Granby Street, Leicester, Leicestershire, LE1
By Fortem Property
£ 115,000
Reviews
2 out of 5 stars
Fortem Property says ..
Leicester LE1 - This property is for Investment Purposes. Situated in a prime location, the project offers excellent potential to capitalise on the growing demand for short-term lets in the city centre.
Property Oracle says ..
This studio apartment in Leicester’s city centre presents itself as a potentially appealing investment opportunity, rather than a family home. The property’s location near Leicester train station and several educational institutions makes it attractive for students and young professionals seeking rental accommodation. The apartment boasts a modern, clean, and well-maintained appearance, based on the provided photographs. However, the absence of key details such as square footage, plot size, and whether the property has any outdoor space makes a thorough valuation challenging. Also, the fact that all other similar listings nearby are also priced at 115,000, suggests the price is at the higher end of a reasonable range. The listing emphasizes its suitability for short-term lets, indicating a focus on rental income generation, rather than owner-occupation. Potential buyers or investors should request further information, including the actual size of the property and the specifics of the property’s leasehold or freehold status to make a well-informed decision.
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
- 6
- Condition
- 8
- Location
- 7
- Land
- 1
- Bedrooms
- 0
- Bathrooms
- 0
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 %
- Average area rental value
- 1,032.00 £/moDecreased by 0.77 %
- Est rental Yield
- 4.52 %Increased by 6.86 %
- Crime Rate
- 27.00 %Unchanged by 0.00 %
Agent Activity
Fortem Property created the listing.
Nearby Schools
| Name | Type | Ofsted | Distance |
|---|---|---|---|
| Beauchamp City Sixth Form | Free Schools 16 To 19 | 0.49 KM | |
| The Children'S Hospital School | Foundation Special School | Outstanding | 0.82 KM |
| De Montfort University | Higher Education Institutions | Good | 0.99 KM |
| The Mulberry School | Other Independent Special School | 1.03 KM | |
| Moat Community College | Community School | Good | 1.20 KM |
Images
Nearby Streets
| Name | Average Price | Average Sqft | Distance |
|---|---|---|---|
| Granby Place | £ 0 | 0 | 0.00 KM |
| Town Hall Square | £ 0 | 0 | 0.00 KM |
| York Street | £ 104,333 | 0 | 0.00 KM |
| Wellington Street | £ 255,000 | 0 | 0.00 KM |
| East Gates | £ 0 | 0 | 0.00 KM |
Nearby Transport
| Name | NLC | TLC | Distance |
|---|---|---|---|
| Leicester | 1947 | LEI | 0.66 KM |
| South Wigston | 1949 | SWS | 5.77 KM |
| Syston | 1900 | SYS | 8.57 KM |
Nearby Listings
| Address | Price | Type | Score | Distance |
|---|---|---|---|---|
| Granby Street, Leicester, Leicestershire, LE1 | £ 115,000 | BUY | 5 / 10 | 0.00 KM |
| Granby Street, Leicester | £ 135,000 | BUY | 4 / 10 | 0.05 KM |
| Granby Street, Leicester | £ 190,000 | BUY | 5 / 10 | 0.05 KM |
| Granby Street, Leicester | £ 190,000 | BUY | 4 / 10 | 0.05 KM |
| Rutland Street, LEICESTER | £ 120,000 | BUY | 6 / 10 | 0.07 KM |
Nearby Properties
| Address | Price | Distance |
|---|---|---|
| 54 Granby Street | £ 325,000 | 0.15 KM |
| 52 Granby Street | £ 265,000 | 0.15 KM |
| 47 Clarence Street | £ 500,000 | 0.37 KM |
| 7 Northampton Street | £ 56,000 | 0.39 KM |
| 11 New Walk | £ 450,000 | 0.43 KM |