Melbourne Road, Highfields, Leicester, LE2
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Melbourne Road, Highfields, Leicester, LE2

By Kings Real Estate

£ 350,000

Reviews

2 out of 5 stars

Kings Real Estate says ..

Kings are excited to present this five-bedroom end-terrace property found on Melbourne Road located in the Highfields area. The location of this property is highly sought-after being one of the popular areas within the city, with major access roads, the city centre and surrounding areas all withi...

Property Oracle says ..

This five-bedroom end-terrace house in Highfields, Leicester, presents a mixed bag of opportunities and challenges. The location in Highfields is a clear advantage; it’s described as a popular and convenient area with good access to transport links and amenities. The proximity to well-regarded schools like Uplands Junior L.E.A.D Academy adds to its family-friendly appeal. However, the property’s condition needs considerable attention. The photos reveal a significant amount of clutter and disorganisation throughout the house, making it difficult to accurately judge the property’s structural condition. A deep clean is certainly required and potential repairs and redecoration will likely be necessary to bring the property to a marketable standard. Moreover, the complete lack of garden or outdoor space is a significant drawback for many buyers. The price of £350,000 seems a bit ambitious considering the current condition and the need for improvements; a more detailed assessment after a professional viewing would help to determine a more accurate valuation and ensure the pricing is reflective of the property’s true market value. A buyer should factor in potential refurbishment costs before making an offer.

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
4
Location
7
Land
1
Bedrooms
5
Bathrooms
2
Sqft (est)
1,591.98

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
522,019.00 £
Increased by 12.59 %
from 463,658.00 £
Est sale value
568,336.86 £
Increased by 15.91 %
from 490,329.84 £
Average area rental value
1,424.00 £/mo
Decreased by 16.14 %
from 1,698.00 £/mo
Est letting value
0.00 £/mo
Decreased by 100.00 %
from 1,591.98 £/mo
Est rental Yield
3.27 %
Decreased by 25.51 %
from 4.39 %
Crime Rate
5.00 %
Unchanged by 0.00 %
from 5.00 %

Agent Activity

  • Kings Real Estate created the listing.

Nearby Schools

NameTypeOfstedDistance
Uplands Junior L.E.A.D AcademyAcademy Sponsor LedGood0.10 KM
Uplands Infant SchoolAcademy Converter0.10 KM
Highfields Primary SchoolAcademy Converter0.26 KM
Al-Islamia Institute For EducationOther Independent SchoolInadequate0.37 KM
Medway Community Primary SchoolCommunity SchoolGood0.42 KM

Images

Gallery Melbourne Road, Highfields, Leicester, Leicesters Gallery Gallery Gallery Gallery Gallery Gallery Gallery Gallery Gallery Gallery Gallery Gallery Gallery Gallery Gallery

Nearby Streets

NameAverage PriceAverage SqftDistance
Oxendon Street £ 325,00000.00 KM
Hartington Road £ 290,00000.00 KM
Barnard Close £ 55,00000.00 KM
Maidstone Road £ 55,00000.00 KM
Slate Street £ 000.00 KM

Nearby Transport

NameNLCTLCDistance
Leicester1947LEI1.33 KM
South Wigston1949SWS6.00 KM
Syston1900SYS7.72 KM

Nearby Listings

AddressPriceTypeScoreDistance
Diseworth Street, Knighton, Leicester, Leicestershire, LE2 £ 220,000BUY6 / 100.05 KM
Diseworth Street, Highfields, Leicester, LE2 £ 230,000BUY5 / 100.05 KM
Melbourne Road, Highfields, Leicester £ 350,000BUYUnknown0.06 KM
Twycross Street, Leicester £ 310,000BUY5 / 100.20 KM
Twycross Street, Leicester £ 290,000BUYUnknown0.20 KM

Nearby Properties

AddressPriceDistance
39 Diseworth Street £ 111,0000.10 KM
28 Diseworth Street £ 109,5000.10 KM
56 Diseworth Street £ 147,5000.10 KM
10 Derwent Street £ 100,0000.10 KM
49 Derwent Street £ 177,9500.10 KM