Moore & York says ..

Property Oracle says ..

The property is a 2-bedroom apartment located in the Abbey area of Leicester, Leicestershire. It is listed at £140,000 and has 620 sqft of living space. The apartment benefits from a private balcony. The location scores well, with several primary and secondary schools within a 1km radius, including the outstanding-rated Children’s Hospital School. Leicester train station is also relatively close, providing convenient transport links. The proximity to De Montfort University could also be attractive to students or investors. The apartment appears to be in good condition, based on the images provided. The kitchen and bathroom look recently updated and well-maintained. The exposed brickwork adds character to the property. The overall presentation is modern and clean. The property has a small balcony, offering some outdoor space, however it lacks a garden. Considering the average price per sqft in the area is £380, and this property is listed at approximately £226 per sqft, the list price appears reasonable, and potentially represents good value for money, especially considering the modern condition of the apartment and its central location. However, it’s important to note that the average price in the area is significantly higher (£340,786) and that the average sqft is also larger (896 sqft). This suggests that this property may be smaller than average for the area. Further investigation into comparable properties in the immediate vicinity would be beneficial to confirm the price accuracy.

Therefore, we give this property 6 / 10. *Disclaimer: This is our option and does constitute a recommendation or financial advice. Do your own research. *

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