Elwell Avenue, Barwell, LE9
By Under The Hammer
£ 139,000
Reviews
2 out of 5 stars
Under The Hammer says ..
For sale by under the hammer online auction Friday 28th - Friday 28th February 2025. A vacant freehold three bedroom property This extended traditional semi-detached house offers a fantastic opportunity for buyers looking to add value to a property. Situated wi...
Property Oracle says ..
This three-bedroom semi-detached property located on Elwell Avenue, Barwell, Leicestershire, presents a mixed opportunity for buyers. The property’s location is a strength, situated in a village setting with access to local amenities, schools (including several rated ‘Good’ or ‘Outstanding’), and relatively close to Hinckley. The proximity to Heath Lane Academy (0.61km) and Meadow View Farm School (1.19km), both with good Ofsted ratings, is particularly attractive for families. However, the property’s condition is a significant factor. The provided images reveal a property in need of substantial modernisation. The kitchen and bathroom are dated and require complete refurbishment. Cosmetic improvements throughout the house are also needed. The garden, while present, appears relatively small and could benefit from landscaping. The asking price, while not exceptionally low, seems reasonable considering the extent of renovation required. While the lack of precise square footage data hinders a precise valuation, the price appears competitive for a three-bedroom property in Barwell, especially given the necessary improvements. Potential buyers should factor in a significant budget for renovation works before making an offer. Overall, the property offers potential but requires considerable investment to reach its full value. The location is a key advantage, but the condition significantly impacts the overall appeal.
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
- 4
- Location
- 7
- Land
- 5
- Bedrooms
- 3
- Bathrooms
- 1
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Metrics Year-on-Year
- Average area value
- 226,500.00 £Decreased by 17.45 %
- Average area rental value
- 911.00 £/moIncreased by 3.17 %
- Est rental Yield
- 4.83 %Increased by 25.13 %
- Crime Rate
- 27.00 %Unchanged by 0.00 %
Agent Activity
Under The Hammer created the listing.
Nearby Schools
| Name | Type | Ofsted | Distance |
|---|---|---|---|
| Heath Lane Academy | Academy Converter | Good | 0.61 KM |
| The Fusion Academy | Free Schools Special | 0.78 KM | |
| Newlands Community Primary School | Community School | Requires improvement | 1.09 KM |
| Meadow View Farm School | Other Independent Special School | Outstanding | 1.19 KM |
| Barwell Infant School | Community School | Good | 1.31 KM |
Images
Nearby Streets
| Name | Average Price | Average Sqft | Distance |
|---|---|---|---|
| Forest View Road | £ 0 | 0 | 0.00 KM |
| Mount Avenue | £ 170,000 | 0 | 0.00 KM |
| Ormond Close | £ 0 | 0 | 0.00 KM |
| Myrtle Close | £ 0 | 0 | 0.00 KM |
| Shrewsbury Close | £ 0 | 0 | 0.00 KM |
Nearby Transport
| Name | NLC | TLC | Distance |
|---|---|---|---|
| Hinckley (Leics) | 1870 | HNK | 6.04 KM |
Nearby Listings
| Address | Price | Type | Score | Distance |
|---|---|---|---|---|
| Elwell Avenue, Barwell, LE9 8FH | £ 260,000 | BUY | Unknown | 0.01 KM |
| Bradgate Road, Barwell | £ 210,000 | BUY | 7 / 10 | 0.05 KM |
| Elwell Avenue, Barwell, Leicester | £ 230,000 | BUY | Unknown | 0.15 KM |
| Fir Tree Close, Barwell, Leicester, Leicestershire, LE9 | £ 175,000 | BUY | 7 / 10 | 0.15 KM |
| Willow Tree Close, Barwell, Leicester | £ 200,000 | BUY | 6 / 10 | 0.17 KM |
Nearby Properties
| Address | Price | Distance |
|---|---|---|
| 18a Elwell Avenue | £ 118,000 | 0.01 KM |
| 36 Elwell Avenue | £ 140,000 | 0.01 KM |
| 85 Elwell Avenue | £ 225,000 | 0.01 KM |
| 8 Elwell Avenue | £ 185,000 | 0.01 KM |
| 67 Elwell Avenue | £ 112,000 | 0.01 KM |