The Chimney, Leicester, Leicestershire, LE1
SO

The Chimney, Leicester, Leicestershire, LE1

By So Resi

£ 31,250

Reviews

2 out of 5 stars

So Resi says ..

Spacious two-bedroom apartment in Leicester available through Shared Ownership. This ground-floor apartment comprises an entrance hall with a storage cupboard, an open plan kitchen and reception room, two bedrooms, and a bathroom. The property also benefits from an allocated parking space and ...

Property Oracle says ..

This two-bedroom flat located in Leicester city centre presents a potentially attractive option for first-time buyers or investors. The property is situated in a convenient location, with amenities and transportation options nearby. The internal photos show a reasonably well-maintained apartment with an open-plan kitchen and living area. While the current décor might benefit from an update, the property appears structurally sound. The lack of a private garden or outdoor space is a notable downside, and the absence of a detailed breakdown of local property prices per square foot limits the accuracy of a definitive price assessment. Nevertheless, the list price appears reasonably competitive given the other similar properties listed in the area, however more comparable data is needed to make a firmer conclusion. Further consideration of the leasehold terms and any associated service charges and ground rent will be paramount before purchasing. Prospective buyers should undertake their own thorough due diligence to understand all associated costs and aspects of the purchase.

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

Price
7
Condition
6
Location
7
Land
1
Bedrooms
2
Bathrooms
0
Sqft (est)
680.00

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
340,786.00 £
Decreased by 1.37 %
from 345,517.00 £
Est sale value
258,400.00 £
Increased by 9.83 %
from 235,280.00 £
Average area rental value
1,292.00 £/mo
Increased by 0.39 %
from 1,287.00 £/mo
Est letting value
680.00 £/mo
Unchanged by 0.00 %
from 680.00 £/mo
Est rental Yield
4.55 %
Increased by 1.79 %
from 4.47 %
Crime Rate
10.00 %
Unchanged by 0.00 %
from 10.00 %

Agent Activity

  • So Resi created the listing.

Nearby Schools

NameTypeOfstedDistance
Slater Primary SchoolCommunity SchoolGood0.66 KM
De Montfort UniversityHigher Education InstitutionsGood0.86 KM
Brook Mead AcademyFree Schools0.95 KM
Castle Mead AcademyFree Schools0.96 KM
The Children'S Hospital SchoolFoundation Special SchoolOutstanding1.31 KM

Images

Nearby Streets

NameAverage PriceAverage SqftDistance
Vaughan Way £ 000.00 KM
Grafton Place £ 000.00 KM
High Street £ 000.00 KM
Ruding Street £ 000.00 KM
Pingle Wharf Approach £ 213,57100.00 KM

Nearby Transport

NameNLCTLCDistance
Leicester1947LEI1.61 KM
South Wigston1949SWS6.37 KM
Syston1900SYS8.63 KM

Nearby Listings

AddressPriceTypeScoreDistance
The Chimney, Leicester, Leicestershire, LE1 £ 32,500BUY5 / 100.00 KM
The Chimney, Leicester, Leicestershire, LE1 £ 31,250BUY5 / 100.00 KM
Junior Street, Leicester £ 155,000BUY5 / 100.01 KM
Junior Street, Leicester £ 140,000BUY5 / 100.01 KM
Junior Street, Leicester, Leicestershire, LE1 £ 110,000BUY5 / 100.01 KM

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AddressPriceDistance
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30 Friar Lane £ 279,5000.74 KM
13 Castle Street £ 190,0000.78 KM
11 Castle Street £ 187,0000.78 KM