Mere Road, Spinney Hills, Leicester, LE5
Kings Real Estate logo

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 %
from 520,527.00 £
Est sale value
592,005.55 £
Increased by 23.41 %
from 479,707.59 £
Average area rental value
1,715.00 £/mo
Increased by 5.67 %
from 1,623.00 £/mo
Est letting value
1,220.63 £/mo
Unchanged by 0.00 %
from 1,220.63 £/mo
Est rental Yield
4.79 %
Increased by 28.07 %
from 3.74 %
Crime Rate
9.00 %
Unchanged by 0.00 %
from 9.00 %

Agent Activity

  • Kings Real Estate created the listing.

Nearby Schools

NameTypeOfstedDistance
St Saviours Sure Start Children'S CentreChildren's Centre Linked Site0.23 KM
Sacred Heart Catholic Voluntary AcademyAcademy ConverterRequires improvement0.23 KM
Bridge Junior SchoolCommunity SchoolGood0.23 KM
Green Lane Infant SchoolAcademy Converter0.37 KM
Jameah Boys AcademyOther Independent School0.39 KM

Images

Mere Road, Spinney Hills, Leicester, Leicestershi Gallery Gallery Gallery Gallery Gallery Gallery Gallery Gallery Gallery Gallery Gallery

Nearby Streets

NameAverage PriceAverage SqftDistance
Mount Avenue £ 220,00000.00 KM
Hartington Road £ 290,00000.00 KM
Kingfisher Avenue £ 000.00 KM
Grove Road £ 000.00 KM
Florence Road £ 000.00 KM

Nearby Transport

NameNLCTLCDistance
Leicester1947LEI2.04 KM
South Wigston1949SWS6.81 KM
Syston1900SYS6.90 KM

Nearby Listings

AddressPriceTypeScoreDistance
Mere Road, Spinney Hills, Leicester, LE5 £ 330,000BUY5 / 100.00 KM
56 Prospect Hill, Spinney Hill, Leicester, LE5 3RS £ 145,000BUY6 / 100.04 KM
Mere Road, Spinney Hills, Leicester £ 265,000BUY5 / 100.05 KM
Prospect Hill, LEICESTER £ 170,000BUY5 / 100.10 KM
Prospect Hill, Leicester £ 315,000BUY6 / 100.13 KM

Nearby Properties

AddressPriceDistance
124 Mere Road £ 80,0000.04 KM
94 Mere Road £ 138,0000.04 KM
82 Mere Road £ 221,0000.04 KM
120 Mere Road £ 129,9500.04 KM
76 Mere Road £ 210,0000.04 KM