Knightsbridge Estate Agents & Valuers says ..

Property Oracle says ..

This listing presents a two-bedroom, one-bathroom ground-floor apartment in Leicester city centre. The property is situated within ‘The Chimney’ building on Junior Street. Images reveal a relatively clean and functional space, though the interior design style is dated. The kitchen and bathroom appear adequately maintained. A key feature to note is that this is a shared ownership property. This means the buyer purchases a percentage share, not the full freehold. This significantly alters the purchasing process and the implications of ownership. The low list price likely reflects this shared ownership structure. The location is a significant strength, providing easy access to Leicester’s amenities and transport links. The lack of a garden is typical of city centre apartments. The condition is reasonable, but a degree of modernisation could enhance its appeal. Without specifics on the shared ownership percentage and a more detailed local property market analysis, providing a precise valuation is challenging. However, the low price point makes this an accessible option for first-time buyers or those seeking a city-centre property, while accepting the shared ownership limitations.

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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