Shires Lane, Leicester, LE1
MO

Shires Lane, Leicester, LE1

By Moore & York

£ 160,000

Reviews

3 out of 5 stars

Moore & York says ..

Beautifully presented two bedroom city centre apartment ideally located within walking distance an excellent range shops, cafes and restaurants and within easy access of the main Leicester railway station and the Demontfort University. The apartment is being sold with no upward chain and ...

Property Oracle says ..

The property is a 2-bedroom, 2-bathroom apartment located in Leicester city centre, specifically in the Castle area. The apartment is part of a modern development, “The Bar Apartments,” and benefits from a private balcony. The location is excellent, with De Montfort University only 0.49 km away. Several other schools are also within a 1 km radius, making it attractive to students and families. Leicester train station is 1.44 km away providing good transport links. The proximity to the city centre suggests easy access to shops, amenities, and places of interest. Based on the photos, the apartment appears to be in excellent condition. It is modern, well-maintained, and finished to a high standard. There is no evidence of wear and tear or the need for renovation. The kitchen and bathrooms are contemporary and well-equipped. The property has a small balcony, but no garden. The plot size is listed as 0.00 sqft, indicating a lack of outdoor space beyond the balcony. The list price of £160,000 is considerably lower than the average price for the area (£302,231). However, the average sqft price in the area is £288, and this property is smaller (830 sqft) than the average (1047 sqft). Considering the modern condition, central location, and the lower price per sqft compared to the average, the list price appears reasonable, especially when compared to other nearby apartments listed for sale. Nearby apartments on Shires Lane are listed between £115,000 and £170,000.

Therefore, we give this property 7 / 10. *Disclaimer: This is our option and does constitute a recommendation or financial advice. Do your own research. *

Price
8
Condition
10
Location
10
Land
2
Bedrooms
2
Bathrooms
2
Sqft (est)
830.00

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 %
from 295,097.00 £
Est sale value
303,780.00 £
Increased by 23.65 %
from 245,680.00 £
Average area rental value
1,032.00 £/mo
Decreased by 0.77 %
from 1,040.00 £/mo
Est letting value
830.00 £/mo
Unchanged by 0.00 %
from 830.00 £/mo
Est rental Yield
4.52 %
Increased by 6.86 %
from 4.23 %
Crime Rate
18.00 %
Unchanged by 0.00 %
from 18.00 %

Agent Activity

  • Moore & York created the listing.

Nearby Schools

NameTypeOfstedDistance
De Montfort UniversityHigher Education InstitutionsGood0.49 KM
Brook Mead AcademyFree Schools0.82 KM
Slater Primary SchoolCommunity SchoolGood0.90 KM
Castle Mead AcademyFree Schools0.91 KM
The Children'S Hospital SchoolFoundation Special SchoolOutstanding0.94 KM

Images

Nearby Streets

NameAverage PriceAverage SqftDistance
High Street £ 000.00 KM
Vaughan Way £ 000.00 KM
Grey Friars £ 000.00 KM
New Street £ 000.00 KM
Silver Street £ 000.00 KM

Nearby Transport

NameNLCTLCDistance
Leicester1947LEI1.44 KM
South Wigston1949SWS5.98 KM
Syston1900SYS8.91 KM

Nearby Listings

AddressPriceTypeScoreDistance
Shires Lane, Leicester, LE1 £ 160,000BUY7 / 100.00 KM
Shires Lane, Leicester £ 120,000BUY5 / 100.00 KM
Shires Lane, Leicester £ 120,000BUYUnknown0.00 KM
Shires Lane, Leicester £ 170,000BUYUnknown0.00 KM
Shires Lane, Leicester £ 120,000BUY6 / 100.00 KM

Nearby Properties

AddressPriceDistance
8 Osborne Road £ 615,0000.35 KM
30 Friar Lane £ 279,5000.35 KM
13 Castle Street £ 190,0000.46 KM
11 Castle Street £ 187,0000.46 KM
9 Castle Street £ 185,0000.46 KM