Priya Properties says ..

Property Oracle says ..

The property is a 2 bedroom apartment located in the Zenith Building, Colton Street, Leicester. The apartment is modern in style with a neutral décor. The kitchen has modern fitted units and integrated appliances. The bathroom is clean and well-maintained. The apartment benefits from a small patio area.

The location is good, with Leicester train station within walking distance, providing easy access to other parts of the country. There are also a number of schools and amenities nearby. Colton Street itself has an average rental price of £800 per month, suggesting a reasonable rental yield for investors. However, the average property price on Colton Street is not available.

Based on the images provided, the property appears to be in excellent condition. There is no visible evidence of damage or disrepair.

The plot size is 0.00 sqft, indicating that there is no garden. However, the apartment does have a small patio area which offers some outdoor space.

The list price of £165,000 is slightly below the average price for the area (£302,231), and the price per sqft is lower than the average price per sqft for the area (£288). Considering the modern condition of the property, its convenient location, and the lack of a garden, the list price seems reasonable. Nearby comparable properties support this assessment; a similar apartment in the same building is listed at £280,000, and other nearby apartments are listed for between £120,000 and £180,000.

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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