Ratby Lane, Markfield, Leicester, Leicestershire
AN

Ratby Lane, Markfield, Leicester, Leicestershire

By ANDERSON BRIGGS

£ 270,000

Reviews

3 out of 5 stars

ANDERSON BRIGGS says ..

HIGHLY DESIRED LOCATION - Fall in love with this characterful detached family home, Ideally located on Markfield's sought-after Ratby Lane. The property has the additional benefit of an extended snug diner to the rear and two generously sized double bedrooms

Property Oracle says ..

This two-bedroom property located in Markfield, Leicestershire, presents a mixed bag in terms of its overall appeal. Situated in the generally sought-after Markfield village, it benefits from proximity to schools that have good Ofsted ratings (although the precise distances from the property are not explicitly detailed). The immediate surroundings seem pleasant, although the photos reveal ongoing building work close by (on the neighbouring property).

Inside, the house shows a blend of updated and outdated features. The living room appears to have been recently renovated or redecorated, giving it a modern feel, while the kitchen, although functional, is likely in need of modernization. The bathrooms are presented as slightly dated. The property’s overall interior appears generally well-maintained, although certain aspects might benefit from renovation.

The outdoor space includes a garden, though its size seems modest from the photos provided. It lacks the extensive or manicured aesthetic of some higher-priced homes in the vicinity. The plot size is not detailed in the listing information.

Considering the current market in Markfield, the listed price of £270,000 for this two-bedroom property is generally lower than what comparable properties are listed for in the area; however, the property does need some work. The comparatively low price is balanced by the need for some upgrading and renovation. Potential buyers should carefully consider the cost of any necessary renovations when evaluating the overall value proposition.

Therefore, we give this property 6 / 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
4
Bedrooms
2
Bathrooms
1
Sqft (est)
1,329.34

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
330,704.00 £
Increased by 14.80 %
from 288,066.00 £
Est sale value
477,233.06 £
Increased by 27.30 %
from 374,873.88 £
Average area rental value
1,132.00 £/mo
Increased by 0.35 %
from 1,128.00 £/mo
Est letting value
1,329.34 £/mo
Unchanged by 0.00 %
from 1,329.34 £/mo
Est rental Yield
4.11 %
Decreased by 12.55 %
from 4.70 %
Crime Rate
19.00 %
Unchanged by 0.00 %
from 19.00 %

Agent Activity

  • ANDERSON BRIGGS created the listing.

Nearby Schools

NameTypeOfstedDistance
Mercenfeld Primary SchoolAcademy ConverterRequires improvement1.22 KM
Newtown Linford Primary SchoolAcademy ConverterGood3.59 KM
South Charnwood High SchoolAcademy ConverterGood4.13 KM
Martinshaw Primary SchoolCommunity SchoolGood4.19 KM
Ratby Primary SchoolAcademy ConverterGood4.44 KM

Images

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Nearby Streets

NameAverage PriceAverage SqftDistance
The Paddock £ 350,00000.00 KM
The Nook £ 000.00 KM
Croft Way £ 302,50000.00 KM
Polly Bott's Lane £ 2,600,00000.00 KM
M1 £ 000.00 KM

Nearby Listings

AddressPriceTypeScoreDistance
Ratby Lane, Markfield, Leicester, Leicestershire £ 270,000BUY6 / 100.00 KM
Ratby Lane, Markfield, LE67 £ 375,000BUY6 / 100.05 KM
Jacqueline Road, Field Head, Markfield £ 350,000BUY7 / 100.07 KM
£0 £ 375,000BUYUnknown0.08 KM
Leicester Road, Markfield, Leicestershire £ 300,000BUY7 / 100.17 KM

Nearby Properties

AddressPriceDistance
11 Link Rise £ 328,0000.14 KM
2 Link Rise £ 282,0000.14 KM
3 Link Rise £ 265,0000.14 KM
1 Link Rise £ 265,0000.15 KM
8 Link Rise £ 250,0000.15 KM