haart says ..
Superb 9-Bedroom Converted Apartment Complex – Ideal for Students and Professionals | Prime Leicester Location
Property Oracle says ..
This block of apartments on Welford Road, Leicester, presents a mixed bag. Its location is fairly convenient, with proximity to schools, transportation, and local amenities. The interior condition appears modern, particularly in the kitchens and bathrooms, though some areas need attention. The lack of substantial land is a drawback. The asking price of £700,000 seems high compared to similar properties and average price per square foot in the area, but the property’s potential as a high-occupancy rental could justify the cost for the right investor.
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
- 6
- Condition
- 7
- Location
- 7
- Land
- 3
- Bedrooms
- 9
- Bathrooms
- 1
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 %
- Average area rental value
- 1,032.00 £/moDecreased by 0.77 %
- Est rental Yield
- 4.52 %Increased by 6.86 %
- Crime Rate
- 2.00 %Unchanged by 0.00 %
Agent Activity
haart created the listing.
Nearby Schools
| Name | Type | Ofsted | Distance |
|---|---|---|---|
| Wqe And Regent College Group | Further Education | 0.48 KM | |
| Millgate School | Academy Special Converter | 0.66 KM | |
| University Of Leicester | Higher Education Institutions | 0.69 KM | |
| Avenue Primary School | Community School | Good | 0.73 KM |
| Sir Jonathan North Girls College | Academy Converter | 1.01 KM |
Images
Nearby Streets
| Name | Average Price | Average Sqft | Distance |
|---|---|---|---|
| Kingsley Street | £ 0 | 0 | 0.00 KM |
| Oxford Road | £ 375,000 | 0 | 0.00 KM |
| Knighton Lane East | £ 0 | 0 | 0.00 KM |
| Greenhill Road | £ 0 | 0 | 0.00 KM |
| Avenue Road Extension | £ 240,000 | 0 | 0.00 KM |
Nearby Transport
| Name | NLC | TLC | Distance |
|---|---|---|---|
| Leicester | 1947 | LEI | 1.72 KM |
| South Wigston | 1949 | SWS | 3.87 KM |
| Narborough | 1881 | NBR | 9.93 KM |
| Syston | 1900 | SYS | 9.94 KM |
Nearby Listings
| Address | Price | Type | Score | Distance |
|---|---|---|---|---|
| Welford Road, Leicester | £ 700,000 | BUY | 5 / 10 | 0.00 KM |
| Welford Road, Leicester | £ 650,000 | BUY | 5 / 10 | 0.00 KM |
| 194 Welford Road, Leicester, LE2 6BD | £ 230,000 | BUY | 6 / 10 | 0.04 KM |
| Welford Road, Leicester | £ 150,000 | BUY | 7 / 10 | 0.08 KM |
| Brookland Road, Leicester, Leicestershire, LE2 | £ 135,500 | BUY | 5 / 10 | 0.09 KM |
Nearby Properties
| Address | Price | Distance |
|---|---|---|
| 207 Welford Road | £ 127,500 | 0.05 KM |
| 243 Welford Road | £ 220,000 | 0.05 KM |
| 249 Welford Road | £ 100,000 | 0.05 KM |
| 229 Welford Road | £ 135,000 | 0.05 KM |
| 211 Welford Road | £ 165,000 | 0.05 KM |