Equity London LTD says ..

Property Oracle says ..

This three-bedroom semi-detached property in Leicester is listed at £185,000. The property requires modernization throughout, as evidenced by the provided photographs showing outdated fixtures, damaged walls, and a generally worn appearance. While the property includes a private rear garden, its condition needs significant improvement. The location is close to several schools, including Knighton Mead Primary Academy (rated “Good” by Ofsted) and is approximately 2.56km from Leicester train station. However, the average house price in the area is significantly higher (£522,019), and the average price per square foot is £357. Considering the property’s condition and the discrepancy between its list price and the average price per square foot in the area, the asking price may be considered reasonable for a property requiring substantial renovation. Nearby comparable properties are listed at similar price points, suggesting the listing price is within the range of properties requiring modernization.

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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