Shonki Brothers says ..

Property Oracle says ..

This three-bedroom, three-bathroom property located on Havelock Street in Leicester presents a mixed bag in terms of value and livability. The property’s location is a definite plus point. Proximity to schools rated ‘Good’ and ‘Outstanding’ by Ofsted, and its proximity to Leicester train station, makes it an attractive prospect for families, commuters or students. The area also appears to benefit from good transportation links to other parts of Leicestershire and beyond.

However, the condition of the property is more of a concern. The provided images showcase a dated aesthetic across the property. This is particularly evident in the kitchen and bathrooms, which could benefit from significant upgrades. While not dilapidated, the overall level of cosmetic maintenance is fairly low. It’s not in poor condition, but it lacks modern features and stylistic appeal, presenting potential buyers with renovation costs.

The property has a small, relatively compact garden area more suited to low-maintenance than extensive landscaping. Again, this is less of a negative than a modest aspect of the property, rather than a major feature.

The lack of information regarding the property’s square footage is a significant limitation in a complete analysis. In comparison to other nearby properties, this property’s £225,000 asking price appears somewhat high. The average price of nearby listed properties is lower, although it’s important to note there is a variance in property types, indicating that the lack of sqft data significantly hinders the ability to form an accurate pricing comparison, thus the price to sqft cannot be calculated. Overall, the property presents an opportunity but needs careful consideration of the refurbishment costs needed to bring it up to a modern standard.

Therefore, we give this property 5 / 10. *Disclaimer: This is our option and does constitute a recommendation or financial advice. Do your own research. *

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