Connells says ..
TWO SELF-CONTAINED APARTMENTS (selling as a FREEHOLD). Nestled in a sought-after location, this property offers an exceptional investment opportunity. Each apartment is thoughtfully designed boasting spacious living accommodation throughout, a rear courtyard and basement.
Property Oracle says ..
This three-bedroom terraced house located on Ivanhoe Street, Leicester, presents a mixed bag. The property is within reasonable proximity to schools rated ‘Good’ by Ofsted, and a short distance from Leicester city centre. However, the exact distances and the extent of nearby amenities require further research.
The property itself shows a blend of habitable and less-desirable features. The living areas are presented as relatively tidy and modern, providing comfortable accommodation. Nevertheless, the kitchen and potentially the basement space appear to require significant renovations. One bathroom is visible in the images; it is in relatively good condition but does not reflect the general state of the property.
The small garden area needs some attention. The overall plot size is not specified, which is a limitation on the valuation of the property.
The asking price is competitive based on local property averages from nearby streets; however, the required improvements could reduce the final sale price. A detailed survey would be advised before purchasing to determine the extent of renovation necessary and its impact on the property’s value. Overall, potential buyers should factor in the renovation costs as part of their assessment of the property’s overall value. The property has potential as a rental property but requires significant investment.
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
- 7
- Condition
- 5
- Location
- 7
- Land
- 3
- Bedrooms
- 3
- Bathrooms
- 1
- Sqft (est)
- 1,000.00
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
- 238,125.00 £Decreased by 3.17 %
- Est sale value
- 330,000.00 £Increased by 24.06 %
- Average area rental value
- 993.00 £/moIncreased by 19.93 %
- Est letting value
- 1,000.00 £/mo
- Est rental Yield
- 5.00 %Increased by 23.76 %
- Crime Rate
- 8.00 %Unchanged by 0.00 %
Agent Activity
Connells created the listing.
Nearby Schools
| Name | Type | Ofsted | Distance |
|---|---|---|---|
| Inglehurst Junior School | Community School | Good | 0.42 KM |
| Inglehurst Infant School | Community School | Good | 0.46 KM |
| Fosse Mead Primary Academy | Academy Sponsor Led | 0.79 KM | |
| New Parks Sure Start Children'S Centre | Children's Centre Linked Site | 0.87 KM | |
| Christ The King Catholic Voluntary Academy | Academy Converter | 0.97 KM |
Images
Nearby Streets
| Name | Average Price | Average Sqft | Distance |
|---|---|---|---|
| Garland Crescent | £ 525,000 | 0 | 0.00 KM |
| Sandhurst Close | £ 0 | 0 | 0.00 KM |
| Buckminster Road | £ 0 | 0 | 0.00 KM |
| Stoneleigh Way | £ 0 | 0 | 0.00 KM |
| Bloxham Road | £ 230,000 | 0 | 0.00 KM |
Nearby Transport
| Name | NLC | TLC | Distance |
|---|---|---|---|
| Leicester | 1947 | LEI | 3.55 KM |
| South Wigston | 1949 | SWS | 6.91 KM |
| Narborough | 1881 | NBR | 9.29 KM |
Nearby Listings
| Address | Price | Type | Score | Distance |
|---|---|---|---|---|
| Ivanhoe Street, Leicester | £ 220,000 | BUY | 5 / 10 | 0.00 KM |
| Ivanhoe House, 41a Ivanhoe Street, Newfoundpool, Leicester, Leicestershire | £ 942,000 | BUY | 5 / 10 | 0.02 KM |
| Ivanhoe Street, Leicester, LE3 | £ 170,000 | BUY | 5 / 10 | 0.02 KM |
| Ruby Street, Newfoundpool | £ 165,000 | BUY | 4 / 10 | 0.03 KM |
| Ruby Street, Leicester | £ 200,000 | BUY | Unknown | 0.04 KM |
Nearby Properties
| Address | Price | Distance |
|---|---|---|
| 69 Ivanhoe Street | £ 148,000 | 0.00 KM |
| 59 Ivanhoe Street | £ 118,000 | 0.00 KM |
| 23 Ivanhoe Street | £ 85,000 | 0.00 KM |
| 35 Ivanhoe Street | £ 175,000 | 0.00 KM |
| 13 Ivanhoe Street | £ 85,600 | 0.00 KM |