85 Luther Street, Leicester
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85 Luther Street, Leicester

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We have confidence in this estimated current valuation Updated recently
£143,000
Or £930 per month to rent Powered by AVM
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Transaction history

Listing history

For Sale
Feb 9, 2017
£100,000
For Sale
May 24, 2017
£100,000

Property Description

Data accuracy has been checked and verified for this property.

Our analysis

Welcome to 85 Luther Street, Leicester, a cozy and compact terraced type home with 3 bed in the LE3 0QH area. This lovely residence, which comes with the freedom and stability of a freehold ownership, and sits comfortably in tax band A.

This classic property was built 1900-1929 and has a reported internal area of 75 internal square metres The local area is known for its high value-to-quality ratio - with a market valuation of £143,000 and a rental potential of £930 per month, , it represents not just a residence but a worthwhile investment in a sought-after area.

You can discover more about this property by reading the Mouseprice attributes tables in the next section, or if you are the owner and would like to update this property, for example if you've built an extension, you can do so at the top of this page.

Additional analysis

In addition to our own current description, this property has received a tailor-made description dated to Feb 9, 2017. It's possible the property has changed since then, but we are dedicated to giving you everything you need to make smart property decisions. Here's a snippet, and if you'd like to view the full thing, just click to expand.

"***INVESTMENT OPPORTUNITY, THREE BED TERRACE*** An ideal opportunity to, purchase this three bedroom terrace house located just off the Hinckley Road, this would make an ideal rental property as it is within walking distance to the city centre and the universities. The property has double glazing and gas fires to wall. Entry to the property leads into the open plan dining room and lounge with gas fires to walls and door with staircase rising to the first floor. The fitted kitchen has a range of base and wall units with work surfaces over, sink and drainer with mixer tap, gas cooker, tiled splash backs, plumbing for washing machine and door leading to rear lobby which leads to the back door and into the bathroom. The bathroom has a three piece suite comprising a panelled bath with electric shower over, pedestal wash hand basin, low level w.c. And window to the side. To the first floor are three bedrooms and the landing has access to the loft. To the outside is a rear paved courtyard, with gate to side and walls to boundaries. The property is offered with No Chain. This property is for sale by The Central Midlands Property Auction powered by iam-sold. This property is for sale by the Modern Method of Auction which is not to be confused with Traditional auction. The Modern Method of Auction is a flexible buyer friendly method of purchase. We do not require the purchaser to exchange contracts immediately, but grant 28 days to achieve exchange of contracts from the date the buyer’s solicitor is in receipt of the draft contracts and a further 28 days thereafter to complete. Allowing the additional time to exchange on the property means interested parties can proceed with traditional residential finance. Upon close of a successful auction or if the vendor accepts an offer during the auction, the buyer will be required to put down a non-refundable Reservation Fee of 3.5% plus VAT subject to a minimum of £5,000 plus VAT which secures the transaction and takes the property off the market. The buyer will be required to sign an Acknowledgment of Reservation form to confirm acceptance of terms prior to solicitors being instructed. Copies of the Reservation form and all terms and conditions can be found in the Legal Pack which can be downloaded for free from the auction section of our website or requested from our Auction Department. Please note this property is subject to an undisclosed Reserve Price which is generally no more than 10% in excess of the Starting Bid. Both the Starting Bid and Reserve Price can be subject to change. Terms and conditions apply to the Modern Method of Auction, which is operated by The Central Midlands Property Auction powered by iam-sold Ltd. TO VIEW OR MAKE A BID – Contact “Harrison Murray, 233 Hinckley Road, LE3 0TG 0116 2545599” or visit: www.centralmidlandspropertyauction.co.uk. For More Information Contact Gabriel or Alice at Harrison Murray on 0116 2545599. General Information Tenure: Freehold. Local Authority: Leicester City Council. The agency website indicates council tax band A. The Electrical and Gas appliance items have not been tested for use by Harrison Murray property services. Situation The convenient and sought-after suburb of the Hinckley Road is located to the west of the City centre and is well known for its popularity in terms of convenience for access to the centre of employment and all the excellent amenities therein, as well as junction 21 of the M1/M69 motorway network for travel North, South and West, and the adjoining Fosse Park and Meridian Shopping, Entertainment, Retail and Business centres. Western Park offers a range of local neighbourhood amenities including excellent shopping, and regular bus services to the Leicester City centre. Directions Start out on Bolton Road, turn left onto the Hinckley Road at the traffic signals turn right onto Fosse Road Central, at traffic signals turn left onto Hinckley Road and then turn right onto Luther Street. The property can be identified by the Harrison Murray "For Sale" board."

