Chapel Lane, Ratby, Leicester, Leicestershire
AN

Chapel Lane, Ratby, Leicester, Leicestershire

By ANDERSON BRIGGS

£ 135,000

Reviews

2 out of 5 stars

ANDERSON BRIGGS says ..

FOR SALE VIA MODERN AUCTION - A Quaint two-bedroom cottage in the heart of Ratby. This property has bags of potential, the current layout provides an open-plan kitchen diner, lounge, two double bedrooms and a bathroom. The rear of the property consists of a outbuilding ideal for storage and court...

Property Oracle says ..

This two-bedroom cottage on Chapel Lane, Ratby, is presented as a renovation project. The property is located in a desirable area with a higher average house price on the same street. The images clearly demonstrate the extent of work needed. Interior walls and ceilings require complete re-plastering, flooring needs replacing, and the bathrooms and kitchen require complete refurbishment. The property requires considerable investment to bring it up to a habitable standard. The external structure appears sound. The limited outdoor space is a significant drawback. The sale via modern auction introduces some uncertainty into the final sale price and makes it hard to be certain of its value. Buyers should be aware that extensive renovation is mandatory and factor in a substantial budget for materials and labour costs. The proximity to a good primary school and other schools within a short driving distance is a potential advantage for families. Further investigation into local amenities and transport links is recommended before a decision is made.

Therefore, we give this property 4 / 10. *Disclaimer: This is our option and does constitute a recommendation or financial advice. Do your own research. *

Price
6
Condition
3
Location
7
Land
2
Bedrooms
2
Bathrooms
1
Sqft (est)
807.29

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
299,167.00 £
Decreased by 3.75 %
from 310,822.00 £
Est sale value
213,931.85 £
Decreased by 17.19 %
from 258,332.80 £
Average area rental value
1,250.00 £/mo
Increased by 31.58 %
from 950.00 £/mo
Est letting value
807.29 £/mo
from 0.00 £/mo
Est rental Yield
5.01 %
Increased by 36.51 %
from 3.67 %
Crime Rate
29.00 %
Unchanged by 0.00 %
from 29.00 %

Agent Activity

  • ANDERSON BRIGGS marked this listing as sold.

  • ANDERSON BRIGGS created the listing.

Nearby Schools

NameTypeOfstedDistance
Ratby Primary SchoolAcademy ConverterGood0.29 KM
Brookvale Groby Learning CampusAcademy ConverterOutstanding1.60 KM
Kirby Muxloe Primary SchoolAcademy ConverterGood1.89 KM
Martinshaw Primary SchoolCommunity SchoolGood2.17 KM
Lady Jane Grey Primary SchoolAcademy ConverterOutstanding2.30 KM

Images

DSC03633.JPG DSC03632.JPG DSC03624.JPG DSC03625.JPG DSC03627.JPG DSC03628.JPG DSC03629.JPG DSC03630.JPG DSC03647 copy DSC03648 copy DSC03644 copy DSC03646.JPG DSC03640 copy DSC03639 copy DSC03634.JPG DSC03637.JPG DSC03635.JPG DSC03631.JPG DSC03626.JPG

Nearby Streets

NameAverage PriceAverage SqftDistance
Chapel Lane £ 203,75000.00 KM
Jenny's Way £ 000.00 KM
Journeyman's Green £ 000.00 KM
Wolsey Drive £ 000.00 KM
Rev. Blackman Close £ 000.00 KM

Nearby Transport

NameNLCTLCDistance
Narborough1881NBR9.52 KM

Nearby Listings

AddressPriceTypeScoreDistance
7 Station Road, Ratby, Leicester, Leicestershire LE6 0JQ £ 115,000BUY5 / 100.10 KM
Station Road, Ratby, Leicester, Leicestershire £ 425,000BUYUnknown0.17 KM
Desford Lane, Ratby, Leicester, Leicestershire £ 260,000BUYUnknown0.29 KM
Church Lane, Ratby, Leicester, Leicestershire £ 450,000BUY7 / 100.29 KM
Danehill, Ratby, LE6 £ 269,950BUY7 / 100.31 KM

Nearby Properties

AddressPriceDistance
28 Chapel Lane £ 315,0000.04 KM
36 Chapel Lane £ 164,0000.04 KM
Chapel Hall £ 320,0000.04 KM
20 Chapel Lane £ 225,0000.04 KM
24 Chapel Lane £ 249,9500.04 KM