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 %
- Average area rental value
- 1,098.00 £/moIncreased by 28.27 %
- Est rental Yield
- 6.65 %Increased by 85.24 %
- Crime Rate
- 3.00 %Unchanged by 0.00 %
Agent Activity
Auction Estates Limited created the listing.
Nearby Schools
| Name | Type | Ofsted | Distance |
|---|---|---|---|
| Sandfield Close Primary School | Community School | Good | 0.45 KM |
| Herrick Primary School | Community School | Good | 1.19 KM |
| Church Hill Infant School | Academy Converter | Good | 1.36 KM |
| Church Hill Church Of England Junior School | Academy Converter | Good | 1.36 KM |
| Wyvern Primary School | Community School | Good | 1.44 KM |
Images
Nearby Streets
| Name | Average Price | Average Sqft | Distance |
|---|---|---|---|
| Thurmaston Footpath | £ 0 | 0 | 0.00 KM |
| Troon Way | £ 0 | 0 | 0.00 KM |
| Wetherby Road | £ 0 | 0 | 0.00 KM |
| Selkirk Road | £ 0 | 0 | 0.00 KM |
| Fairfax Close | £ 0 | 0 | 0.00 KM |
Nearby Transport
| Name | NLC | TLC | Distance |
|---|---|---|---|
| Syston | 1900 | SYS | 3.53 KM |
| Leicester | 1947 | LEI | 5.04 KM |
| Sileby | 1902 | SIL | 7.63 KM |
Nearby Listings
| Address | Price | Type | Score | Distance |
|---|---|---|---|---|
| Shearer Close, Rushey Mead, LE4 | £ 200,000 | BUY | 6 / 10 | 0.00 KM |
| Shearer Close, Leicester | £ 400,000 | BUY | 7 / 10 | 0.00 KM |
| Shearer Close, Rushey Mead, LE4 | £ 325,000 | BUY | 7 / 10 | 0.06 KM |
| Shearer Close, Rushey Mead, Leicester | £ 370,000 | BUY | 6 / 10 | 0.10 KM |
| Butler Close, Leicester, Leicestershire, LE4 | £ 220,000 | BUY | 5 / 10 | 0.14 KM |
Nearby Properties
| Address | Price | Distance |
|---|---|---|
| 12 Shearer Close | £ 205,000 | 0.00 KM |
| 17 Shearer Close | £ 110,000 | 0.00 KM |
| 7 Shearer Close | £ 99,950 | 0.00 KM |
| 15 Shearer Close | £ 115,000 | 0.00 KM |
| 2 Shearer Close | £ 145,000 | 0.00 KM |