Set To Let says ..

Property Oracle says ..

The property is a 1-bedroom, 1-bathroom apartment located in Aria Apartments, Chatham Street, Leicester, with a list price of £140,000. The apartment has 506 square feet of living space and a 486 square foot plot. The area has an average house price of £549,850 and an average price per square foot of £436. The apartment’s price per square foot is significantly lower than the average for the area.

The apartment appears to be in excellent condition. The photos show a modern, well-maintained interior with contemporary fixtures and fittings. The building itself also appears to be well-maintained.

While the plot size is not insignificant for an apartment, it is not particularly large. However, the apartment’s location near good schools and transport links is a positive attribute. The proximity to Quorn Hall School (Outstanding Ofsted rating) and several other well-regarded schools is a significant advantage for families. The nearby train stations provide convenient access to other areas.

Considering the apartment’s modern condition, convenient location, and relatively low price compared to the average price per square foot in the area, the asking price of £140,000 appears reasonable, especially when compared to other nearby apartments. However, the lack of information on the specifics of the plot and the limited data on comparable properties makes a definitive statement on price difficult.

Therefore, we give this property 8 / 10. *Disclaimer: This is our option and does constitute a recommendation or financial advice. Do your own research. *

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