Leicester Road, OADBY, Leicester, Leicestershire, LE2
CO

Leicester Road, OADBY, Leicester, Leicestershire, LE2

By Corley Estate Agents

£ 100,000

Reviews

2 out of 5 stars

Corley Estate Agents says ..

2nd Floor 2 Bedroom Flat | NO UPWARD CHAIN | Requires Renovation | GFCH & DG | Call Agent to View

Property Oracle says ..

This property is a two-bedroom flat located in Victoria Court, Oadby, Leicestershire. The listing highlights its location in a generally desirable area with access to good schools and transport links. However, the photographs reveal a property in significant need of modernisation. The interior is dated, with worn carpets, outdated kitchen and bathroom fixtures, and significant wear and tear evident throughout. The property lacks a garden, which may be typical for a flat but still limits outdoor space. The asking price of £100,000 appears to reflect the considerable refurbishment needed; however, without sufficient comparable data on square foot prices for similar properties requiring extensive renovations, it is difficult to definitively assess if it represents exceptional value. Buyers should conduct thorough due diligence, including obtaining professional assessments for potential renovation costs before making an offer. While the location is a positive aspect, the condition is a major drawback that needs substantial financial investment to address. The lack of land is a standard factor for flats in this area. The price reflects the project nature of this property rather than a move-in ready home.

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
3
Location
7
Land
1
Bedrooms
2
Bathrooms
1
Sqft (est)
836.03

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
413,725.00 £
Decreased by 24.83 %
from 550,396.00 £
Est sale value
505,798.15 £
Increased by 87.31 %
from 270,037.69 £
Average area rental value
642.00 £/mo
Decreased by 62.06 %
from 1,692.00 £/mo
Est letting value
0.00 £/mo
from 0.00 £/mo
Est rental Yield
1.86 %
Decreased by 49.59 %
from 3.69 %
Crime Rate
12.00 %
Unchanged by 0.00 %
from 12.00 %

Agent Activity

  • Corley Estate Agents marked this listing as sold.

  • Corley Estate Agents created the listing.

Nearby Schools

NameTypeOfstedDistance
Langmoor Primary School OadbyAcademy Converter0.90 KM
Leicester High School For GirlsOther Independent School1.23 KM
Launde Primary SchoolAcademy Converter1.23 KM
Saint John Fisher Catholic Voluntary Academy, Wigston, LeicestershireAcademy ConverterGood1.64 KM
Glenmere Community Primary SchoolAcademy ConverterOutstanding1.66 KM

Images

Nearby Streets

NameAverage PriceAverage SqftDistance
North Street £ 000.00 KM
Hornbeam Close £ 000.00 KM
Oaks Way £ 000.00 KM
Hawthorn Grove £ 000.00 KM
Albion Court £ 000.00 KM

Nearby Transport

NameNLCTLCDistance
Leicester1947LEI5.14 KM
South Wigston1949SWS5.67 KM

Nearby Listings

AddressPriceTypeScoreDistance
Leicester Road, Leicester, LE2 £ 150,000BUY6 / 100.02 KM
Victoria Court, London Road, Oadby £ 100,000BUY5 / 100.07 KM
Meadowcourt Road, Leicester £ 795,000BUY7 / 100.10 KM
Meadowcourt Road, Leicester £ 795,000BUY8 / 100.10 KM
Meadowcourt Road, Oadby, Leicestershire £ 820,000BUY8 / 100.10 KM

Nearby Properties

AddressPriceDistance
32 Meadowcourt Road £ 250,0000.13 KM
2a Meadowcourt Road £ 637,5000.13 KM
14 Meadowcourt Road £ 602,0000.13 KM
2b Meadowcourt Road £ 520,0000.13 KM
20 Meadowcourt Road £ 575,0000.13 KM