Andrew Granger says ..

Property Oracle says ..

This three-bedroom bungalow in Leicester’s Stoneygate area presents a mixed bag of features. Its location is a major advantage. Stoneygate and neighbouring Evington are popular residential areas known for their family-friendly atmosphere and access to amenities. Several well-regarded primary schools are conveniently located nearby, enhancing its appeal to families. Transport links to Leicester city centre and beyond appear adequate, although more specific details are needed for a comprehensive evaluation. The property’s condition, however, is a primary concern. The images clearly show an interior in need of significant modernisation and updating. The kitchen, bathroom, and many interior surfaces look dated and require significant renovation work. This would significantly increase the cost of ownership. The property does benefit from a sizeable rear garden, providing outdoor space, which is always a desirable feature. Overall, the property’s value proposition hinges largely on the buyer’s willingness and ability to undertake substantial renovations. The list price of £300,000 represents a potential opportunity for those comfortable with a project, but it may not suit buyers seeking a move-in-ready home. A detailed survey to assess the structural condition and potential costs associated with renovation would be crucial before committing to a purchase.

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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