Frank Innes says ..

Property Oracle says ..

The property is a 3-bedroom, 2-bathroom terraced house located in Leicester Forest East, Leicestershire. It has a list price of £220,000 and a plot size of 1,054 sqft. The property is within reasonable proximity to several schools, and transportation links. The property appears to be in need of some modernisation and updating. The interior photos show dated fixtures and fittings, and some areas require attention, such as repainting and potential repairs. The kitchen and bathrooms show signs of age and would benefit from refurbishment. The garden is relatively small but provides some outdoor space. Considering the average house price in the area is significantly higher (£447,117), and the average price per sqft is £431, the list price of £220,000 for this property might seem reasonable, especially given its condition. However, the lack of sqft data for comparable properties makes a precise price comparison difficult. The property’s need for modernisation should be factored into any valuation. The smaller plot size compared to the average in the area could also influence the price. The property benefits from its location near schools and transportation, and the presence of a garden, however small, adds value. The need for renovations is a significant factor affecting its overall value.

Therefore, we give this property 5 / 10. *Disclaimer: This is our option and does constitute a recommendation or financial advice. Do your own research. *

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