Focus Property Sales and Management says ..

Property Oracle says ..

This property is a 1-bedroom, 1-bathroom apartment located in Stoneygate, Leicester. The apartment is part of an over 55’s development and benefits from communal grounds and parking. The property is 590.70 sqft and has a 490.70 sqft plot size. The list price is £95,000.

The property appears to be in good condition based on the provided photos. The interior is clean and well-maintained, with modern fixtures and fittings. The communal areas are also well-maintained.

The property has access to communal green space, which is a positive aspect. While it doesn’t have a private garden, the communal area offers an outdoor space for residents.

Considering the average price per sqft in the area is £299 and this property is listed at £95,000, the price seems reasonable considering the property’s size and condition. The average property price in the area is significantly higher (£305,921), indicating this property may be priced competitively, particularly given its location within a retirement complex. However, the lack of sqft data for comparable properties makes a precise price comparison difficult. The nearby listings show a range of prices, with some significantly higher than the listed price of this property, and some that are comparable, though not directly comparable due to missing sqft data. The lower price may reflect the smaller size and the fact that it is within a retirement complex.

The location in Stoneygate, Leicester, is generally considered desirable. The area is known for its good schools and transport links, although proximity to specific amenities isn’t detailed. The presence of several schools within a reasonable distance is a positive factor for potential buyers. The proximity to Leicester train station is also a significant advantage.

Therefore, we give this property 7 / 10. *Disclaimer: This is our option and does constitute a recommendation or financial advice. Do your own research. *

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