Flat 16 Stibbe Lofts 11 Newarke Street, Leicester
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Flat 16 Stibbe Lofts 11 Newarke Street, Leicester

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We have confidence in this estimated current valuation Updated recently
£133,900
Or £870 per month to rent Powered by AVM
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Transaction history

Listing history

For Sale
Apr 10, 2014
£119,950

Property Description

Data accuracy has been checked and verified for this property.

Our analysis

Welcome to Flat 16 Stibbe Lofts 11 Newarke Street, Leicester, a cozy and compact flat type home with 1 bed in the LE1 5SN area. This lovely residence, which comes with a leasehold tenure, and sits comfortably in tax band .

This modern and well-kept property was built 2003-2006 and has a reported internal area of 59.63 internal square metres The local area is known for its high value-to-quality ratio - with a market valuation of £133,900 and a rental potential of £870 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 Apr 10, 2014. 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.

"A fine example of inner City contemporary living within this highly regarded development, this third floor apartment offers electrically heated, double glazed accommodation with a spacious open-plan living\dining\kitchen area, double bedroom, bathroom with four-piece white suite, together with communal Japanese water garden, situated within walking distance of the Leicester City centre. EPC C.

GENERAL INFORMATION: The Stibbe Building is situated on Newarke Street and is therefore ideally placed for access to the Leicester City centre which is a major centre of employment and commercial activity with many amenities including bars, restaurants, shops and clubs, as well as excellent commuting from the Main Line Railway Station on London Road with regular services to London in the south, Sheffield\Leeds in the north, and routes to the east and west. Stibbe Lofts comprises an attractive building close to the heart of the professional centre in Leicester and opposite the Phoenix Art Centre. Originally built in the early 1900's, the property was home to the textile machine builders of that name and was identified by the developers, Messrs. Carrford Developments, as an ideal property for inner City living. Messrs. Carrford Developments are niche property developers who have carried out a number of high quality schemes in the area and were anxious to develop a building true to the original concept of loft style living. The idea with this scheme was to be truer to the concept of the traditional 'Manhattan' loft and all the units are generally based on an open-plan design. GENERAL DESCRIPTION: Comprising one of only eighteen apartments, No. 16 Stibbe Lofts is located on the third floor of the building overlooking the atrium with its Japanese water garden feature. Presenting an excellent opportunity to acquire a loft style apartment, this particular unit offers accommodation which benefits from electric night storage heating and double glazing, as described below:- ON THE GROUND FLOOR: An intercom entry system provides access to a: COMMUNAL RECEPTION AREA At street level, with staircase off or via large passenger\goods lift to the third floor where apartment No. 16 is situated. ON THE THIRD FLOOR: Exit the lift and then turn left towards the apartment. Private front entrance door to apartment No. 16 provides access to: OPEN-PLAN LIVING AREA 31'6 x 14'3 (approximate measurements), comprising: LOUNGE AREA With laminate wood effect floor covering, double glazed window to front elevation fitted with venetian blind, two wall-mounted electric storage heaters, intercom system, alarm control panel, t.v., telephone and SKY points, four wall light fittings, recessed ceiling spotlighting and shelved airing cupboard off housing electric immersion heater. DINING KITCHEN AREA Of L-shaped design with range of base cupboard and drawer storage units with rolled edge work surfaces incorporating one-and-a-half bowl stainless steel sink and drainer unit with hot and cold mixer tap, plumbing for automatic washing machine and range of double glazed windows over fitted with venetian blinds. Appliances including integrated dishwasher, refrigerator and freezer, built-under single electric oven with four-ring electric hob, tiled splashback and stainless steel chimney style cooker hood over, together with wall-mounted cupboard and shelved display units. Also with laminate wood effect floor covering, ceiling light point and recessed ceiling spotlighting. From the living area there is also access to: BEDROOM 20'0 max. x 11'8 max. (6.10m max. x 3.56m max.) With electric storage heater, wall lights, high skirting boards, telephone point and sloping ceiling with double glazed 'Velux' roof light. BATHROOM Being part tiled with four-piece white suite comprising tiled bath with shower system over, pedestal wash hand basin with hot and cold mixer tap and tiled splashback, low level w.c. and fully tiled shower enclosure with shower unit incorporating flexi hose to sliding track, together with folding shower door and screen. Also with tiled floor, part tiled wall to dado rail height, electric storage heater, electric shaver point with light over, recessed ceiling spotlighting and extractor fan. From the bathroom, there is also access off to a mezzanine area above. OUTSIDE: The apartment building enjoys an internal courtyard which has been landscaped as a Japanese water garden with large rectangular shaped pond having fountain, external lighting and large pots with specimen trees. There is no parking provided for this apartment. SERVICES: All mains services, with the exception of gas, are understood to be available. Central heating is electric, domestic hot water is provided by an electric immersion heater and electric power points are fitted throughout the apartment which is double glazed. FIXTURES AND FITTINGS: All fixtures and fittings mentioned in the sale particulars are included in the sale. VIEWING: Strictly through Moore & York Ltd., who will be pleased to supply any further information required and arrange appropriate appointments. TENURE: We are advised that the property is held Leasehold on a 999 year Lease with a Service Charge of approx ?1200 p.a (increased thereafter at the discretion of the Management Committee), which covers cleaning of communal areas, lift and security entrance maintenance, fire alarms, etc.. There is also Buildings Insurance at ?181.80 p.a. Prospective purchasers should request their own Solicitor to check and confirm these details are correct. FLOOR PLANS: Purchasers should note that if a floor plan is included within property particulars it is intended to show the relationship between rooms and does not reflect exact dimensions or indeed seek to exactly replicate the layout of the property. Floor plans are produced for guidance only and are not to scale. MAKING AN OFFER: As part of our service to our Vendors, we have a responsibility to ensure that all potential buyers are in a position to proceed with any offer they make and would therefore ask any potential purchaser to speak with our Mortgage Advisor to discuss and establish how they intend to fund their purchase. Additionally, we can offer Independent Financial Advice and are able to source mortgages from the whole of the market, helping you secure the best possible deal and potentially saving you money. If you are making a cash offer, we will ask you to confirm the source and availability of your funds in order to present your offer in the best possible light to our Vendor. IMPORTANT INFORMATION: Although we endeavour to ensure the accuracy of property details we have not tested any services, heating, plumbing, equipment or apparatus, fixtures or fittings and no guarantee can be given or implied that they are connected, in working order or fit for purpose. We may not have had sight of legal documentation confirming tenure or other details and any references made are based upon information supplied in good faith by the Vendor. All floor plans and/or measurements shown/quoted are believed to be within 5% but must not be relied upon - purchasers must satisfy themselves of matters of importance by inspection or advice from their Surveyor or Solicitor. Please would you contact Moore & York to check the availability of any property and make a viewing appointment via ourselves before embarking on any journey to see a property to avoid disappointment. Directions From the agents office on Granby Street, close to the City centre, turn left at the traffic light junction onto Belvoir Street and continue through the two sets of traffic lights, eventually turn right into Pocklingtons Walk. After passing the Magistrates Court on the left hand side, turn left into Chancery Street. This gives access to the rear of the Stibbe Building.
If approaching on foot from Belvoir Street, carry straight on at Pocklingtons Walk into Newarke Street and Stibbe Lofts can be found on the right hand side. Alternatively, to reach the rear of the Stibbe Building, follow the above onto Pocklingtons Walk. After passing the Magistrates Court on the left hand side, turn left into Chancery Street where the rear of the apartment block is located. You may download, store and use the material for your own personal use and research. You may not republish, retransmit, redistribute or otherwise make the material available to any party or make the same available on any website, online service or bulletin board of your own or of any other party or make the same available in hard copy or in any other media without the website owner's express prior written consent. The website owner's copyright must remain on all reproductions of material taken from this website."

