Knightsbridge Estate Agents & Valuers says ..

Property Oracle says ..

This three-bedroom detached house in Great Glen, Leicestershire, presents a mixed bag of opportunities and challenges for potential buyers. Located on Woodbury Rise, the property benefits from its position in a sought-after village with good local schools. The proximity to Great Glen St Cuthbert’s Church of England Primary School (0.30 KM) is a significant advantage for families.

However, the property is clearly in need of modernisation. The interior photographs reveal dated décor, fittings and fixtures, particularly in the kitchen and bathrooms which require substantial updating. While the exterior appears relatively well-maintained, the overall condition suggests significant renovation costs will be necessary for a prospective buyer.

The garden, while present, appears to be modest in size and may require considerable landscaping. The lack of specific plot size details in the listing prevents a more precise assessment of this aspect.

The list price of £325,000 seems to fall within the lower end of the price range for similar properties in the vicinity. While comparable properties on Woodbury Rise and nearby streets have listed prices between £240,000 and £490,000, the condition of this specific property might explain the lower asking price. Potential buyers must factor in the substantial cost of renovations and modernisation when considering their offer. In conclusion, this property offers a potential investment opportunity for buyers willing to undertake a renovation project. The location is positive, but the condition and somewhat limited land size should be carefully considered alongside the relatively reasonable (though not necessarily cheap) price point.

Therefore, we give this property 5 / 10. *Disclaimer: This is our option and does constitute a recommendation or financial advice. Do your own research. *

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