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 %
- Est sale value
- 204,857.52 £Increased by 23.65 %
- Average area rental value
- 1,032.00 £/moDecreased by 0.77 %
- Est letting value
- 559.72 £/moUnchanged by 0.00 %
- Est rental Yield
- 4.52 %Increased by 6.86 %
- Crime Rate
- 4.00 %Unchanged by 0.00 %
Agent Activity
haart created the listing.
Nearby Schools
| Name | Type | Ofsted | Distance |
|---|---|---|---|
| The Children'S Hospital School | Foundation Special School | Outstanding | 0.26 KM |
| De Montfort University | Higher Education Institutions | Good | 0.46 KM |
| Hazel Community Primary School | Community School | Good | 0.55 KM |
| Leicester College | Further Education | Good | 0.75 KM |
| Beauchamp City Sixth Form | Free Schools 16 To 19 | 1.07 KM |
Images
Nearby Streets
| Name | Average Price | Average Sqft | Distance |
|---|---|---|---|
| Infirmary Square | £ 0 | 0 | 0.00 KM |
| Winifred Street | £ 0 | 0 | 0.00 KM |
| Corah Street | £ 75,000 | 0 | 0.00 KM |
| Pelham Way | £ 0 | 0 | 0.00 KM |
| Oxford Street | £ 125,000 | 0 | 0.00 KM |
Nearby Transport
| Name | NLC | TLC | Distance |
|---|---|---|---|
| Leicester | 1947 | LEI | 1.35 KM |
| South Wigston | 1949 | SWS | 5.15 KM |
| Syston | 1900 | SYS | 9.50 KM |
| Narborough | 1881 | NBR | 9.70 KM |
Nearby Listings
| Address | Price | Type | Score | Distance |
|---|---|---|---|---|
| Gateway Street, LEICESTER | £ 68,000 | BUY | 5 / 10 | 0.00 KM |
| Gateway Street, Leicester | £ 60,000 | BUY | Unknown | 0.00 KM |
| Gateway Street, Leicester | £ 100,000 | BUY | 6 / 10 | 0.00 KM |
| Gateway Street, City Centre | £ 80,000 | BUY | 5 / 10 | 0.00 KM |
| Flat 98 Primus Place, 56 Gateway Street, Leicester, Leicestershire, LE2 7NS | £ 64,000 | BUY | Unknown | 0.01 KM |
Nearby Properties
| Address | Price | Distance |
|---|---|---|
| 104 Jarrom Street | £ 152,500 | 0.25 KM |
| 130 Jarrom Street | £ 71,950 | 0.25 KM |
| 124 Jarrom Street | £ 125,000 | 0.25 KM |
| 102 Jarrom Street | £ 90,000 | 0.25 KM |
| 120 Jarrom Street | £ 110,000 | 0.25 KM |