Elwell Avenue, Barwell, LE9
UN

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

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
226,500.00 £
Decreased by 17.45 %
from 274,378.00 £
Average area rental value
911.00 £/mo
Increased by 3.17 %
from 883.00 £/mo
Est rental Yield
4.83 %
Increased by 25.13 %
from 3.86 %
Crime Rate
27.00 %
Unchanged by 0.00 %
from 27.00 %

Agent Activity

  • Under The Hammer created the listing.

Nearby Schools

NameTypeOfstedDistance
Heath Lane AcademyAcademy ConverterGood0.61 KM
The Fusion AcademyFree Schools Special0.78 KM
Newlands Community Primary SchoolCommunity SchoolRequires improvement1.09 KM
Meadow View Farm SchoolOther Independent Special SchoolOutstanding1.19 KM
Barwell Infant SchoolCommunity SchoolGood1.31 KM

Images

Nearby Streets

NameAverage PriceAverage SqftDistance
Forest View Road £ 000.00 KM
Mount Avenue £ 170,00000.00 KM
Ormond Close £ 000.00 KM
Myrtle Close £ 000.00 KM
Shrewsbury Close £ 000.00 KM

Nearby Transport

NameNLCTLCDistance
Hinckley (Leics)1870HNK6.04 KM

Nearby Listings

AddressPriceTypeScoreDistance
Elwell Avenue, Barwell, LE9 8FH £ 260,000BUYUnknown0.01 KM
Bradgate Road, Barwell £ 210,000BUY7 / 100.05 KM
Elwell Avenue, Barwell, Leicester £ 230,000BUYUnknown0.15 KM
Fir Tree Close, Barwell, Leicester, Leicestershire, LE9 £ 175,000BUY7 / 100.15 KM
Willow Tree Close, Barwell, Leicester £ 200,000BUY6 / 100.17 KM

Nearby Properties

AddressPriceDistance
18a Elwell Avenue £ 118,0000.01 KM
36 Elwell Avenue £ 140,0000.01 KM
85 Elwell Avenue £ 225,0000.01 KM
8 Elwell Avenue £ 185,0000.01 KM
67 Elwell Avenue £ 112,0000.01 KM