Victoria Road East, Leicester
MA

Victoria Road East, Leicester

By Martin & Co

£ 120,000

Reviews

2 out of 5 stars

Martin & Co says ..

Offered to the market with tenants in situ, this one bedroom apartment would make an ideal addition to any landlords portfolio. Accommodation is arranged over a single floor and comprises in brief, Entrance hall, double bedroom, bathroom with shower over bath, w/c and wash basin, open plan loung...

Property Oracle says ..

This one-bedroom apartment on Victoria Road East, Leicester, presents a mixed bag for potential buyers. The location scores well due to the close proximity to several ‘Good’-rated Ofsted schools and relatively easy access to the Leicester train station, improving its appeal for families and commuters. The apartment’s interior shows acceptable functionality, clean and tidy, although it doesn’t display luxury features and is in need of some minor upgrade to increase its aesthetic appeal. However, the absence of a garden or outdoor space is a significant drawback. The price of £120,000 seems reasonable compared to other apartments in the area, especially given that it comes with tenants in situ which offers immediate rental income, but further comparison with properties of similar size and condition would solidify this assessment. Overall, this property would be attractive to a buyer looking for a rental investment property or a small, easy to maintain residence near amenities and schools, but not ideal for someone seeking outdoor space or high-end finishings.

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
6
Location
7
Land
1
Bedrooms
1
Bathrooms
1
Sqft (est)
307.42

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
198,227.00 £
Decreased by 30.81 %
from 286,510.00 £
Est sale value
103,600.54 £
Increased by 28.63 %
from 80,544.04 £
Average area rental value
1,098.00 £/mo
Increased by 28.27 %
from 856.00 £/mo
Est letting value
307.42 £/mo
from 0.00 £/mo
Est rental Yield
6.65 %
Increased by 85.24 %
from 3.59 %
Crime Rate
7.00 %
Unchanged by 0.00 %
from 7.00 %

Agent Activity

  • Martin & Co created the listing.

Nearby Schools

NameTypeOfstedDistance
Merrydale Infant SchoolCommunity SchoolGood0.28 KM
Merrydale Junior SchoolAcademy ConverterGood0.30 KM
Northfields & West Humberstone Sure Start Children'S CentreChildren's Centre0.48 KM
North Mead Primary AcademyAcademy Sponsor LedGood0.56 KM
St Barnabas Cofe Primary SchoolVoluntary Controlled SchoolGood0.74 KM

Images

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Nearby Streets

NameAverage PriceAverage SqftDistance
Tailby Avenue £ 000.00 KM
Stockton Road £ 000.00 KM
Bramall Court £ 000.00 KM
Jubilee Gardens £ 245,00000.00 KM
Brighton Road £ 000.00 KM

Nearby Transport

NameNLCTLCDistance
Leicester1947LEI3.69 KM
Syston1900SYS5.42 KM
South Wigston1949SWS8.39 KM
Sileby1902SIL9.49 KM

Nearby Listings

AddressPriceTypeScoreDistance
Victoria Road East, Leicester, LE5 £ 92,000BUY4 / 100.00 KM
Victoria Road East, Leicester £ 120,000BUY5 / 100.00 KM
Tailby Avenue, New Humberstone, Leicester, LE5 £ 260,000BUY6 / 100.11 KM
Brackley Close, Leicester £ 230,000BUY5 / 100.15 KM
Leveric Road £ 340,000BUY6 / 100.20 KM

Nearby Properties

AddressPriceDistance
290 Victoria Road East £ 28,0000.01 KM
268 Victoria Road East £ 147,0000.01 KM
230 Victoria Road East £ 118,0000.01 KM
272 Victoria Road East £ 85,0000.01 KM
276 Victoria Road East £ 105,0000.01 KM