Belvoir says ..
We are delighted to offer this excellent investment opportunity – a block of three individual, self-contained one-bedroom flats located in the ever-popular Western Park area. Currently generating £18,600 per annum, this well-presented property on Glenfield Road is ideally situated ...
Property Oracle says ..
The property is a block of apartments located on Glenfield Road in Leicester. The list price is £350,000, and the property has 3 bedrooms and 3 bathrooms across 1,228.70 sqft. The plot size is 2,039.00 sqft. The average property price in the area is £522,019, with an average size of 1,460 sqft and an average price per sqft of £357. Nearby properties range in price from £110,000 to £270,000, with most being terraced houses. The provided images show the interior of the apartments, which appear to be in generally good condition, although some areas may benefit from minor updates or modernisation. There is a fireplace present in one of the living areas. The kitchen and bathrooms appear functional but not necessarily modern. The location is close to several schools, including Inglehurst Infant and Junior Schools (both rated ‘Good’ by Ofsted), and also within reasonable distance of Leicester train station. This suggests a convenient location with access to amenities and transport links. However, the specific quality of the location is difficult to assess without further information on the immediate surroundings and local facilities. Given the size of the property (1,228.70 sqft) and the average price per sqft in the area (£357), a reasonable price might be expected to be in the region of £438,000 (£357 x 1,228.70). The list price of £350,000 is therefore below the estimated average, suggesting it could represent good value, depending on the condition of the property and other factors. However, the lack of information on the condition of the property and the surrounding area makes it difficult to provide a definitive assessment.
Therefore, we give this property 7 / 10. *Disclaimer: This is our option and does constitute a recommendation or financial advice. Do your own research. *
- Price
- 8
- Condition
- 7
- Location
- 7
- Land
- 6
- Bedrooms
- 3
- Bathrooms
- 3
- Sqft (est)
- 1,228.70
- Lot (est)
- 2,039.00
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
- 405,471.00 £Increased by 24.06 %
- Average area rental value
- 993.00 £/moIncreased by 19.93 %
- Est letting value
- 1,228.70 £/mo
- Est rental Yield
- 5.00 %Increased by 23.76 %
- Crime Rate
- 6.00 %Unchanged by 0.00 %
Agent Activity
Belvoir created the listing.
Nearby Schools
| Name | Type | Ofsted | Distance |
|---|---|---|---|
| Cherryleas Assessment Centre | Miscellaneous | 0.57 KM | |
| West End Sure Start Children'S Centre | Children's Centre Linked Site | 0.77 KM | |
| Inglehurst Infant School | Community School | Good | 0.78 KM |
| Inglehurst Junior School | Community School | Good | 0.80 KM |
| Christ The King Catholic Voluntary Academy | Academy Converter | 0.81 KM |
Images
Nearby Streets
| Name | Average Price | Average Sqft | Distance |
|---|---|---|---|
| Minehead Street | £ 172,500 | 0 | 0.00 KM |
| Sandhurst Close | £ 0 | 0 | 0.00 KM |
| Tewkesbury Street | £ 285,515 | 0 | 0.00 KM |
| Tudor Close | £ 0 | 0 | 0.00 KM |
| Garland Crescent | £ 525,000 | 0 | 0.00 KM |
Nearby Transport
| Name | NLC | TLC | Distance |
|---|---|---|---|
| Leicester | 1947 | LEI | 3.49 KM |
| South Wigston | 1949 | SWS | 6.39 KM |
| Narborough | 1881 | NBR | 8.78 KM |
Nearby Listings
| Address | Price | Type | Score | Distance |
|---|---|---|---|---|
| Glenfield Road, Leicester, LE3 | £ 350,000 | BUY | 7 / 10 | 0.00 KM |
| Henton Road, Leicester | £ 199,950 | BUY | 7 / 10 | 0.02 KM |
| Glenfield Road, Leicester | £ 375,000 | BUY | 6 / 10 | 0.06 KM |
| Muriel Road, Leicester, LE3 | £ 180,000 | BUY | 6 / 10 | 0.07 KM |
| St. Dunstan Road, Leicester | £ 250,000 | BUY | 5 / 10 | 0.07 KM |
Nearby Properties
| Address | Price | Distance |
|---|---|---|
| 42 Glenfield Road | £ 116,000 | 0.03 KM |
| 40 Glenfield Road | £ 220,000 | 0.03 KM |
| 1 Franche Road | £ 267,950 | 0.06 KM |
| 5 Franche Road | £ 145,000 | 0.06 KM |
| 13 Franche Road | £ 147,000 | 0.06 KM |