Oliver Rayns says ..

Property Oracle says ..

This property is a 3-bedroom, 1-bathroom terraced house located in Stoneygate, Leicester. The list price is £400,000, and the property has 1,105 sqft of living space and a plot size of 1,840.50 sqft. The average house price in the area is £387,240, with an average price per sqft of £335. The property appears to be in good condition, with a well-maintained interior and exterior. The images show a recently decorated interior with modern fixtures and fittings, suggesting that significant renovation work has not been recently undertaken. The garden is of a reasonable size for a terraced property in this area, providing additional outdoor space. The location in Stoneygate, Leicester, is generally considered desirable. Stoneygate is known for its good schools and convenient access to local amenities. The proximity to several well-regarded schools, as well as its relatively close distance to Leicester city centre via public transportation, makes this a convenient location for families. Considering the property’s condition, location, and land size, the list price of £400,000 appears to be slightly above the average price for the area. However, given the desirable location and the apparent good condition of the property, the price may be justified. The average price per sqft in the area is £335, and this property is listed at approximately £362 per sqft. While slightly higher than the average, this difference is not significant enough to suggest the property is overpriced.

Therefore, we give this property 7 / 10. *Disclaimer: This is our option and does constitute a recommendation or financial advice. Do your own research. *

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