Amhurst Close, New Parks, LE3
NE

Amhurst Close, New Parks, LE3

By Newton Fallowell

£ 200,000

Reviews

2 out of 5 stars

Newton Fallowell says ..

EXCITING PROJECT! - Offered to the market with no upward chain, this three bedroom semi detached home requires modernisation but boasts amazing potential and would ideally suit first time buyers situated within close proximity to major road links or growing families being within walking distan...

Property Oracle says ..

This three-bedroom semi-detached house located on Amhurst Close in New Parks, Leicester, presents a mixed picture. Its location offers good access to local amenities, including schools with good Ofsted ratings, and is reasonably close to transportation links. However, the property is in need of a substantial renovation. The dated interiors, worn carpets and visible wall damage are prominent. The property also features an average sized garden, suitable, but nothing special.

The asking price of £200,000 needs to be examined carefully. Although there are more expensive properties nearby, this house requires significant investment for modernisation. Therefore, the current listing price reflects a balance of location and area prices versus the necessary repair work, suggesting an average market value for this property type in the area. Potential buyers should factor in the cost of refurbishment before making an offer. The property could appeal to those willing to undertake a renovation project, or a savvy investor able to purchase at a discounted price and create value. However, those unwilling to take on this level of property restoration might find this project too daunting.

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
4
Location
7
Land
3
Bedrooms
3
Bathrooms
1
Sqft (est)
1,002.12

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
430,000.00 £
Decreased by 17.39 %
from 520,527.00 £
Est sale value
486,028.20 £
Increased by 23.41 %
from 393,833.16 £
Average area rental value
1,715.00 £/mo
Increased by 5.67 %
from 1,623.00 £/mo
Est letting value
1,002.12 £/mo
Unchanged by 0.00 %
from 1,002.12 £/mo
Est rental Yield
4.79 %
Increased by 28.07 %
from 3.74 %
Crime Rate
5.00 %
Unchanged by 0.00 %
from 5.00 %

Agent Activity

  • Newton Fallowell marked this listing as sold.

  • Newton Fallowell created the listing.

Nearby Schools

NameTypeOfstedDistance
New College LeicesterFoundation SchoolGood1.05 KM
Forest Lodge AcademyAcademy Converter1.07 KM
Stokes Wood Primary SchoolCommunity SchoolGood1.10 KM
The Hall SchoolCommunity SchoolGood1.11 KM
Parks Primary SchoolCommunity SchoolOutstanding1.12 KM

Images

Nearby Streets

NameAverage PriceAverage SqftDistance
Kemp Road £ 230,00000.00 KM
St. Oswald Road £ 325,00000.00 KM
Holmwood Drive £ 170,00000.00 KM
Hudson Close £ 000.00 KM
Greencoat Road £ 000.00 KM

Nearby Transport

NameNLCTLCDistance
Leicester1947LEI5.88 KM
South Wigston1949SWS8.87 KM
Narborough1881NBR9.41 KM

Nearby Listings

AddressPriceTypeScoreDistance
Amhurst Close, New Parks, LE3 £ 200,000BUY5 / 100.00 KM
New Parks Boulevard, Leicester £ 270,000BUYUnknown0.24 KM
Glazebrook Road, Leicester £ 260,000BUY6 / 100.26 KM
Glazebrook Road, Leicester £ 160,000BUY6 / 100.27 KM
Birds Nest Avenue, Leicester £ 190,000BUYUnknown0.28 KM

Nearby Properties

AddressPriceDistance
29 Amhurst Close £ 105,0000.04 KM
2 Amhurst Close £ 116,0000.04 KM
25 Amhurst Close £ 155,0000.04 KM
10 Amhurst Close £ 150,0000.04 KM
13 Amhurst Close £ 86,0000.04 KM