The Needleworks, Albion Street, Leicester
JA

The Needleworks, Albion Street, Leicester

By James Sellicks Estate Agents

£ 230,000

Reviews

2 out of 5 stars

James Sellicks Estate Agents says ..

An attractive, two bedroom, two bathroom loft style apartment with secure parking, located on the fourth floor of this renowned modern apartment block.

Property Oracle says ..

This two-bedroom, two-bathroom apartment located at The Needleworks on Albion Street in Leicester’s Castle area presents a compelling opportunity for buyers seeking city-centre living. Its location is undoubtedly a key selling point, offering easy access to Leicester railway station and an array of amenities. The proximity to several educational institutions may appeal to families and young professionals. While the apartment’s interior is clean and functional, the decor appears somewhat dated. A potential buyer might factor in the costs of modernising or updating the interior to their personal taste. The absence of outdoor space, which is common for city-centre apartments, is a significant consideration. Although specific square footage pricing data for comparable properties is unavailable, the listing price seems reasonably competitive for the area, taking into account its location and features. However, potential buyers should independently verify the value considering their priorities, in the context of the overall Leicester property market. The lack of plot size or exterior space is the primary limitation of the property, as potential buyers with family or those who desire outdoor space might be discouraged.

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
6
Location
8
Land
1
Bedrooms
2
Bathrooms
2
Sqft (est)
964.45

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
352,988.70 £
Increased by 23.65 %
from 285,477.20 £
Average area rental value
1,032.00 £/mo
Decreased by 0.77 %
from 1,040.00 £/mo
Est letting value
964.45 £/mo
Unchanged by 0.00 %
from 964.45 £/mo
Est rental Yield
4.52 %
Increased by 6.86 %
from 4.23 %
Crime Rate
22.00 %
Unchanged by 0.00 %
from 22.00 %

Agent Activity

  • James Sellicks Estate Agents created the listing.

Nearby Schools

NameTypeOfstedDistance
Beauchamp City Sixth FormFree Schools 16 To 190.24 KM
The Children'S Hospital SchoolFoundation Special SchoolOutstanding0.68 KM
Leicester CollegeFurther EducationGood1.03 KM
The Mulberry SchoolOther Independent Special School1.05 KM
De Montfort UniversityHigher Education InstitutionsGood1.06 KM

Images

Open Plan Living/Dining Kitchen Kitchen The Needleworks En-Suite Private Entrance Hall Open Plan Living/Dining Kitchen Bedroom Bedroom Bedroom Open Plan Living/Dining Kitchen Open Plan Living/Dining Kitchen Bathroom

Nearby Streets

NameAverage PriceAverage SqftDistance
York Street £ 104,33300.00 KM
Wellington Street £ 255,00000.00 KM
King Street £ 000.00 KM
East Street £ 000.00 KM
Town Hall Square £ 000.00 KM

Nearby Transport

NameNLCTLCDistance
Leicester1947LEI0.50 KM
South Wigston1949SWS5.49 KM
Syston1900SYS8.74 KM

Nearby Listings

AddressPriceTypeScoreDistance
The Needleworks, Albion Street, Leicester £ 230,000BUY5 / 100.00 KM
Albion Street, Leicester City Centre £ 145,000BUY5 / 100.01 KM
Albion Street, Leicester £ 290,000BUY6 / 100.03 KM
The Pick Building, Wellington Street, City Centre, Leicester £ 250,000BUY5 / 100.03 KM
Wellington Street, City Centre £ 170,000BUYUnknown0.04 KM

Nearby Properties

AddressPriceDistance
7 New Walk £ 505,0000.16 KM
11 New Walk £ 450,0000.17 KM
54 Granby Street £ 325,0000.21 KM
52 Granby Street £ 265,0000.21 KM
10 Princess Road West £ 380,0000.22 KM