Connells says ..
An ideal first time buy or buy to let investment offered for sale with no upward chain in the heart of Leicester city centre. This DUPLEX APARTMENT comprises: entrance hall, living room with a separate fitted kitchen, bathroom and two double bedrooms on the mezzanine level.
Property Oracle says ..
The property is a two-bedroom apartment located on Lee Street in Leicester’s Castle area. The apartment appears modern and well-maintained, with a contemporary kitchen and bathroom. The images show a light and airy space with neutral décor. While the exact square footage isn’t provided, similar properties in the area are selling for significantly more. The lack of plot size information prevents a full assessment of land value. The location is convenient, with several schools and Leicester train station within a reasonable distance. However, the average house price in the area is considerably higher than the list price of this apartment, suggesting it may be undervalued, though more information on the apartment’s size is needed to confirm this. The list price of £90,000 appears low compared to other properties in the area, even considering it is an apartment and not a house. Further investigation into the specific size of the property would be beneficial in determining if this is a good value property.
Therefore, we give this property 8 / 10. *Disclaimer: This is our option and does constitute a recommendation or financial advice. Do your own research. *
- Price
- 7
- Condition
- 9
- Location
- 8
- Land
- 0
- Bedrooms
- 2
- Bathrooms
- 1
- Sqft (est)
- 650.00
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
- 273,747.00 £Decreased by 7.23 %
- Est sale value
- 237,900.00 £Increased by 23.65 %
- Average area rental value
- 1,032.00 £/moDecreased by 0.77 %
- Est letting value
- 650.00 £/moUnchanged by 0.00 %
- Est rental Yield
- 4.52 %Increased by 6.86 %
- Crime Rate
- 15.00 %Unchanged by 0.00 %
Agent Activity
Connells created the listing.
Nearby Schools
| Name | Type | Ofsted | Distance |
|---|---|---|---|
| St Matthews Sure Start Children'S Centre | Children's Centre | 0.66 KM | |
| The Mulberry School | Other Independent Special School | 0.70 KM | |
| Taylor Road Primary School | Community School | Good | 0.77 KM |
| Beauchamp City Sixth Form | Free Schools 16 To 19 | 0.82 KM | |
| Moat Community College | Community School | Good | 1.02 KM |
Images
Nearby Streets
| Name | Average Price | Average Sqft | Distance |
|---|---|---|---|
| Fleet Street | £ 0 | 0 | 0.00 KM |
| Byron Street | £ 0 | 0 | 0.00 KM |
| Clyde Street | £ 0 | 0 | 0.00 KM |
| Old Milton Street | £ 0 | 0 | 0.00 KM |
| Queen Street | £ 0 | 0 | 0.00 KM |
Nearby Transport
| Name | NLC | TLC | Distance |
|---|---|---|---|
| Leicester | 1947 | LEI | 0.79 KM |
| South Wigston | 1949 | SWS | 6.26 KM |
| Syston | 1900 | SYS | 8.00 KM |
Nearby Listings
| Address | Price | Type | Score | Distance |
|---|---|---|---|---|
| Lee Street, Leicester | £ 90,000 | BUY | 8 / 10 | 0.00 KM |
| Lee Street, Leicester, Leicestershire, LE1 | £ 100,000 | BUY | 5 / 10 | 0.00 KM |
| Lee Street, Leicester, Leicestershire, LE1 | £ 100,000 | BUY | Unknown | 0.00 KM |
| Lee Street, Leicester | £ 90,000 | BUY | 6 / 10 | 0.00 KM |
| Lee Street, Leicester, Leicestershire, LE1 | £ 92,500 | BUY | 6 / 10 | 0.00 KM |
Nearby Properties
| Address | Price | Distance |
|---|---|---|
| 47 Clarence Street | £ 500,000 | 0.25 KM |
| 6 George Street | £ 106,500 | 0.40 KM |
| 92 Bedford Street North | £ 111,000 | 0.41 KM |
| 88 Bedford Street North | £ 44,950 | 0.41 KM |
| 84 Bedford Street North | £ 140,000 | 0.41 KM |