Lombardy Rise, Leicester, LE5
MC

Lombardy Rise, Leicester, LE5

By McGowan Housing

£ 120,000

Reviews

2 out of 5 stars

McGowan Housing says ..

Buy-to-Let Opportunity | Long Term Tenant Currently Situated | 2 Bedroom Flat | Good Condition | Easy Access to Local Amenities | Prime Rental Location Within Leicester

Property Oracle says ..

This two-bedroom property in Leicester’s North Evington area, listed by McGowan Housing, presents a mixed picture. The location offers proximity to several schools, including those with good Ofsted ratings, suggesting family-friendliness. Nearby transport links with Leicester station at approximately 2.16KM away adds convenience. However, the provided images reveal a property in need of significant tidying and cleaning. The kitchen, in particular, shows clutter and requires improved organization. The bedrooms, while furnished, also lack presentation and neatness. The bathroom seems newer, which is a positive. The overall condition suggests potential for improvement through renovation and cleaning. The listing price of £120,000 needs more contextual data (the property square footage) to determine the price per sqft value, and would require comparison to similar properties to properly assess its competitiveness. The absence of significant private land is a downside, suggesting limited outdoor space. Overall, a prospective buyer should be aware of the necessary improvements required and conduct a thorough survey to gauge any additional repair costs.

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

Price
7
Condition
4
Location
6
Land
1
Bedrooms
2
Bathrooms
1

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
430,000.00 £
Decreased by 17.39 %
from 520,527.00 £
Average area rental value
1,715.00 £/mo
Increased by 5.67 %
from 1,623.00 £/mo
Est rental Yield
4.79 %
Increased by 28.07 %
from 3.74 %
Crime Rate
4.00 %
Unchanged by 0.00 %
from 4.00 %

Agent Activity

  • McGowan Housing created the listing.

Nearby Schools

NameTypeOfstedDistance
Green Lane Infant SchoolAcademy Converter0.16 KM
Bridge Junior SchoolCommunity SchoolGood0.26 KM
St Saviours Sure Start Children'S CentreChildren's Centre Linked Site0.33 KM
Sacred Heart Catholic Voluntary AcademyAcademy ConverterRequires improvement0.33 KM
Shenton Primary SchoolCommunity SchoolGood0.51 KM

Images

Nearby Streets

NameAverage PriceAverage SqftDistance
Larch Street £ 000.00 KM
Kingfisher Avenue £ 000.00 KM
Mount Avenue £ 220,00000.00 KM
Grove Road £ 000.00 KM
Stroud Road £ 179,00000.00 KM

Nearby Transport

NameNLCTLCDistance
Leicester1947LEI2.16 KM
Syston1900SYS6.51 KM
South Wigston1949SWS7.21 KM
Sileby1902SIL9.98 KM

Nearby Listings

AddressPriceTypeScoreDistance
Lombardy Rise, Leicester, Leicestershire, LE5 £ 160,000BUYUnknown0.00 KM
Lombardy Rise, Leicester, LE5 £ 120,000BUY4 / 100.00 KM
Lombardy Rise, New Humberstone, Leicester, LE5 £ 250,000BUY5 / 100.04 KM
Forest Road, Leicester, LE9 £ 220,000BUY7 / 100.09 KM
Redwood Walk, Leicester £ 180,000BUY6 / 100.11 KM

Nearby Properties

AddressPriceDistance
9 Redwood Walk £ 137,0000.09 KM
19 Redwood Walk £ 116,0000.09 KM
39 Redwood Walk £ 115,0000.09 KM
9 Forest Road £ 30,9500.10 KM
16 Redwood Walk £ 168,5000.13 KM