Kal Sangra Shonki Brothers says ..

Property Oracle says ..

The property is located in Belgrave, Leicester. Belgrave is a diverse and vibrant area with a good selection of local amenities, including shops and schools. The proximity to Leicester city centre provides easy access to further amenities and transport links. However, the specific location on Dorset Street would need further investigation to assess its proximity to key features such as parks, public transport stops, and specific schools. The presence of several schools within a reasonable distance is a positive factor for families. The average house price in the area is significantly higher than the list price of this property, suggesting it could be undervalued. However, this needs to be considered in conjunction with the property’s condition.

Based on the images, the property appears to be in need of significant renovation. The interior shows dated fixtures, fittings, and finishes throughout. The walls and floors require attention, and a general refurbishment is needed to bring the property up to a modern standard. The exterior, while structurally sound, also shows signs of needing some attention.

The property benefits from a small, enclosed rear yard, providing some outdoor space. However, it is relatively small and requires landscaping.

Considering the property’s condition, the need for substantial renovation, and the relatively small size of the yard, the list price of £175,000 appears to be reasonable compared to other properties in the area, especially those in similar condition. The average house price in the area is significantly higher, however, this is likely due to the condition of those properties. The lack of square footage data for the subject property prevents a precise comparison based on price per square foot. However, the lower list price compared to other nearby properties suggests it could represent good value for money for a buyer willing to undertake renovation work.

Therefore, we give this property 4 / 10. *Disclaimer: This is our option and does constitute a recommendation or financial advice. Do your own research. *

Images