Raymond Road, Leicester, Leicestershire
AN

Raymond Road, Leicester, Leicestershire

By ANDERSON BRIGGS

£ 160,000

Reviews

2 out of 5 stars

ANDERSON BRIGGS says ..

LOOKING FOR A PROJECT? - Select Option 3 to arrange your viewing - This two bedroom property in need of modernisation would make an ideal first time buy or buy to let investment and is located within walking distance to Leicester City Centre and De Montfort University.

Property Oracle says ..

This two-bedroom terraced house in Leicester’s Braunstone Park & Rowley Fields area presents a mixed bag. The property’s location offers several advantages. Its proximity to Leicester City Centre and De Montfort University could be attractive to renters or those seeking a convenient urban location. The presence of relatively nearby primary and secondary schools might further make it appealing to families. Rail access to Leicester city centre adds to the convenience, but it will still require a bus or car journey from the property. However, the property’s condition significantly detracts from its overall appeal. The provided photographs reveal an interior in need of considerable modernisation and renovation. The décor is outdated, and the overall impression is of a property that will require significant investment to make it habitable and marketable. The small, paved backyard offers little in the way of garden space. While the asking price of £160,000 appears reasonable based on comparable properties in the neighborhood, this must be weighed against the necessary costs of refurbishment. Potential buyers should carefully consider the expense of renovating the property before making an offer. The absence of a plot size adds to the uncertainty around the overall property dimensions. This property is an ideal project for a buyer willing to invest in renovation or a buyer looking for a buy-to-let option.

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
7
Condition
4
Location
6
Land
2
Bedrooms
2
Bathrooms
1
Sqft (est)
808.37

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
239,467.00 £
Increased by 11.67 %
from 214,436.00 £
Est sale value
200,475.76 £
Increased by 7.83 %
from 185,925.10 £
Average area rental value
953.00 £/mo
Increased by 10.17 %
from 865.00 £/mo
Est letting value
0.00 £/mo
from 0.00 £/mo
Est rental Yield
4.78 %
Decreased by 1.24 %
from 4.84 %
Crime Rate
9.00 %
Unchanged by 0.00 %
from 9.00 %

Agent Activity

  • ANDERSON BRIGGS marked this listing as sold.

  • ANDERSON BRIGGS created the listing.

Nearby Schools

NameTypeOfstedDistance
St Mary'S Fields Primary SchoolCommunity SchoolRequires improvement0.44 KM
Avanti Fields SchoolFree Schools0.44 KM
Rowley Fields Sure Start Children'S CentreChildren's Centre Linked Site0.62 KM
Fullhurst Community CollegeFoundation SchoolGood0.75 KM
Shaftesbury Junior SchoolCommunity SchoolRequires improvement0.84 KM

Images

DSC00651.JPG DSC00654 copy DSC00652.JPG DSC00656.JPG DSC00657.JPG DSC00658.JPG DSC00647.JPG DSC00646.JPG DSC00648.JPG DSC00642.JPG DSC00643.JPG DSC00644.JPG DSC00649 copy DSC00645.JPG DSC00650 copy

Nearby Streets

NameAverage PriceAverage SqftDistance
Upperton Road £ 000.00 KM
Minehead Street £ 172,50000.00 KM
Narborough Road North £ 000.00 KM
Pentland Close £ 230,00000.00 KM
Tewkesbury Street £ 285,51500.00 KM

Nearby Transport

NameNLCTLCDistance
Leicester1947LEI3.31 KM
South Wigston1949SWS4.97 KM
Narborough1881NBR7.90 KM

Nearby Listings

AddressPriceTypeScoreDistance
Raymond Road, Leicester, Leicestershire £ 160,000BUY4 / 100.00 KM
Danvers Road, West End, Leicester £ 145,000BUY5 / 100.08 KM
Wolverton Road, Leicester £ 190,000BUYUnknown0.11 KM
2 Compton Road, Off Narborough Road, Leicester, LE3 2AA £ 149,000BUY4 / 100.12 KM
Danvers Road, Leicester £ 135,000BUYUnknown0.16 KM

Nearby Properties

AddressPriceDistance
20 Raymond Road £ 61,0000.02 KM
31 Raymond Road £ 84,0000.02 KM
26 Raymond Road £ 127,0000.02 KM
27 Raymond Road £ 52,5000.02 KM
17 Raymond Road £ 101,5000.02 KM