32 Winchester Avenue, Leicester, LE3 1AU
KA

32 Winchester Avenue, Leicester, LE3 1AU

By Kal Sangra Shonki Brothers

£ 390,000

Reviews

2 out of 5 stars

Kal Sangra Shonki Brothers says ..

Unsold - Available for £390,000 For Sale by Public Auction on 20/11/2024; Description: A large 3 storey corner property of approximately 1,905 sqft with a single storey extension. The property has been converted to a 7 bedroom HMO with each bedroom being separately metered and havi...

Property Oracle says ..

This property, a three-story corner house in Leicester, is listed as a 7-bedroom HMO (House of Multiple Occupancy) and is being offered for sale at £390,000 via public auction. The exterior presents a well-maintained Victorian or Edwardian-style building. While the exterior shows good upkeep, the interior images reveal a more functional rather than luxurious style. The rooms are simply furnished; some may require minor updates. The layout seems well-suited to its current use as an HMO, with multiple rooms. The lack of provided square footage and plot size data makes a precise analysis of space and value per square foot challenging. The listing highlights its proximity to good schools and Leicester city centre. However, the absence of data on the property’s size compared to local pricing averages limits the assessment of its value. The property’s suitability as an HMO is apparent from the description. Investors should carefully assess the potential rental yield and the condition of the property before bidding, noting that renovations may be required to maximize returns. Further due diligence will be needed to form a complete opinion on the suitability of the price. This may include assessing the condition of the building itself, including any structural issues, plumbing, electrical, and other potential problems.

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
5
Location
7
Land
2
Bedrooms
7
Bathrooms
2

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
237,000.00 £
Increased by 5.55 %
from 224,529.00 £
Average area rental value
760.00 £/mo
Decreased by 4.16 %
from 793.00 £/mo
Est rental Yield
3.85 %
Decreased by 9.20 %
from 4.24 %
Crime Rate
23.00 %
Unchanged by 0.00 %
from 23.00 %

Agent Activity

  • Kal Sangra Shonki Brothers created the listing.

Nearby Schools

NameTypeOfstedDistance
Rowley Fields Sure Start Children'S CentreChildren's Centre Linked Site0.34 KM
Fullhurst Community CollegeFoundation SchoolGood0.50 KM
Avanti Fields SchoolFree Schools0.55 KM
St Mary'S Fields Primary SchoolCommunity SchoolRequires improvement0.61 KM
Imperial Avenue Infant SchoolCommunity SchoolGood0.65 KM

Images

Nearby Streets

NameAverage PriceAverage SqftDistance
Minehead Street £ 172,50000.00 KM
Narborough Road North £ 000.00 KM
Upperton Road £ 000.00 KM
Tudor Close £ 000.00 KM
Beaufort Road £ 225,00000.00 KM

Nearby Transport

NameNLCTLCDistance
Leicester1947LEI3.50 KM
South Wigston1949SWS5.24 KM
Narborough1881NBR7.85 KM

Nearby Listings

AddressPriceTypeScoreDistance
32 Winchester Avenue, Leicester, LE3 1AU £ 390,000BUY5 / 100.00 KM
Sweetbriar Road, West End, Leicester £ 275,000BUY5 / 100.03 KM
Fosse Road South, Leicester £ 250,000BUYUnknown0.06 KM
Fosse Road South, Leicester, LE3 1AE £ 225,000BUY6 / 100.13 KM
Imperial Avenue, Leicester, LE3 £ 365,000BUY6 / 100.13 KM

Nearby Properties

AddressPriceDistance
238 Fosse Road South £ 132,0000.06 KM
254 Fosse Road South £ 185,0000.06 KM
252 Fosse Road South £ 154,0000.06 KM
15 Sweetbriar Road £ 176,0000.07 KM
36 Sweetbriar Road £ 38,0000.07 KM