Spencers Estate Agency says ..

Property Oracle says ..

The property is a 3-bedroom terraced house located in Leicester, Leicestershire. The list price is £190,000. The property has a total area of 2,072 sqft and a plot size of 947 sqft. The location is close to several primary and secondary schools, with the closest being Fosse Mead Primary Academy (0.51km). There are also several railway stations within a reasonable distance, providing convenient access to transportation. The proximity to schools and transport links makes this a potentially desirable location for families. Based on the provided images, the property appears to be in need of some modernisation and updating. Several rooms show dated wallpaper and flooring. The kitchen, while recently fitted, is in a style that may not appeal to all buyers. While structurally sound, cosmetic improvements would significantly enhance the property’s overall appeal. The property includes a small, enclosed rear garden. Although relatively compact, it still offers some outdoor space, which is a valuable asset for many buyers. Considering the average house price in the area is £522,019 and the average price per sqft is £357, the list price of £190,000 for this 2,072 sqft property seems significantly lower. However, the condition of the property needs to be considered. The need for modernisation could explain the lower price compared to the average. A detailed survey would be needed to fully assess the property’s condition and potential costs associated with renovations. The lower price may represent an opportunity for a buyer willing to undertake some refurbishment work.

Therefore, we give this property 6 / 10. *Disclaimer: This is our option and does constitute a recommendation or financial advice. Do your own research. *

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