Newton Fallowell says ..

Property Oracle says ..

The property is a 3-bedroom semi-detached house located on Braunstone Lane, Leicester. The asking price is £300,000. The property benefits from a good-sized rear garden, which is a desirable feature in this area. While the garden appears to need some attention, it offers potential for improvement. The images suggest the property is in need of some modernisation. The interior decor is dated, and some updates would enhance the overall appeal and value. Considering the average house price in the area is £483,067 and the average price per square foot is £402, this property, at £300,000, appears to be priced competitively, especially given its need for modernisation. Nearby comparable properties on Braunstone Lane range from £145,000 to £260,000, indicating the property is at the higher end of the price range but still within a reasonable bracket for the area. The location is convenient, with nearby schools and transportation links. However, the lack of precise information on the quality of local schools and the exact distances to amenities prevents a more detailed assessment of the location score. Based on the provided information, the property presents a good investment opportunity for a buyer willing to undertake some modernisation work. The relatively lower price compared to the average for the area, combined with the presence of a garden, makes it an attractive proposition despite its condition.

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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