Mere Road, Spinney Hills, Leicester, LE5
By Kings Real Estate
£ 330,000
Reviews
2 out of 5 stars
Kings Real Estate says ..
Kings are excited to present this four-bedroom terraced house on Mere Road in the Spinney Hill area. This property can be found in a very much sought-after area due to its convenience being found just off Green Lane Road and St. Saviours Road, being within close proximity to local amenities inclu...
Property Oracle says ..
This four-bedroom terraced house in Spinney Hills, Leicester, presents a mixed bag. Its location is a strong point, offering proximity to various amenities and schools. The nearby schools such as Sacred Heart Catholic Voluntary Academy and Bridge Junior School are within reasonable walking distance. The area also benefits from transport links to Leicester city center. However, the property’s condition is somewhat inconsistent. Some rooms look habitable but could benefit from updating, while other areas, such as the bathroom, clearly require repairs and modernisation. The small patio space offers some outdoor area but is not particularly substantial. In terms of price, £330,000 appears to be within the range of comparable properties in the area, making it a reasonable, but not exceptionally good, value for money, given the needed renovation work. A potential buyer should factor in refurbishment costs when considering this property. Overall, the property could be a suitable option for a family or group of professionals seeking a property needing some updating and work in a well-connected area of Leicester. The average price per square foot for nearby properties would be essential for a more accurate pricing assessment.
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
- 7
- Condition
- 5
- Location
- 7
- Land
- 3
- Bedrooms
- 4
- Bathrooms
- 1
- Sqft (est)
- 1,220.63
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
- 430,000.00 £Decreased by 17.39 %
- Est sale value
- 592,005.55 £Increased by 23.41 %
- Average area rental value
- 1,715.00 £/moIncreased by 5.67 %
- Est letting value
- 1,220.63 £/moUnchanged by 0.00 %
- Est rental Yield
- 4.79 %Increased by 28.07 %
- Crime Rate
- 9.00 %Unchanged by 0.00 %
Agent Activity
Kings Real Estate created the listing.
Nearby Schools
| Name | Type | Ofsted | Distance |
|---|---|---|---|
| St Saviours Sure Start Children'S Centre | Children's Centre Linked Site | 0.23 KM | |
| Sacred Heart Catholic Voluntary Academy | Academy Converter | Requires improvement | 0.23 KM |
| Bridge Junior School | Community School | Good | 0.23 KM |
| Green Lane Infant School | Academy Converter | 0.37 KM | |
| Jameah Boys Academy | Other Independent School | 0.39 KM |
Images
Nearby Streets
| Name | Average Price | Average Sqft | Distance |
|---|---|---|---|
| Mount Avenue | £ 220,000 | 0 | 0.00 KM |
| Hartington Road | £ 290,000 | 0 | 0.00 KM |
| Kingfisher Avenue | £ 0 | 0 | 0.00 KM |
| Grove Road | £ 0 | 0 | 0.00 KM |
| Florence Road | £ 0 | 0 | 0.00 KM |
Nearby Transport
| Name | NLC | TLC | Distance |
|---|---|---|---|
| Leicester | 1947 | LEI | 2.04 KM |
| South Wigston | 1949 | SWS | 6.81 KM |
| Syston | 1900 | SYS | 6.90 KM |
Nearby Listings
| Address | Price | Type | Score | Distance |
|---|---|---|---|---|
| Mere Road, Spinney Hills, Leicester, LE5 | £ 330,000 | BUY | 5 / 10 | 0.00 KM |
| 56 Prospect Hill, Spinney Hill, Leicester, LE5 3RS | £ 145,000 | BUY | 6 / 10 | 0.04 KM |
| Mere Road, Spinney Hills, Leicester | £ 265,000 | BUY | 5 / 10 | 0.05 KM |
| Prospect Hill, LEICESTER | £ 170,000 | BUY | 5 / 10 | 0.10 KM |
| Prospect Hill, Leicester | £ 315,000 | BUY | 6 / 10 | 0.13 KM |
Nearby Properties
| Address | Price | Distance |
|---|---|---|
| 124 Mere Road | £ 80,000 | 0.04 KM |
| 94 Mere Road | £ 138,000 | 0.04 KM |
| 82 Mere Road | £ 221,000 | 0.04 KM |
| 120 Mere Road | £ 129,950 | 0.04 KM |
| 76 Mere Road | £ 210,000 | 0.04 KM |