Flat 5 Stibbe Lofts 11 Newarke Street, Leicester
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Flat 5 Stibbe Lofts 11 Newarke Street, Leicester

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We have confidence in this estimated current valuation Updated recently
£273,000
Or £1,775 per month to rent Powered by AVM
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Transaction history

Listing history

For Sale
Apr 8, 2016
£149,950

Property Description

Data accuracy has been checked and verified for this property.

Our analysis

Welcome to Flat 5 Stibbe Lofts 11 Newarke Street, Leicester, a cozy and compact flat type home with 2 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 1996-2002 and has a reported internal area of 83.75 internal square metres The local area is known for its high value-to-quality ratio - with a market valuation of £273,000 and a rental potential of £1,775 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 8, 2016. 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.

"This superb, electrically heated, PVC double glazed, Manhattan style loft apartment situated within this renowned conversion offers spacious open-plan accommodation including a well equipped and fitted kitchen open-plan to a spacious lounge/diner which in turn is semi open-plan to two double bedrooms, a well appointed bath/shower room, designated undercroft parking and communal garden area with water feature, located within easy walking distance of the Leicester City centre. EPC C.

GENERAL INFORMATION: The City offers a full range of local amenities including shopping for all needs, a wide variety of recreational amenities including cinemas, theatres, restaurants, bars and nightclubs, two universities, a large college, regular public transport services by road and rail and schooling for all ages within the vicinity. The M1\M69 motorway network for travel north and south is accessible at Junction 21 giving direct access to further major centres of employment including Northampton, Nottingham and Derby, as well as the East Midlands International Airport at Castle Donington. Stibbe Lofts comprises a superb conversion of a former textile factory into eighteen, individual, genuine, loft style apartments. The Stibbe Building is situated on Newarke Street and is therefore particularly conveniently situated for access to the Leicester City centre which is a major centre of employment and commercial activity, and to the Main Line railway station on London Road. GENERAL DESCRIPTION: Loft 5 is situated on the first floor of the building with direct outlook over the water garden and benefits from designated undercroft parking, electric central heating and PVC double glazing and offers spacious, well appointed, open-plan accommodation which is described in detail, as below:- DETAILED ACCOMMODATION ON THE GROUND FLOOR: COMMUNAL RECEPTION LOBBY Access via passenger or goods lifts or via front or rear staircases to: ON THE FIRST FLOOR: LANDING with access off to Flat No. 5 having private entrance door to: SPACIOUS LOUNGE/DINING ROOM Comprising: LIVING AREA 22'0 x 21'2 (6.71m x 6.45m) With wall-mounted entry telephone, stripped flooring, two sealed unit double glazed picture windows fitted with venetian blinds, two electric night storage heaters, t.v. and telephone points, two wall light fittings, ceiling mounted spotlighting and cupboard off housing hot water cylinder. The living area is open-plan to: DINING KITCHEN 13'10 x 9'1 (4.22m x 2.77m) With units and equipment including single bowl stainless steel sink and drainer unit with hot and cold mixer tap, separate tap for softened water, range of drawers and cupboards under and tiled splashbacks over. Integrated equipment including dishwasher, 'Moffat' oven with four-plate electric hob and three-speed cooker hood over, 'Indesit' washer\dryer and American style fridge\freezer. Also with fitted breakfast bar, double and two single wall cupboards, pendant light fitting and sealed unit double glazed picture window fitted with venetian blind. BEDROOM 1 (right hand side) 11'1 x 10'1 (3.38m x 3.07m) With electric night storage heater and four wall light fittings. This room is currently used as a study. BEDROOM 2 (left hand side) 10'9 x 10'1 (3.28m x 3.07m) With electric night storage heater and four wall light fittings. BATHROOM With four-piece white suite comprising tiled panelled bath with hot and cold mixer tap and half tiled surround, pedestal wash hand basin with hot and cold mixer tap and half tiled surround, low level w.c. and fully tiled shower cubicle with 'Aqualisa' shower unit incorporating flexi hose to sliding track, together with folding glazed shower door and screens. Also with ceramic tiled floor, electric wall heater, recessed ceiling spotlighting and wall-mounted striplight incorporating electric shaver point. OUTSIDE: To the rear of the Stibbe Building, access via Chancery Street leads to a remote operated up-and-over door which leads, in turn, to the secure ground floor car parking, protected by CCTV. Loft 5 has the benefit of a single parking space. In addition, at first floor level, there is a communal garden area with a water feature. FEATURE WATER GARDEN SERVICES: All mains services are understood to be either connected or available, with the exception of gas. The property benefits from night storage heating, an intruder alarm system, and ample electric power points are fitted throughout the property which is double glazed with PVC units. FIXTURES AND FITTINGS: All fixtures and fittings mentioned in the sales particulars, together with fitted floor coverings, light fittings, blinds and white goods, are included in the sale. TENURE: The property is held Leasehold on an original lease which terminates on 30/12/2099. A Service Charge (currently ?642.00) is paid twice a year and there is an annual contribution towards the Buildings Insurance which is ?297.50 in the current year. Prospective purchasers should request their own Solicitor to check and confirm these details are correct. VIEWING: Strictly through Moore & York Ltd., who will be pleased to supply any further information required and arrange appropriate appointments. 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. Purchasers must satisfy themselves of matters of importance by inspection or advice from their Surveyor or Solicitor. 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. 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 City centre, proceed along Belvoir Street on foot until reaching Welford Place and continue straight on into Newarke Street. Stibbe Lofts can be found at 11 Newarke Street on the right hand side. Access to the rear of the Stibbe Building (for parking) can be reached by proceeding along Belvoir Street and eventually turning right into Pocklingtons Walk, then left into Chancery Street. 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 £1,242 Try Mortgage Tracker
Energy £559 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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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
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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 5 Stibbe Lofts 11 Newarke Street, Leicester worth?

    Flat 5 Stibbe Lofts 11 Newarke Street, Leicester is now worth £273,000 according to our Mouseprice AVM.

    If you would like to book a free agent valuation for Flat 5 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 5 Stibbe Lofts 11 Newarke Street, Leicester?

    The current rental valuation for this property is £1,775 per month, within a price range of £1,597 and £1,952.

  3. How many bedrooms does Flat 5 Stibbe Lofts 11 Newarke Street, Leicester have?

    This property has 2 bedrooms. Search for nearby properties with 2 bedrooms - for sale and to rent.

  4. What are the nearest schools and stations to Flat 5 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 5 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 5 Stibbe Lofts 11 Newarke Street, Leicester built? How old is Flat 5 Stibbe Lofts 11 Newarke Street, Leicester?

    Flat 5 Stibbe Lofts 11 Newarke Street, Leicester was was built between 1996-2002.

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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