convenient transport links, provides the location with some positive attributes. However, the condition of the building and the high listing price, in the absence of specifics like the internal layout, square footage, and condition of the amenities raise serious questions regarding its value. More information, including internal photographs, property dimensions, and a detailed survey, is needed before any concrete conclusions about the property’s suitability for investment or renovation can be made. The nearby residential sales provide little comparative information due to missing square footage data.
Therefore, we give this property 5 / 10. *Disclaimer: This is our option and does constitute a recommendation or financial advice. Do your own research. *
- Price
- 6
- Condition
- 4
- Location
- 7
- Land
- 3
- Bedrooms
- 0
- Bathrooms
- 0
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Metrics Year-on-Year
- Average area value
- 430,000.00 £Decreased by 17.39 %
- Average area rental value
- 1,715.00 £/moIncreased by 5.67 %
- Est rental Yield
- 4.79 %Increased by 28.07 %
- Crime Rate
- 9.00 %Unchanged by 0.00 %
Agent Activity
Seths Estate & Letting Agents created the listing.
Nearby Schools
| Name | Type | Ofsted | Distance |
|---|---|---|---|
| Darul Uloom Leicester | Other Independent School | Good | 0.32 KM |
| Woodbridge Sure Start Children'S Centre | Children's Centre Linked Site | 0.38 KM | |
| Mellor Community Primary School | Community School | Good | 0.57 KM |
| Abbey Mead Primary Academy | Academy Converter | 0.65 KM | |
| Belgrave And Rushey Mead Sure Start Children'S Centre | Children's Centre Linked Site | 0.82 KM |
Images
Nearby Streets
| Name | Average Price | Average Sqft | Distance |
|---|---|---|---|
| Royal Road | £ 0 | 0 | 0.00 KM |
| Clarke Street | £ 260,000 | 0 | 0.00 KM |
| Herbert Avenue | £ 230,000 | 0 | 0.00 KM |
| Asha Margh | £ 0 | 0 | 0.00 KM |
| Ratcliffe Street | £ 340,000 | 0 | 0.00 KM |
Nearby Transport
| Name | NLC | TLC | Distance |
|---|---|---|---|
| Leicester | 1947 | LEI | 2.98 KM |
| Syston | 1900 | SYS | 5.98 KM |
| Sileby | 1902 | SIL | 8.29 KM |
| South Wigston | 1949 | SWS | 8.54 KM |
Nearby Listings
| Address | Price | Type | Score | Distance |
|---|---|---|---|---|
| Loughborough Road, Belgrave, Leicester | £ 650,000 | BUY | 5 / 10 | 0.00 KM |
| Loughborough Road, Belgrave, Leicester | £ 650,000 | BUY | 4 / 10 | 0.07 KM |
| 272 A & B Loughborough Road, Leicester, Leicestershire LE4 5LH | £ 190,000 | BUY | Unknown | 0.07 KM |
| Vicarage Lane, Belgrave, Leicester | £ 270,000 | BUY | 6 / 10 | 0.20 KM |
| Vicarage Lane, Leicester, Leicestershire, LE4 | £ 220,000 | BUY | 6 / 10 | 0.20 KM |
Nearby Properties
| Address | Price | Distance |
|---|---|---|
| 171 Loughborough Road | £ 222,000 | 0.03 KM |
| 145 Loughborough Road | £ 320,000 | 0.03 KM |
| 268 Loughborough Road | £ 35,000 | 0.06 KM |
| 266 Loughborough Road | £ 35,000 | 0.06 KM |
| 226 Loughborough Road | £ 144,000 | 0.14 KM |