Seths Estate & Letting Agents says ..

Property Oracle says ..

The property is a 3-bedroom terraced house located on Hamilton Street in Leicester. The location benefits from being close to several schools, including Medway Community Primary School (rated ‘Good’ by Ofsted) and Uplands Junior L.E.A.D Academy (also rated ‘Good’). Leicester train station is approximately 1.19km away, providing convenient access to public transportation.

Based on the provided images, the property appears to be in reasonable condition. While the interior is presented in a clean and well-maintained state, there are no obvious signs of significant damage or disrepair. However, a more thorough inspection would be needed to fully assess its structural condition and identify any potential issues. The property does have a small, enclosed rear garden, although it’s relatively small and appears to be primarily paved.

Given the average house price in the area is £305,921 and the average price per square foot is £299, and the list price of this property is £249,950, the asking price appears to be on the lower end of the market value for the area, particularly considering the proximity to local amenities and schools. However, without knowing the actual square footage of the property, a definitive assessment of its price-to-value ratio is difficult. The lack of square footage data for this property and the nearby properties makes a precise comparison challenging. Several nearby properties on Hamilton Street sold for significantly less, suggesting the list price may be slightly inflated. However, other properties in the area have sold for significantly higher prices, indicating that the asking price could still be considered reasonable depending on the actual size and condition of the property.

The property appears to be a traditional terraced house. There is no evidence of major renovations, but some modernisation is visible.

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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