Property Data

Data point Compared to road

Estimated running costs

Running cost(monthly) Cost Opportunity
Mortgage £609 Try Mortgage Tracker
Energy £406 Try Energy Switcher
Water £50 Water meter checkup
Broadband £30 Find better offers
Home insurance £13 Explore insurance

Schools and stations

Nearby Schools
De Montfort University
0.4mi
Al-Ihsaan Community College
0.5mi
The Children's Hospital School
0.5mi
Taylor Road Primary School
0.7mi
University of Leicester
0.9mi
Nearby Stations
Leicester Station
0.3mi
South Wigston Station
3.6mi
Syston Station
4.6mi
Narborough Station
5.3mi
Sileby Station
6.7mi

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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”
New Windows
This could increase your home value by £10,000

Cost improvements

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Suggestion: Switch energy provider
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Strengths

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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 Flat 16 Stibbe Lofts 11 Newarke Street, Leicester worth?

    Flat 16 Stibbe Lofts 11 Newarke Street, Leicester is now worth £133,900 according to our Mouseprice AVM.

    If you would like to book a free agent valuation for Flat 16 Stibbe Lofts 11 Newarke Street, Leicester - click click here to get a valuation with no strings attached.

  2. What is the rental value of Flat 16 Stibbe Lofts 11 Newarke Street, Leicester?

    The current rental valuation for this property is £870 per month, within a price range of £783 and £957.

  3. How many bedrooms does Flat 16 Stibbe Lofts 11 Newarke Street, Leicester have?

    This property has 1 bedrooms. Search for nearby properties with 1 bedrooms - for sale and to rent.

  4. What are the nearest schools and stations to Flat 16 Stibbe Lofts 11 Newarke Street, Leicester?

    Nearby schools in include De Montfort University, Al-Ihsaan Community College, The Children's Hospital School, Taylor Road Primary School, University of Leicester

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

  5. What type of property is Flat 16 Stibbe Lofts 11 Newarke Street, Leicester

    This is a Flat property. There are 31 other Flat properties on NEWARKE STREET, and 41 in total.

  6. When was Flat 16 Stibbe Lofts 11 Newarke Street, Leicester built? How old is Flat 16 Stibbe Lofts 11 Newarke Street, Leicester?

    Flat 16 Stibbe Lofts 11 Newarke Street, Leicester was was built between 2003-2006.

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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