Loughborough Road, Belgrave, Leicester
SE

Loughborough Road, Belgrave, Leicester

By Seths Estate & Letting Agents

£ 650,000

Reviews

2 out of 5 stars

Seths Estate & Letting Agents says ..

*** RARE TO MARKET COMMERCIAL PROPERTY - LOUGHBOROUGH ROAD - FLAMINGO BAR AND GRILL **** Seths Estate Agents are delighted to offer an exceptional opportunity to acquire the freehold of a prominent landmark property on bustling Loughborough Road in Leicester’s LE4 area. Formerly an Edwar...

Property Oracle says ..

This property is a commercial building located on Loughborough Road in Belgrave, Leicester, listed for £650,000. The exterior photographs reveal a building that needs significant attention. The façade shows clear signs of age and disrepair, requiring considerable investment for renovation or refurbishment. The rear area appears to be used for parking and storage. There is a lack of information about the internal layout, which makes a comprehensive assessment of its potential difficult. The proximity to Leicester city centre and several schools, coupled with reasonably convenient transport links, provides the location with some positive attributes. However, the condition of the building and the high listing price, in the absence of specifics like the internal layout, square footage, and condition of the amenities raise serious questions regarding its value. More information, including internal photographs, property dimensions, and a detailed survey, is needed before any concrete conclusions about the property’s suitability for investment or renovation can be made. The nearby residential sales provide little comparative information due to missing square footage data.

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
6
Condition
4
Location
7
Land
3
Bedrooms
0
Bathrooms
0

The heatmap indicates the level of crime in the area. The color of the heatmap indicates the crime severity and recency.

Metrics YoY

Area value
100 £
from 0 £
Rental value
20 £
from 0 £
Rental Yield
20 %
from 0 %
Crime Rate
360 %
from 0 %

Agent Activity

  • Seths Estate & Letting Agents created the listing.

Nearby Schools

NameTypeOfstedDistance
Darul Uloom LeicesterOther Independent SchoolGood0.32 KM
Woodbridge Sure Start Children'S CentreChildren's Centre Linked Site0.38 KM
Mellor Community Primary SchoolCommunity SchoolGood0.57 KM
Abbey Mead Primary AcademyAcademy Converter0.65 KM
Belgrave And Rushey Mead Sure Start Children'S CentreChildren's Centre Linked Site0.82 KM

Images

OUTISDE OUTISDE OUTISDE PROPOSED DRAFT PLAN PROPOSED DRAFT PLAN PROPOSED DRAFT PLAN Screenshot 2025-01-14 160421.png GROUND FLOOR EXISTING GROUND FLOOR PROPOSED FIRST FLOOR EXISITING FIRST FLOOR PROPOSED SECOND FLOOR EXISTING sf proposed.png

Nearby Streets

NameAverage PriceAverage SqftDistance
Royal Road £ 000.00 KM
Clarke Street £ 260,00000.00 KM
Herbert Avenue £ 230,00000.00 KM
Ratcliffe Street £ 340,00000.00 KM
The Greenway £ 000.00 KM

Nearby Transport

NameNLCTLCDistance
Leicester1947LEI2.98 KM
Syston1900SYS5.98 KM
Sileby1902SIL8.29 KM
South Wigston1949SWS8.54 KM

Nearby Listings

AddressPriceTypeScoreDistance
Loughborough Road, Belgrave, Leicester £ 650,000BUY5 / 100.00 KM
Vicarage Lane, Belgarve, Leicester, LE4 £ 225,000BUY5 / 100.17 KM
Bellholme Close, Belgrave, Leicester £ 280,000BUY5 / 100.23 KM
Belgrave Avenue, Leicester, LE4 £ 235,000BUYUnknown0.23 KM
Vicarage Lane, Belgrave, Leicester £ 235,000BUY6 / 100.23 KM

Nearby Properties

AddressPriceDistance
145 Loughborough Road £ 320,0000.03 KM
171 Loughborough Road £ 222,0000.03 KM
266 Loughborough Road £ 35,0000.06 KM
268 Loughborough Road £ 35,0000.06 KM
226 Loughborough Road £ 144,0000.14 KM