The Parade, Leicester
IN

The Parade, Leicester

By Innovate Estate Agents

£ 147,000

Reviews

2 out of 5 stars

Innovate Estate Agents says ..

**INVESTORS ONLY**Innovate Estate Agents are pleased to present this TWO BEDROOM THIRD FLOOR APARTMENT situated in Oadby, Leicester! The property boasts of ALLOCATED PARKING BAY, entrance hallway, LIFT ACCESS, OPEN PLAN LIVING SPACE with FITTED KITCHEN and dining/lounge area, bathroom, electric h...

Property Oracle says ..

This two-bedroom apartment located at 80 The Parade, Oadby, Leicester, is listed at £147,000. The property is situated above commercial units, in a convenient location close to local amenities and transport links. The apartment appears to be well-maintained and modern, featuring a recently updated kitchen and bathroom. The photos suggest a clean, ready-to-move-in condition, although a professional survey is always recommended before purchase. The lack of information concerning plot size and square footage makes an in-depth analysis challenging. However, comparing the price to other nearby properties suggests the listing price is competitive in this area. The absence of detailed square footage and plot size data limits a full analysis of value for money. The surrounding area is a popular residential location within Oadby, with good schools in proximity, appealing to families and professionals alike. Overall, the property offers a modern apartment in a convenient location, although buyers should conduct thorough due diligence before making a purchase decision and factor in the potential impact of living above commercial premises. This property is suitable for a range of buyers, including first-time buyers and investors, although the lack of outdoor space may be a limiting factor for some. The overall impression is positive, but a comprehensive survey would provide reassurance and clarification. Buyers should request additional information regarding the service charge costs for the apartment block, as these can have a significant impact on the running costs.

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
6
Location
7
Land
1
Bedrooms
2
Bathrooms
1

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
230,000.00 £
Decreased by 21.93 %
from 294,610.00 £
Average area rental value
1,119.00 £/mo
Increased by 11.01 %
from 1,008.00 £/mo
Est rental Yield
5.84 %
Increased by 42.09 %
from 4.11 %
Crime Rate
42.00 %
Unchanged by 0.00 %
from 42.00 %

Agent Activity

  • Innovate Estate Agents created the listing.

Nearby Schools

NameTypeOfstedDistance
Langmoor Primary School OadbyAcademy Converter0.62 KM
Launde Primary SchoolAcademy Converter0.70 KM
Glenmere Community Primary SchoolAcademy ConverterOutstanding1.33 KM
Brocks Hill Primary SchoolAcademy Converter1.54 KM
Saint John Fisher Catholic Voluntary Academy, Wigston, LeicestershireAcademy ConverterGood1.58 KM

Images

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Nearby Streets

NameAverage PriceAverage SqftDistance
North Street £ 000.00 KM
Albion Court £ 000.00 KM
Beech Road £ 353,75000.00 KM
Walnut Close £ 000.00 KM
Hornbeam Close £ 000.00 KM

Nearby Transport

NameNLCTLCDistance
Leicester1947LEI5.77 KM
South Wigston1949SWS5.87 KM

Nearby Listings

AddressPriceTypeScoreDistance
The Parade, Leicester £ 147,000BUY5 / 100.00 KM
The Parade, Oadby, Leicester £ 150,000BUY5 / 100.09 KM
Flat 6, 80 The Parade, Oadby, Leicester LE2 5BF £ 100,000BUYUnknown0.09 KM
Rowleys Court, Sandhurst Street, Oadby, Leicester £ 125,000BUY8 / 100.10 KM
Rowleys Court, Sandhurst Street, Oadby, Leicester £ 115,000BUY7 / 100.15 KM

Nearby Properties

AddressPriceDistance
7 Sandhurst Street £ 150,0000.17 KM
35 Sandhurst Street £ 183,0000.17 KM
23 Sandhurst Street £ 120,0000.17 KM
49 Sandhurst Street £ 119,0000.17 KM
44 Sandhurst Street £ 25,5000.17 KM