Morledge Street, Leicester, LE1 1ST
EX

Morledge Street, Leicester, LE1 1ST

By eXp UK

£ 110,000

Reviews

2 out of 5 stars

eXp UK says ..

Viewing Reference JB0959 PRIME CITY CENTRE INVESTMENT OPPORTUNITY - TWO-BED APARTMENT WITH EXCELLENT YIELDS! Looking for that perfect investment property in Leicester's thriving heart? Welcome to 117 The Atrium, where opportunity meets urban sophistication. This sleek two-bedroom...

Property Oracle says ..

This 2-bedroom, 1-bathroom apartment in Leicester city centre presents a potentially attractive option for buyers. Situated on Morledge Street, it offers a convenient location near Leicester train station, making it easy to access transportation links. The nearby presence of schools, like The Mulberry School and Moat Community College, makes it family-friendly too. Moreover, being part of the cultural quarter adds to its appeal.

The interior photos reveal a modern apartment with a functional layout. The kitchen is equipped with basic appliances, and the living area is relatively spacious. While the apartment’s finishes are straightforward, it appears to be in acceptable condition. There’s no indication of substantial renovations needed. However, the lack of outdoor space is a definite drawback. The absence of a garden or balcony is typical for city centre living, but it might not be ideal for everyone.

The pricing of \£110,000 warrants consideration. While some nearby properties command higher prices, others are considerably lower. The absence of square footage data for other nearby properties makes a precise price per square foot comparison challenging. However, given its location and features, the asking price appears reasonably competitive in the Leicester city centre market. Potential buyers should carefully compare it to similar properties in the area before making a decision. It is important to do further research beyond the provided data, including a full survey, to verify its condition and value before purchase.

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
7
Land
1
Bedrooms
2
Bathrooms
1
Sqft (est)
928.93

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
339,988.38 £
Increased by 23.65 %
from 274,963.28 £
Average area rental value
1,032.00 £/mo
Decreased by 0.77 %
from 1,040.00 £/mo
Est letting value
928.93 £/mo
Unchanged by 0.00 %
from 928.93 £/mo
Est rental Yield
4.52 %
Increased by 6.86 %
from 4.23 %
Crime Rate
6.00 %
Unchanged by 0.00 %
from 6.00 %

Agent Activity

  • eXp UK created the listing.

Nearby Schools

NameTypeOfstedDistance
The Mulberry SchoolOther Independent Special School0.45 KM
Beauchamp City Sixth FormFree Schools 16 To 190.58 KM
Moat Community CollegeCommunity SchoolGood0.69 KM
St Matthews Sure Start Children'S CentreChildren's Centre0.84 KM
Highfields Sure Start Children'S CentreChildren's Centre Linked Site0.84 KM

Images

Nearby Streets

NameAverage PriceAverage SqftDistance
Queen Street £ 000.00 KM
St Georges Way £ 000.00 KM
St Georges Way £ 000.00 KM
Clyde Street £ 000.00 KM
Colton Street £ 000.00 KM

Nearby Transport

NameNLCTLCDistance
Leicester1947LEI0.46 KM
South Wigston1949SWS6.00 KM
Syston1900SYS8.10 KM

Nearby Listings

AddressPriceTypeScoreDistance
Morledge Street, Leicester, LE1 1ST £ 110,000BUY5 / 100.00 KM
Morledge Street, Leicester £ 140,000BUY5 / 100.00 KM
Morledge Street, Leicester £ 110,000BUY7 / 100.01 KM
Morledge Street, Leicester, LE1 £ 125,000BUY5 / 100.02 KM
Morledge Street, Leicester £ 120,000BUY6 / 100.02 KM

Nearby Properties

AddressPriceDistance
7 Northampton Street £ 56,0000.34 KM
47 Clarence Street £ 500,0000.49 KM
52 Granby Street £ 265,0000.50 KM
54 Granby Street £ 325,0000.50 KM
62 Christow Street £ 109,0000.61 KM