Kal Sangra Shonki Brothers says ..

Property Oracle says ..

The property at 7 New Park Road, Leicester, is a two-bedroom terraced house listed at £125,000. The property requires renovation work. The bathroom shows dated tiling and fixtures, while the living room shows significant damage to the walls and floors requiring repair. The kitchen, though functional, also appears dated. The exterior of the property appears to be in reasonable condition. There is no information provided on the size of the plot or the presence of a garden.

The average house price in the area is considerably higher at £522,019, with an average price per square foot of £357. However, nearby properties on New Park Road have sold for significantly less, ranging from £69,350 to £168,000, suggesting that the list price of £125,000 may be within the range of comparable properties in the immediate vicinity, although further information on the size of the property is needed to make a more informed judgment on the price per square foot.

The property’s location in Leicester, specifically on New Park Road in the Saffron area, places it relatively close to several amenities. Several primary schools are within a kilometre radius, and Leicester train station is approximately 2.66km away. However, without knowing the exact square footage of the property, it’s difficult to definitively assess the value for money.

Given the condition of the property, requiring significant renovation, and the lack of information regarding plot size and proximity to key amenities, a comprehensive assessment of the property’s value is difficult. More information is needed to provide a fully informed opinion.

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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