Land off Trevino Way & Shearer Close, Leicester, LE4 7TQ
AU

Land off Trevino Way & Shearer Close, Leicester, LE4 7TQ

By Auction Estates Limited

£ 10,000

Reviews

3 out of 5 stars

Auction Estates Limited says ..

An opportunity to acquire four parcels of freehold land within a housing estate extending in total to 0.27 acres to the northeast of Leicester city centre.

Property Oracle says ..

This property is an opportunity to acquire four parcels of freehold land totaling 0.27 acres in Leicester, specifically within a residential estate near Shearer Close and Trevino Way (LE4 7TQ). The land is currently undeveloped, with photos showing overgrown grass and some areas of undergrowth. The absence of structures means this is a blank canvas for development. The land is situated in a residential area, within reasonable proximity to primary schools which are ‘Good’ according to Ofsted reports and the relatively short distance to Leicester city centre suggests access to amenities. The suggested price of £10,000 appears low, considering the land area, and the property’s potential value if developed into either a single larger dwelling or smaller separate plots. Buyers should investigate potential development costs, including planning permission and potential connection to utilities, before purchasing. The lack of specific details about the location within the estate and the absence of information regarding planning permission and utility connections makes a complete valuation impossible without additional research.

Therefore, we give this property 6 / 10. *Disclaimer: This is our option and does constitute a recommendation or financial advice. Do your own research. *

Price
7
Condition
4
Location
6
Land
7
Bedrooms
0
Bathrooms
0

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
198,227.00 £
Decreased by 30.81 %
from 286,510.00 £
Average area rental value
1,098.00 £/mo
Increased by 28.27 %
from 856.00 £/mo
Est rental Yield
6.65 %
Increased by 85.24 %
from 3.59 %
Crime Rate
3.00 %
Unchanged by 0.00 %
from 3.00 %

Agent Activity

  • Auction Estates Limited created the listing.

Nearby Schools

NameTypeOfstedDistance
Sandfield Close Primary SchoolCommunity SchoolGood0.45 KM
Herrick Primary SchoolCommunity SchoolGood1.19 KM
Church Hill Infant SchoolAcademy ConverterGood1.36 KM
Church Hill Church Of England Junior SchoolAcademy ConverterGood1.36 KM
Wyvern Primary SchoolCommunity SchoolGood1.44 KM

Images

Nearby Streets

NameAverage PriceAverage SqftDistance
Thurmaston Footpath £ 000.00 KM
Troon Way £ 000.00 KM
Wetherby Road £ 000.00 KM
Selkirk Road £ 000.00 KM
Fairfax Close £ 000.00 KM

Nearby Transport

NameNLCTLCDistance
Syston1900SYS3.53 KM
Leicester1947LEI5.04 KM
Sileby1902SIL7.63 KM

Nearby Listings

AddressPriceTypeScoreDistance
Shearer Close, Rushey Mead, LE4 £ 200,000BUY6 / 100.00 KM
Shearer Close, Leicester £ 400,000BUY7 / 100.00 KM
Shearer Close, Rushey Mead, LE4 £ 325,000BUY7 / 100.06 KM
Shearer Close, Rushey Mead, Leicester £ 370,000BUY6 / 100.10 KM
Butler Close, Leicester, Leicestershire, LE4 £ 220,000BUY5 / 100.14 KM

Nearby Properties

AddressPriceDistance
12 Shearer Close £ 205,0000.00 KM
17 Shearer Close £ 110,0000.00 KM
7 Shearer Close £ 99,9500.00 KM
15 Shearer Close £ 115,0000.00 KM
2 Shearer Close £ 145,0000.00 KM