Tugby Road, Tilton On The Hill, Leicester
JA

Tugby Road, Tilton On The Hill, Leicester

By James Sellicks Estate Agents

£ 700,000

Reviews

2 out of 5 stars

James Sellicks Estate Agents says ..

Grange Farm, originally built in the late 1800’s, is an ironstone, period farmhouse offering around 5000 ft² of accommodation in need of full restoration, sitting in a well-established plot of approximately 1.5 acres surrounded by the beautiful Leicestershire countryside.

Property Oracle says ..

This property at Tugby Road, Tilton on the Hill, presents a unique opportunity but also significant challenges. It’s a large, five-bedroom farmhouse on a substantial 1.5-acre plot, offering considerable potential. However, the property is in a state of disrepair, requiring extensive renovation work. The rural location provides tranquility and scenic views but lacks immediate access to amenities and public transport. The asking price of £700,000 reflects the size of the land and the potential value after renovation, but buyers should be prepared for substantial investment in refurbishment. The lack of precise square footage data for comparable properties makes a definitive price-per-square-foot analysis difficult, but the overall cost considering the necessary work is high. Potential buyers should carefully assess their budget and the scope of the renovation before making an offer. The property is ideal for someone with experience in property renovation or those seeking a project to create their dream home in a peaceful rural setting. However, it is vital to obtain professional surveys and accurate cost estimations for the renovation before committing to a purchase.

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
3
Location
4
Land
7
Bedrooms
5
Bathrooms
2
Sqft (est)
5,284.00

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
401,125.00 £
Decreased by 38.24 %
from 649,482.00 £
Est sale value
2,657,852.00 £
Decreased by 14.16 %
from 3,096,424.00 £
Average area rental value
1,450.00 £/mo
Decreased by 14.71 %
from 1,700.00 £/mo
Est letting value
5,284.00 £/mo
Unchanged by 0.00 %
from 5,284.00 £/mo
Est rental Yield
4.34 %
Increased by 38.22 %
from 3.14 %
Crime Rate
0.00 %
from 0.00 %

Agent Activity

  • James Sellicks Estate Agents created the listing.

Nearby Schools

NameTypeOfstedDistance
Tugby Church Of England Primary SchoolAcademy ConverterGood3.99 KM
Somerby Primary SchoolAcademy ConverterGood6.03 KM
The Grange Therapeutic SchoolOther Independent Special SchoolGood6.38 KM
Hallaton Church Of England Primary SchoolVoluntary Controlled SchoolGood8.49 KM
Billesdon Church Of England Primary SchoolVoluntary Controlled SchoolGood8.56 KM

Images

Nearby Listings

AddressPriceTypeScoreDistance
Tugby Road, Tilton On The Hill, Leicester £ 700,000BUY5 / 100.00 KM
Launde Road, Tilton On The Hill £ 2,600,000BUY7 / 101.06 KM
Oakham Road, Tilton On The Hill, Leicester £ 275,000BUY6 / 101.48 KM