haart says ..
PRICED TO SELL! Located within close proximity to De Montfort University & Leicester Royal Infirmary , is this superb ground floor apartment which is offered with NO ONWARD CHAIN! This property is absolutely ideal for First Time Buyers or Investors! Call today to arrange your viewing!
Property Oracle says ..
This one-bedroom apartment in Leicester’s Castle area presents a mixed bag of opportunities and challenges for potential buyers. Its prime location near De Montfort University and Leicester Royal Infirmary is a major plus, boosting its appeal to students and young professionals and translating to solid rental potential. The proximity to highly-rated schools like The Children’s Hospital School and Hazel Community Primary School is another advantageous factor. However, the property’s interior requires some attention. The bathroom reveals age and wear, and the rest of the apartment appears dated but functional. The lack of substantial outdoor space is a notable drawback. Regarding the price of £90,000, considering comparable nearby properties, while some are significantly more expensive and some less so, the price seems fair, particularly if one considers the property’s strong location and the potential for rental income. The actual value will ultimately depend on the buyer’s individual priorities and plans. Potential buyers should be prepared to budget for renovations to update the apartment’s interior.
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
- 5
- Location
- 7
- Land
- 1
- Bedrooms
- 1
- Bathrooms
- 1
- Sqft (est)
- 600.00
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 %
- Est sale value
- 219,600.00 £Increased by 23.65 %
- Average area rental value
- 1,032.00 £/moDecreased by 0.77 %
- Est letting value
- 600.00 £/moUnchanged by 0.00 %
- Est rental Yield
- 4.52 %Increased by 6.86 %
- Crime Rate
- 11.00 %Unchanged by 0.00 %
Agent Activity
haart created the listing.
Nearby Schools
| Name | Type | Ofsted | Distance |
|---|---|---|---|
| The Children'S Hospital School | Foundation Special School | Outstanding | 0.18 KM |
| De Montfort University | Higher Education Institutions | Good | 0.51 KM |
| Hazel Community Primary School | Community School | Good | 0.67 KM |
| Leicester College | Further Education | Good | 0.76 KM |
| Beauchamp City Sixth Form | Free Schools 16 To 19 | 0.88 KM |
Images
Nearby Streets
| Name | Average Price | Average Sqft | Distance |
|---|---|---|---|
| Corah Street | £ 75,000 | 0 | 0.00 KM |
| Infirmary Square | £ 0 | 0 | 0.00 KM |
| Winifred Street | £ 0 | 0 | 0.00 KM |
| Pelham Way | £ 0 | 0 | 0.00 KM |
| Mill Street | £ 74,400 | 0 | 0.00 KM |
Nearby Transport
| Name | NLC | TLC | Distance |
|---|---|---|---|
| Leicester | 1947 | LEI | 1.16 KM |
| South Wigston | 1949 | SWS | 5.24 KM |
| Syston | 1900 | SYS | 9.32 KM |
| Narborough | 1881 | NBR | 9.89 KM |
Nearby Listings
| Address | Price | Type | Score | Distance |
|---|---|---|---|---|
| Oxford Street, LEICESTER | £ 90,000 | BUY | 5 / 10 | 0.00 KM |
| Oxford Street, Oakwood House, LE1 | £ 125,000 | BUY | 6 / 10 | 0.00 KM |
| Oakwood House, Oxford Street, City Centre, Leicester, LE1 | £ 100,000 | BUY | 5 / 10 | 0.07 KM |
| Land at Oxford Street, City Centre, Leicester, LE1 5XY | £ 59,000 | BUY | 4 / 10 | 0.07 KM |
| Atkins Street, Leicester | £ 70,000 | BUY | 6 / 10 | 0.08 KM |
Nearby Properties
| Address | Price | Distance |
|---|---|---|
| 15 Upper Brown Street | £ 215,000 | 0.22 KM |
| 42 Welford Road | £ 130,000 | 0.28 KM |
| 40 Welford Road | £ 90,000 | 0.28 KM |
| 112 Welford Road | £ 205,000 | 0.30 KM |
| 106 Welford Road | £ 185,000 | 0.30 KM |