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
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Metrics Year-on-Year
- Average area value
- 237,000.00 £Increased by 5.55 %
- Average area rental value
- 760.00 £/moDecreased by 4.16 %
- Est rental Yield
- 3.85 %Decreased by 9.20 %
- Crime Rate
- 23.00 %Unchanged by 0.00 %
Agent Activity
Kal Sangra Shonki Brothers created the listing.
Nearby Schools
| Name | Type | Ofsted | Distance |
|---|---|---|---|
| Rowley Fields Sure Start Children'S Centre | Children's Centre Linked Site | 0.34 KM | |
| Fullhurst Community College | Foundation School | Good | 0.50 KM |
| Avanti Fields School | Free Schools | 0.55 KM | |
| St Mary'S Fields Primary School | Community School | Requires improvement | 0.61 KM |
| Imperial Avenue Infant School | Community School | Good | 0.65 KM |
Images
Nearby Streets
| Name | Average Price | Average Sqft | Distance |
|---|---|---|---|
| Minehead Street | £ 172,500 | 0 | 0.00 KM |
| Narborough Road North | £ 0 | 0 | 0.00 KM |
| Upperton Road | £ 0 | 0 | 0.00 KM |
| Tudor Close | £ 0 | 0 | 0.00 KM |
| Beaufort Road | £ 225,000 | 0 | 0.00 KM |
Nearby Transport
| Name | NLC | TLC | Distance |
|---|---|---|---|
| Leicester | 1947 | LEI | 3.50 KM |
| South Wigston | 1949 | SWS | 5.24 KM |
| Narborough | 1881 | NBR | 7.85 KM |
Nearby Listings
| Address | Price | Type | Score | Distance |
|---|---|---|---|---|
| 32 Winchester Avenue, Leicester, LE3 1AU | £ 390,000 | BUY | 5 / 10 | 0.00 KM |
| Sweetbriar Road, West End, Leicester | £ 275,000 | BUY | 5 / 10 | 0.03 KM |
| Fosse Road South, Leicester | £ 250,000 | BUY | Unknown | 0.06 KM |
| Fosse Road South, Leicester, LE3 1AE | £ 225,000 | BUY | 6 / 10 | 0.13 KM |
| Imperial Avenue, Leicester, LE3 | £ 365,000 | BUY | 6 / 10 | 0.13 KM |
Nearby Properties
| Address | Price | Distance |
|---|---|---|
| 238 Fosse Road South | £ 132,000 | 0.06 KM |
| 254 Fosse Road South | £ 185,000 | 0.06 KM |
| 252 Fosse Road South | £ 154,000 | 0.06 KM |
| 15 Sweetbriar Road | £ 176,000 | 0.07 KM |
| 36 Sweetbriar Road | £ 38,000 | 0.07 KM |