The Pick Building, Wellington Street, Leicester
By James Sellicks Estate Agents
£ 190,000
Reviews
3 out of 5 stars
James Sellicks Estate Agents says ..
A spacious and beautifully presented, one bedroom apartment located within the highly sought-after former Pick Knitwear Factory. Converted over 20 years ago, The Pick Building is still considered the flagship within Leicester; first real factory conversion in the city to boast “New York style” lo...
Property Oracle says ..
The property is a 1-bedroom apartment located in the Castle area of Leicester, in a building called The Pick Building on Wellington Street. The apartment is 751.32 sqft and is listed at £190,000.
The location is good, with several schools and a train station within a reasonable distance. The nearby schools include Beauchamp City Sixth Form (0.43km), The Children’s Hospital School (0.53km), De Montfort University (0.86km), Leicester College (0.97km), and Hazel Community Primary School (1.08km). Leicester train station is 0.70km away. This makes the property attractive to students and those who commute by train. However, the lack of plot size is a significant drawback.
Based on the provided images, the property appears to be in good condition. The apartment has been recently renovated or updated, with modern fixtures and fittings. The exposed brickwork adds character. The flooring appears to be in good condition. There is no evidence of significant wear or damage.
The property has no outdoor space. This is a significant factor to consider, especially for those who value a garden or outdoor area.
Considering the average price per sqft in the area is £288, and the apartment is listed at £190,000, the price seems reasonable. The apartment is smaller than the average size for the area (751.32 sqft vs 1,047 sqft) but the price reflects this. Nearby comparable apartments are listed at similar prices, ranging from £70,000 to £170,000. The fact that this property is a modern conversion in a desirable location supports its price.
Therefore, we give this property 6 / 10. *Disclaimer: This is our option and does constitute a recommendation or financial advice. Do your own research. *
- Price
- 7
- Condition
- 8
- Location
- 8
- Land
- 1
- Bedrooms
- 1
- Bathrooms
- 1
- Sqft (est)
- 751.32
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
- 274,983.12 £Increased by 23.65 %
- Average area rental value
- 1,032.00 £/moDecreased by 0.77 %
- Est letting value
- 751.32 £/moUnchanged by 0.00 %
- Est rental Yield
- 4.52 %Increased by 6.86 %
- Crime Rate
- 17.00 %Unchanged by 0.00 %
Agent Activity
James Sellicks Estate Agents created the listing.
Nearby Schools
| Name | Type | Ofsted | Distance |
|---|---|---|---|
| Beauchamp City Sixth Form | Free Schools 16 To 19 | 0.43 KM | |
| The Children'S Hospital School | Foundation Special School | Outstanding | 0.53 KM |
| De Montfort University | Higher Education Institutions | Good | 0.86 KM |
| Leicester College | Further Education | Good | 0.97 KM |
| Hazel Community Primary School | Community School | Good | 1.08 KM |
Images
Nearby Streets
| Name | Average Price | Average Sqft | Distance |
|---|---|---|---|
| Wellington Street | £ 255,000 | 0 | 0.00 KM |
| King Street | £ 0 | 0 | 0.00 KM |
| Mill Street | £ 74,400 | 0 | 0.00 KM |
| Duke Street | £ 0 | 0 | 0.00 KM |
| Town Hall Square | £ 0 | 0 | 0.00 KM |
Nearby Transport
| Name | NLC | TLC | Distance |
|---|---|---|---|
| Leicester | 1947 | LEI | 0.70 KM |
| South Wigston | 1949 | SWS | 5.48 KM |
| Syston | 1900 | SYS | 8.86 KM |
Nearby Listings
| Address | Price | Type | Score | Distance |
|---|---|---|---|---|
| The Pick Building, Wellington Street, Leicester | £ 190,000 | BUY | 6 / 10 | 0.00 KM |
| Wellington Street, Leicester | £ 170,000 | BUY | Unknown | 0.03 KM |
| Albion Street, Leicester, LE1 6AN | £ 100,000 | BUY | Unknown | 0.08 KM |
| Albion Street, Leicester, LE1 6AN | £ 100,000 | BUY | Unknown | 0.08 KM |
| Albion Street, Leicester, LE1 6AN | £ 100,000 | BUY | Unknown | 0.08 KM |
Nearby Properties
| Address | Price | Distance |
|---|---|---|
| 11 New Walk | £ 450,000 | 0.17 KM |
| 10 Princess Road West | £ 380,000 | 0.19 KM |
| 7 New Walk | £ 505,000 | 0.20 KM |
| 69 King Street | £ 337,000 | 0.22 KM |
| 40 Welford Road | £ 90,000 | 0.22 KM |