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 %
- Est sale value
- 213,931.85 £Decreased by 17.19 %
- Average area rental value
- 1,250.00 £/moIncreased by 31.58 %
- Est letting value
- 807.29 £/mo
- Est rental Yield
- 5.01 %Increased by 36.51 %
- Crime Rate
- 29.00 %Unchanged by 0.00 %
Agent Activity
ANDERSON BRIGGS marked this listing as sold.
ANDERSON BRIGGS created the listing.
Nearby Schools
| Name | Type | Ofsted | Distance |
|---|---|---|---|
| Ratby Primary School | Academy Converter | Good | 0.29 KM |
| Brookvale Groby Learning Campus | Academy Converter | Outstanding | 1.60 KM |
| Kirby Muxloe Primary School | Academy Converter | Good | 1.89 KM |
| Martinshaw Primary School | Community School | Good | 2.17 KM |
| Lady Jane Grey Primary School | Academy Converter | Outstanding | 2.30 KM |
Images
Nearby Streets
| Name | Average Price | Average Sqft | Distance |
|---|---|---|---|
| Chapel Lane | £ 203,750 | 0 | 0.00 KM |
| Jenny's Way | £ 0 | 0 | 0.00 KM |
| Journeyman's Green | £ 0 | 0 | 0.00 KM |
| Wolsey Drive | £ 0 | 0 | 0.00 KM |
| Rev. Blackman Close | £ 0 | 0 | 0.00 KM |
Nearby Transport
| Name | NLC | TLC | Distance |
|---|---|---|---|
| Narborough | 1881 | NBR | 9.52 KM |
Nearby Listings
| Address | Price | Type | Score | Distance |
|---|---|---|---|---|
| 7 Station Road, Ratby, Leicester, Leicestershire LE6 0JQ | £ 115,000 | BUY | 5 / 10 | 0.10 KM |
| Station Road, Ratby, Leicester, Leicestershire | £ 425,000 | BUY | Unknown | 0.17 KM |
| Desford Lane, Ratby, Leicester, Leicestershire | £ 260,000 | BUY | Unknown | 0.29 KM |
| Church Lane, Ratby, Leicester, Leicestershire | £ 450,000 | BUY | 7 / 10 | 0.29 KM |
| Danehill, Ratby, LE6 | £ 269,950 | BUY | 7 / 10 | 0.31 KM |
Nearby Properties
| Address | Price | Distance |
|---|---|---|
| 28 Chapel Lane | £ 315,000 | 0.04 KM |
| 36 Chapel Lane | £ 164,000 | 0.04 KM |
| Chapel Hall | £ 320,000 | 0.04 KM |
| 20 Chapel Lane | £ 225,000 | 0.04 KM |
| 24 Chapel Lane | £ 249,950 | 0.04 KM |