Gateway Street, LEICESTER
HA

Gateway Street, LEICESTER

By haart

£ 68,000

Reviews

2 out of 5 stars

haart says ..

Prime Investment: Leicester Studio with around 12.5% NET Yield

Property Oracle says ..

This studio apartment in Leicester city centre, located on Gateway Street, presents a compelling investment opportunity, particularly for students or young professionals. Its modern condition, as evidenced by the provided images, is a significant positive. The proximity to De Montfort University and Leicester Royal Infirmary enhances its rental appeal and potential return on investment. The lack of outdoor space is a potential drawback, but this is often a trade-off for city-centre living. More detailed information regarding comparable property sizes, their price per square foot, and the exact condition of this property would facilitate a more precise evaluation. The current price, while seemingly reasonable compared to the limited comparable data provided, requires additional context for a definitive assessment of overall value. The lack of information on property size for nearby properties makes comparison challenging. Overall, it represents a potentially attractive option for investors seeking rental income or first-time buyers willing to compromise on space for a central location.

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
7
Condition
8
Location
7
Land
1
Bedrooms
0
Bathrooms
1
Sqft (est)
559.72

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
273,747.00 £
Decreased by 7.23 %
from 295,097.00 £
Est sale value
204,857.52 £
Increased by 23.65 %
from 165,677.12 £
Average area rental value
1,032.00 £/mo
Decreased by 0.77 %
from 1,040.00 £/mo
Est letting value
559.72 £/mo
Unchanged by 0.00 %
from 559.72 £/mo
Est rental Yield
4.52 %
Increased by 6.86 %
from 4.23 %
Crime Rate
4.00 %
Unchanged by 0.00 %
from 4.00 %

Agent Activity

  • haart created the listing.

Nearby Schools

NameTypeOfstedDistance
The Children'S Hospital SchoolFoundation Special SchoolOutstanding0.26 KM
De Montfort UniversityHigher Education InstitutionsGood0.46 KM
Hazel Community Primary SchoolCommunity SchoolGood0.55 KM
Leicester CollegeFurther EducationGood0.75 KM
Beauchamp City Sixth FormFree Schools 16 To 191.07 KM

Images

Nearby Streets

NameAverage PriceAverage SqftDistance
Infirmary Square £ 000.00 KM
Winifred Street £ 000.00 KM
Corah Street £ 75,00000.00 KM
Pelham Way £ 000.00 KM
Oxford Street £ 125,00000.00 KM

Nearby Transport

NameNLCTLCDistance
Leicester1947LEI1.35 KM
South Wigston1949SWS5.15 KM
Syston1900SYS9.50 KM
Narborough1881NBR9.70 KM

Nearby Listings

AddressPriceTypeScoreDistance
Gateway Street, LEICESTER £ 68,000BUY5 / 100.00 KM
Gateway Street, Leicester £ 60,000BUYUnknown0.00 KM
Gateway Street, Leicester £ 100,000BUY6 / 100.00 KM
Gateway Street, City Centre £ 80,000BUY5 / 100.00 KM
Flat 98 Primus Place, 56 Gateway Street, Leicester, Leicestershire, LE2 7NS £ 64,000BUYUnknown0.01 KM

Nearby Properties

AddressPriceDistance
104 Jarrom Street £ 152,5000.25 KM
130 Jarrom Street £ 71,9500.25 KM
124 Jarrom Street £ 125,0000.25 KM
102 Jarrom Street £ 90,0000.25 KM
120 Jarrom Street £ 110,0000.25 KM