Focus Property Sales and Management says ..

Property Oracle says ..

The property is located on Windermere Street in Leicester, LE2 7GU. It’s a four-bedroom, one-bathroom terraced house listed at £240,000. The area’s average house price is significantly higher at £522,019, and the average price per square foot is £357. However, the provided listing does not specify the square footage of the property, making a direct comparison challenging.

The property appears to be in generally good condition based on the provided images. While some minor cosmetic updates might enhance its appeal, there are no apparent major structural issues or significant repairs needed. The kitchen and bathroom seem functional, though a modern update could increase the property’s value.

The property includes a small rear yard, which provides some outdoor space, although it’s relatively modest in size. Nearby listings on Windermere Street are priced between £190,000 and £195,000, indicating that the list price of £240,000 is at the higher end of the range for similar properties in the immediate vicinity.

The location benefits from being close to several schools, including Hazel Community Primary School (rated ‘Good’ by Ofsted) and The Children’s Hospital School (rated ‘Outstanding’), making it potentially attractive to families. Leicester railway station is also within a reasonable distance, providing convenient access to public transportation.

Considering the property’s condition, the relatively small size of the outdoor space, and the lack of square footage information, the list price of £240,000 appears somewhat high compared to similar properties in the area. However, the proximity to schools and transportation could justify a slightly higher price point for some buyers. A more definitive assessment of the price’s reasonableness would require knowing the property’s actual square footage.

Therefore, we give this property 6 / 10. *Disclaimer: This is our option and does constitute a recommendation or financial advice. Do your own research. *

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