Newton Fallowell says ..
***CALLING ALL INVESTORS*** Newton Fallowell have the pleasure in marketing this spacious property on Knighton Fields Road West. Welcome to this extensive and versatile property, perfectly suited for investors looking to maximize rental income. Rupert Mews i...
Property Oracle says ..
This property in Leicester, Leicestershire, is presented as a multi-unit residential building suited to investors. It features six bedrooms and five bathrooms spread across multiple units. The location, near Knighton Fields Road West, offers proximity to Leicester city centre and a primary school receiving a ‘Good’ Ofsted rating. However, several aspects require further scrutiny. The provided images reveal a property in need of some modernization. While the kitchen and bathrooms seem functional, the overall aesthetic appears dated in several units. The lack of private outdoor space is a significant drawback; the images depict a shared courtyard that is somewhat unkempt. The listing explicitly targets investors emphasizing rental income potential. Therefore, the financial viability of this investment opportunity relies heavily on securing high rental yields to compensate for the property’s current condition and lack of outdoor space. The absence of square footage data and the significant price difference compared to nearby terraced properties raise concerns about value for money. Potential buyers or investors should thoroughly investigate the property’s condition and rental income potential before making any commitment. A professional survey and rental market analysis are strongly recommended.
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
- 5
- Location
- 7
- Land
- 2
- Bedrooms
- 6
- Bathrooms
- 5
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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
- 263,897.00 £Unchanged by 0.00 %
- Average area rental value
- 897.00 £/moUnchanged by 0.00 %
- Est rental Yield
- 4.08 %Unchanged by 0.00 %
- Crime Rate
- 5.00 %Unchanged by 0.00 %
Agent Activity
Newton Fallowell created the listing.
Nearby Schools
Name | Type | Ofsted | Distance |
---|---|---|---|
Knighton Mead Primary Academy | Academy Converter | Good | 0.15 KM |
Millgate School | Academy Special Converter | 0.67 KM | |
Lansdowne Sure Start Children'S Centre | Children's Centre Linked Site | 0.88 KM | |
Sir Jonathan North Girls College | Academy Converter | 1.11 KM | |
Lancaster Academy | Academy Sponsor Led | Requires improvement | 1.14 KM |
Images
Nearby Streets
Name | Average Price | Average Sqft | Distance |
---|---|---|---|
Saffron Lane Emankment Access Road | £ 210,000 | 0 | 0.00 KM |
Kingsley Street | £ 0 | 0 | 0.00 KM |
Pentland Close | £ 230,000 | 0 | 0.00 KM |
Grace Road | £ 180,000 | 0 | 0.00 KM |
The Cedars | £ 400,000 | 0 | 0.00 KM |
Nearby Transport
Name | NLC | TLC | Distance |
---|---|---|---|
Leicester | 1947 | LEI | 2.37 KM |
South Wigston | 1949 | SWS | 3.28 KM |
Narborough | 1881 | NBR | 8.95 KM |
Nearby Listings
Address | Price | Type | Score | Distance |
---|---|---|---|---|
Rupert Mews | £ 575,000 | BUY | 5 / 10 | 0.00 KM |
Knighton Fields Road West, Leicester | £ 160,000 | BUY | Unknown | 0.00 KM |
Knighton Fields Road West, Knighton Fields, Leicester, Leicestershire, LE2 | £ 197,750 | BUY | 6 / 10 | 0.04 KM |
Sheridan Street, Leicester | £ 165,000 | BUY | Unknown | 0.04 KM |
Knighton Fields Road West, Knighton Fields, Leicester | £ 225,000 | BUY | Unknown | 0.13 KM |
Nearby Properties
Address | Price | Distance |
---|---|---|
76 Knighton Fields Road West | £ 36,000 | 0.00 KM |
120 Knighton Fields Road West | £ 180,000 | 0.00 KM |
84 Knighton Fields Road West | £ 115,000 | 0.00 KM |
12 Knighton Fields Road West | £ 116,500 | 0.00 KM |
118 Knighton Fields Road West | £ 205,000 | 0.00 KM |