Property Data

Data point Compared to road
Tax band A
73 sqm plot

Estimated running costs

Running cost(monthly) Cost Opportunity
Mortgage £651 Try Mortgage Tracker
Energy £1,663 Try Energy Switcher
Water £50 Water meter checkup
Broadband £30 Find better offers
Home insurance £13 Explore insurance

Schools and stations

Nearby Schools
Braunstone Community Primary School
0.1mi
Emmanuel Christian School
0.1mi
Queensmead Primary Academy
0.3mi
Kingsway Primary School
0.6mi
The Winstanley School
0.7mi
Nearby Stations
Leicester Station
2.4mi
South Wigston Station
3.7mi
Narborough Station
4.0mi
Syston Station
6.2mi
Sileby Station
7.8mi

Comparable properties

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Photos

Strengths and Opportunities

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Renovation improvements

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New Kitchen
This could increase your home value by £15,000
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New Bathroom
This could increase your home value by £5,000
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Air Conditioning
This could increase your home value by £7,000
๐Ÿค”
Greener Home
This could increase your home value by £5,000

Cost improvements

๐Ÿค”
๐Ÿค”
Suggestion: Switch energy provider
Click here to view providers

Strengths

๐Ÿ˜€
Strength: Freehold ownership
This property has the support and stability of full freehold ownership.
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Strength: Good price per square metres
The most similar local properties have a comparable price per square metre.

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Frequently asked questions

  1. How much is 85 Luther Street, Leicester worth?

    85 Luther Street, Leicester is now worth £143,000 according to our Mouseprice AVM.

    If you would like to book a free agent valuation for 85 Luther Street, Leicester - click click here to get a valuation with no strings attached.

  2. What is the rental value of 85 Luther Street, Leicester?

    The current rental valuation for this property is £930 per month, within a price range of £837 and £1,022.

  3. How many bedrooms does 85 Luther Street, Leicester have?

    This property has 3 bedrooms. Search for nearby properties with 3 bedrooms - for sale and to rent.

  4. What are the nearest schools and stations to 85 Luther Street, Leicester?

    Nearby schools in include Braunstone Community Primary School, Emmanuel Christian School, Queensmead Primary Academy, Kingsway Primary School, The Winstanley School

    Nearby stations in include Leicester Station, South Wigston Station, Narborough Station, Syston Station, Sileby Station.

  5. What type of property is 85 Luther Street, Leicester

    This is a Terraced property. There are 50 other Terraced properties on LUTHER STREET, and 53 in total.

  6. When was 85 Luther Street, Leicester built? How old is 85 Luther Street, Leicester?

    85 Luther Street, Leicester was was built between 1900-1929.

Breadcrumbs

Disclaimer

Whilst all reasonable effort is made to ensure the information in this publication is current, Mouseprice does not warrant the accuracy or completeness (including reliability, currency or suitability) of the data and information contained on this page, and accepts no liability (including without limitation, liability in negligence) for any loss or damage or costs (including consequential damage) arising in connection with the data and information contained on this page.

Nearby locations

Leicester, Leicestershire Hinckley, Leicestershire Loughborough, Leicestershire Melton Mowbray, Leicestershire Oakham, Rutland Market Harborough, Leicestershire Lutterworth, Leicestershire Wigston, Leicestershire Ashby-de-la-zouch, Leicestershire Coalville, Leicestershire