Knightsbridge Estate Agents & Valuers says ..

Property Oracle says ..

The property is a 3-bedroom apartment located in the Zenith Building on Colton Street, Leicester. The apartment is modern and well-presented, with a contemporary kitchen and bathroom. It benefits from a private balcony offering views of the city, including Leicester Cathedral. The location is good, with Leicester train station within walking distance, providing convenient access to other parts of the UK. Several schools are also nearby, including Moat Community College which has a good Ofsted rating. Colton Street itself has an average rental price of £800 per month, suggesting a reasonably strong rental market in the area. Based on the images, the apartment appears to be in excellent condition and well-maintained. There is no evidence of any significant repairs or renovations needed. The property lacks a garden or any significant outdoor space, which is typical for an apartment. The plot size is listed as 0.00 sqft. The list price of £280,000 seems reasonable when compared to the average price of £302,231 for properties in the area. While the average price per sqft in the area is £288, this apartment’s sqft is not provided, making a direct comparison difficult. However, considering the apartment’s modern condition, central location, and proximity to amenities, the asking price appears competitive within the Leicester market. Nearby comparable apartments are listed at prices ranging from £100,000 to £165,000 but these lack the modern finishes and private balcony of the subject property.

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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