The Ridings, Rothley, Leicester
By Alexanders
£ 1,000,000
Reviews
3 out of 5 stars
Alexanders says ..
A rare opportunity to purchase a detached, spacious single storey home ripe for modernisation or redevelopment (STP) set in an established plot of c. 1 acre and situated in one of the most desirable locations in Leicestershire.
Property Oracle says ..
This five-bedroom, two-bathroom bungalow located in The Ridings, Rothley, Leicestershire, presents a compelling blend of potential and present challenges. The property boasts a spacious layout, extensive garden, and a desirable location within a sought-after area of Leicestershire. The large plot size suggests potential for expansion or development, subject to planning permission (STP). However, the property’s current condition requires attention. The interior decor appears somewhat dated and could benefit from modernisation. While the exterior looks generally well-maintained, there are some visible signs of aging, such as moss growth on the roof and the condition of some landscaping elements, suggesting potential repair costs. The asking price aligns with the average property price in the immediate neighborhood, making it a relatively reasonable investment, provided a potential buyer factors in costs associated with renovating and modernising the property to increase its value. In summary, this property provides a strong foundation for a future home, but should be viewed with careful consideration of the required investment in renovations and modernisation.
Therefore, we give this property 7 / 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
- 7
- Bedrooms
- 5
- Bathrooms
- 2
- Sqft (est)
- 3,801.60
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
- 566,250.00 £Increased by 18.62 %
- Est sale value
- 1,224,115.20 £Decreased by 3.88 %
- Average area rental value
- 1,093.00 £/moDecreased by 15.53 %
- Est letting value
- 0.00 £/mo
- Est rental Yield
- 2.32 %Decreased by 28.62 %
- Crime Rate
- 0.00 %
Agent Activity
Alexanders created the listing.
Nearby Schools
| Name | Type | Ofsted | Distance |
|---|---|---|---|
| Mountsorrel Sure Start Children'S Centre | Children's Centre | 2.07 KM | |
| Christ Church & Saint Peter'S Cofe Primary School | Academy Sponsor Led | Good | 2.15 KM |
| Richard Hill Church Of England Primary School | Academy Converter | 2.40 KM | |
| Rothley Church Of England Primary School | Academy Converter | Good | 2.41 KM |
| Homefield College | Special Post 16 Institution | Good | 2.77 KM |
Images
Nearby Streets
| Name | Average Price | Average Sqft | Distance |
|---|---|---|---|
| Brownhill Crescent | £ 1,200,000 | 0 | 0.00 KM |
| York Close | £ 475,000 | 0 | 0.00 KM |
| Arundel Close | £ 0 | 0 | 0.00 KM |
| Rosslyn Avenue | £ 0 | 0 | 0.00 KM |
| Kenilworth Close | £ 0 | 0 | 0.00 KM |
Nearby Transport
| Name | NLC | TLC | Distance |
|---|---|---|---|
| Barrow-Upon-Soar | 1903 | BWS | 4.41 KM |
| Sileby | 1902 | SIL | 5.15 KM |
| Syston | 1900 | SYS | 7.83 KM |
| Loughborough | 1897 | LBO | 9.10 KM |
| Leicester | 1947 | LEI | 9.24 KM |
Nearby Listings
| Address | Price | Type | Score | Distance |
|---|---|---|---|---|
| The Ridings, Rothley | £ 1,250,000 | BUY | Unknown | 0.15 KM |
| Westfield Lane, Rothley | £ 1,000,000 | BUY | 7 / 10 | 0.61 KM |
| Westfield Lane, Rothley, LE7 | £ 750,000 | BUY | 6 / 10 | 0.72 KM |
| Westfield Lane, Rothley, Leicester, LE7 7LH | £ 575,000 | BUY | Unknown | 0.73 KM |
| Baum Drive, Mountsorrel, Loughborough, LE12 7WW | £ 425,000 | BUY | 7 / 10 | 0.74 KM |
Nearby Properties
| Address | Price | Distance |
|---|---|---|
| 26 The Ridings | £ 1,200,000 | 0.08 KM |
| 30 The Ridings | £ 900,000 | 0.08 KM |
| 32 The Ridings | £ 965,000 | 0.08 KM |
| 27 The Ridgeway | £ 335,000 | 0.36 KM |
| 23 The Ridgeway | £ 1,100,000 | 0.36 KM |