Flat 35 Time House, Duke Street, Leicester, LE1 6WB
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Flat 35 Time House, Duke Street, Leicester, LE1 6WB

By Shonki Brothers

£ 62,000

Reviews

2 out of 5 stars

Shonki Brothers says ..

*For Sale by Auction on 19/02/2025. Leasehold Investment. Fourth floor flat situated in Leicester City Centre having electric heating and double glazing let on Assured Shorthold Tenancy. The Flat benefits from secure underground car parking.

Property Oracle says ..

This is a two-bedroom flat located in the Castle area of Leicester city centre, specifically at Flat 35 Time House, Duke Street, LE1 6WB. The property is being sold at auction on 19/02/2025, and described as a Leasehold Investment, suggesting potential for rental income. The interior photographs show a recently renovated or refurbished flat with a modern bathroom and kitchen. The flat appears to be in good condition, based on the images. The building itself has a traditional brick exterior that seems well-maintained. The address puts the flat in a convenient location within Leicester, relatively close to Leicester train station, and several schools, including the well-regarded Children’s Hospital School. The lack of information on the size of the property (square footage) is a notable shortcoming in the property listing, preventing a definitive comparison to similar properties in the area. The availability of secure underground parking is a positive feature. The auction format introduces inherent uncertainty as the final sale price may be lower or higher than the listed price. Overall, this flat presents a potentially viable investment opportunity, especially for those seeking rental income in the city centre but more information is required for a full assessment of value and potential risks.

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
0

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
273,747.00 £
Decreased by 7.23 %
from 295,097.00 £
Average area rental value
1,032.00 £/mo
Decreased by 0.77 %
from 1,040.00 £/mo
Est rental Yield
4.52 %
Increased by 6.86 %
from 4.23 %
Crime Rate
16.00 %
Unchanged by 0.00 %
from 16.00 %

Agent Activity

  • Shonki Brothers created the listing.

Nearby Schools

NameTypeOfstedDistance
The Children'S Hospital SchoolFoundation Special SchoolOutstanding0.34 KM
Beauchamp City Sixth FormFree Schools 16 To 190.58 KM
De Montfort UniversityHigher Education InstitutionsGood0.73 KM
Leicester CollegeFurther EducationGood0.83 KM
Hazel Community Primary SchoolCommunity SchoolGood0.89 KM

Images

Nearby Streets

NameAverage PriceAverage SqftDistance
Mill Street £ 74,40000.00 KM
King Street £ 000.00 KM
Duke Street £ 000.00 KM
Pelham Way £ 000.00 KM
Wellington Street £ 255,00000.00 KM

Nearby Transport

NameNLCTLCDistance
Leicester1947LEI0.86 KM
South Wigston1949SWS5.34 KM
Syston1900SYS9.06 KM

Nearby Listings

AddressPriceTypeScoreDistance
Duke Street, City Centre, Leicester, LE1 £ 119,000BUY6 / 100.00 KM
Duke Street, City Centre, Leicester, LE1 £ 120,000BUY5 / 100.00 KM
Duke Street, Leicester £ 140,000BUY5 / 100.00 KM
Flat 35 Time House, Duke Street, Leicester, LE1 6WB £ 62,000BUY5 / 100.00 KM
Time House, 3 Duke Street, Leicester, Leicestershire, LE1 £ 100,000BUY5 / 100.00 KM

Nearby Properties

AddressPriceDistance
40 Welford Road £ 90,0000.03 KM
42 Welford Road £ 130,0000.03 KM
112 Welford Road £ 205,0000.16 KM
106 Welford Road £ 185,0000.16 KM
69 King Street £ 337,0000.17 KM