The Pick Building, Wellington Street, Leicester
JA

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 %
from 295,097.00 £
Est sale value
274,983.12 £
Increased by 23.65 %
from 222,390.72 £
Average area rental value
1,032.00 £/mo
Decreased by 0.77 %
from 1,040.00 £/mo
Est letting value
751.32 £/mo
Unchanged by 0.00 %
from 751.32 £/mo
Est rental Yield
4.52 %
Increased by 6.86 %
from 4.23 %
Crime Rate
17.00 %
Unchanged by 0.00 %
from 17.00 %

Agent Activity

  • James Sellicks Estate Agents created the listing.

Nearby Schools

NameTypeOfstedDistance
Beauchamp City Sixth FormFree Schools 16 To 190.43 KM
The Children'S Hospital SchoolFoundation Special SchoolOutstanding0.53 KM
De Montfort UniversityHigher Education InstitutionsGood0.86 KM
Leicester CollegeFurther EducationGood0.97 KM
Hazel Community Primary SchoolCommunity SchoolGood1.08 KM

Images

The Pick Building Historical Pick Building Communal Entrance Hall Private Entrance Hall Open plan living area Bathroom Kitchen Area Bedroom Open plan living area Open plan living area Bedroom The Pick Building The Pick Building Communal Entrance Hall Open plan living area

Nearby Streets

NameAverage PriceAverage SqftDistance
Wellington Street £ 255,00000.00 KM
King Street £ 000.00 KM
Mill Street £ 74,40000.00 KM
Duke Street £ 000.00 KM
Town Hall Square £ 000.00 KM

Nearby Transport

NameNLCTLCDistance
Leicester1947LEI0.70 KM
South Wigston1949SWS5.48 KM
Syston1900SYS8.86 KM

Nearby Listings

AddressPriceTypeScoreDistance
The Pick Building, Wellington Street, Leicester £ 190,000BUY6 / 100.00 KM
Wellington Street, Leicester £ 170,000BUYUnknown0.03 KM
Albion Street, Leicester, LE1 6AN £ 100,000BUYUnknown0.08 KM
Albion Street, Leicester, LE1 6AN £ 100,000BUYUnknown0.08 KM
Albion Street, Leicester, LE1 6AN £ 100,000BUYUnknown0.08 KM

Nearby Properties

AddressPriceDistance
11 New Walk £ 450,0000.17 KM
10 Princess Road West £ 380,0000.19 KM
7 New Walk £ 505,0000.20 KM
69 King Street £ 337,0000.22 KM
40 Welford Road £ 90,0000.22 KM