McCarthy & Stone Resales says ..

Property Oracle says ..

Oadby is a popular and desirable residential area in Leicestershire, known for its good schools and convenient amenities. The property’s proximity to several primary schools, including Glenmere Community Primary School (rated Outstanding by Ofsted), makes it attractive to families. The relatively close distance to Leicester train station also provides good transport links. These factors contribute to a positive location score. The property appears to be in good condition based on the provided images. The interior is clean and well-maintained, with modern fixtures and fittings. There is no visible evidence of significant wear and tear or the need for major renovations. The property includes access to communal gardens, which offer a pleasant outdoor space for residents. While it does not have a private garden, the communal area provides some green space. The list price of £125,000 is significantly below the average price for the area (£285,122). Considering the property’s good condition and desirable location, this price point may represent good value for money, especially when compared to similar properties in the area. However, the smaller size of the apartment (345 sqft) compared to the average (913 sqft) needs to be taken into account. The average price per sqft in the area is £312, while this property’s price per sqft is considerably lower. This suggests that the list price is reasonable, particularly in light of the apartment’s size and the lower average price per sqft for similar properties on Sandhurst Street.

Therefore, we give this property 8 / 10. *Disclaimer: This is our option and does constitute a recommendation or financial advice. Do your own research. *

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