Ravensthorpe Drive, Loughborough, Leicestershire, LE11
By Frank Innes
£ 125,000
Reviews
2 out of 5 stars
Frank Innes says ..
*** Attention Investors, first time buyers *** Frank Innes bring to the market, this spacious two double bedroomed situated on the first floor, offering a great first time buyer or investment opportunity. This property briefly comprises of entrance hallway, large living room space, kit...
Property Oracle says ..
This two-bedroom, one-bathroom flat located on Ravensthorpe Drive in Loughborough is marketed as suitable for first-time buyers and investors. The property’s size of 611.39 sqft is modest, but it benefits from a convenient location. The provided photographs show a functional living space, although the interior décor appears dated in several areas, particularly the kitchen and bathroom which appear to be in need of updating. While the flat has an adequate living space and bedrooms, the lack of outdoor space (as indicated by a plot size of 0.00 sqft) could be a limiting factor for potential buyers who value a garden or private outdoor area. The list price of £125,000 needs to be evaluated in relation to other comparable properties in the immediate vicinity, which unfortunately have insufficient details on square footage for a direct comparison. The positive aspects of the property include its proximity to Loughborough train station and several schools with good Ofsted ratings. However, prospective buyers should budget for potential renovations or updates, especially to the kitchen and bathroom, to bring the flat to a more contemporary standard. The property may be best suited for investors seeking a rental property or first-time buyers who are prepared to make minor improvements.
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
- 5
- Location
- 7
- Land
- 1
- Bedrooms
- 2
- Bathrooms
- 1
- Sqft (est)
- 611.39
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
- 607,500.00 £Increased by 4.15 %
- Est sale value
- 552,696.56 £Increased by 164.33 %
- Average area rental value
- 1,328.00 £/moDecreased by 13.15 %
- Est letting value
- 611.39 £/mo
- Est rental Yield
- 2.62 %Decreased by 16.83 %
- Crime Rate
- 7.00 %Unchanged by 0.00 %
Agent Activity
Frank Innes created the listing.
Nearby Schools
| Name | Type | Ofsted | Distance |
|---|---|---|---|
| Booth Wood Primary School | Community School | Outstanding | 0.95 KM |
| Ashmount School | Community Special School | Outstanding | 1.12 KM |
| Charnwood College | Academy Sponsor Led | Requires improvement | 1.24 KM |
| Thorpe Acre Junior School | Community School | Good | 1.48 KM |
| De Lisle College Loughborough Leicestershire | Academy Converter | Good | 1.54 KM |
Images
Nearby Streets
| Name | Average Price | Average Sqft | Distance |
|---|---|---|---|
| Ashby Road | £ 0 | 0 | 0.00 KM |
| Oakhurst Court | £ 230,000 | 0 | 0.00 KM |
| Gracedieu Road | £ 0 | 0 | 0.00 KM |
| Ashby Road | £ 0 | 0 | 0.00 KM |
| Back Lane | £ 0 | 0 | 0.00 KM |
Nearby Transport
| Name | NLC | TLC | Distance |
|---|---|---|---|
| Loughborough | 1897 | LBO | 6.15 KM |
Nearby Listings
| Address | Price | Type | Score | Distance |
|---|---|---|---|---|
| Ravensthorpe Drive, Loughborough, Leicestershire, LE11 | £ 125,000 | BUY | 5 / 10 | 0.00 KM |
| Ravensthorpe Drive, Loughborough | £ 85,000 | BUY | 6 / 10 | 0.09 KM |
| Roundhill Way, Loughborough | £ 159,950 | BUY | 5 / 10 | 0.10 KM |
| Leighton Avenue, Loughborough | £ 70,000 | BUY | 6 / 10 | 0.13 KM |
| Grassholme Drive, Loughborough | £ 425,000 | BUY | 6 / 10 | 0.18 KM |
Nearby Properties
| Address | Price | Distance |
|---|---|---|
| 18 Ravensthorpe Drive | £ 147,500 | 0.00 KM |
| 48 Ravensthorpe Drive | £ 189,000 | 0.00 KM |
| 14 Ravensthorpe Drive | £ 99,500 | 0.00 KM |
| 44 Ravensthorpe Drive | £ 49,000 | 0.00 KM |
| 46 Ravensthorpe Drive | £ 136,000 | 0.00 KM |