Equity Road, Leicester, Leicestershire, LE3
SH

Equity Road, Leicester, Leicestershire, LE3

By Shonki Brothers

£ 200,000

Reviews

2 out of 5 stars

Shonki Brothers says ..

We are pleased to offer for sale this three bedroom mid terrace property, ideal for owner occupier, rental investor or first time buyer.

Property Oracle says ..

This three-bedroom terraced house located on Equity Road in Leicester’s Westcotes area presents a mixed bag for potential buyers. The property’s key advantage is its location, offering reasonable proximity to schools, the city centre, and transport links to Leicester train station. However, this advantage is somewhat offset by several drawbacks.

The property’s condition is a notable concern. The exterior is visibly aged and shows signs of needed repairs, whilst the internal images depict a property in need of significant modernization and potential repairs. The complete lack of any garden or outdoor space further detracts from its appeal.

While the list price of £200,000 appears to fall within the range of similar properties in the area based on limited available data, the condition and lack of land need to be factored in. Potential buyers should budget for renovations and improvements to bring the property up to a contemporary standard. A thorough survey is highly recommended before making an offer. Overall, this property presents an opportunity for a buyer who is willing to invest time and money in renovation, but potential returns may be lower than other properties in better condition.

Therefore, we give this property 4 / 10. *Disclaimer: This is our option and does constitute a recommendation or financial advice. Do your own research. *

Price
7
Condition
4
Location
6
Land
1
Bedrooms
3
Bathrooms
0
Sqft (est)
700.00

The heatmap indicates the level of crime in the area. The color of the heatmap indicates the crime severity and recency.

Metrics Year-on-Year

Average area value
207,292.00 £
Increased by 6.80 %
from 194,087.00 £
Est sale value
175,000.00 £
Increased by 31.58 %
from 133,000.00 £
Average area rental value
1,080.00 £/mo
Increased by 60.95 %
from 671.00 £/mo
Est letting value
700.00 £/mo
from 0.00 £/mo
Est rental Yield
6.25 %
Increased by 50.60 %
from 4.15 %
Crime Rate
14.00 %
Unchanged by 0.00 %
from 14.00 %

Agent Activity

  • Shonki Brothers marked this listing as sold.

  • Shonki Brothers created the listing.

Nearby Schools

NameTypeOfstedDistance
Avanti Fields SchoolFree Schools0.18 KM
Shaftesbury Junior SchoolCommunity SchoolRequires improvement0.34 KM
West End Sure Start Children'S CentreChildren's Centre Linked Site0.61 KM
King Richard Iii Infant And Nursery SchoolCommunity SchoolGood0.66 KM
Cherryleas Assessment CentreMiscellaneous0.98 KM

Images

Nearby Streets

NameAverage PriceAverage SqftDistance
Narborough Road North £ 000.00 KM
Upperton Road £ 000.00 KM
Martin Ryan Walk £ 000.00 KM
Tudor Close £ 000.00 KM
Tewkesbury Street £ 285,51500.00 KM

Nearby Transport

NameNLCTLCDistance
Leicester1947LEI2.78 KM
South Wigston1949SWS5.21 KM
Narborough1881NBR8.51 KM

Nearby Listings

AddressPriceTypeScoreDistance
Equity Road, Leicester, Leicestershire, LE3 £ 200,000BUY5 / 100.00 KM
Equity Road, Leicester, LE3 £ 245,000BUYUnknown0.00 KM
Upperton Road, Westcotes, Leicester, LE3 £ 475,000BUYUnknown0.03 KM
Upperton Road, Leicester, Leicestershire £ 450,000BUY5 / 100.03 KM
7 Upperton Road, Off Narborough Road, Leicester, LE3 0BH £ 125,000BUY4 / 100.04 KM

Nearby Properties

AddressPriceDistance
31 Equity Road £ 215,0000.01 KM
25 Equity Road £ 120,0000.01 KM
22 Equity Road £ 133,0000.01 KM
30 Equity Road £ 120,0000.01 KM
16 Equity Road £ 152,0000.01 KM