Flat 9 Stibbe Lofts 11 Newarke Street, Leicester
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Flat 9 Stibbe Lofts 11 Newarke Street, Leicester

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We have confidence in this estimated current valuation Updated recently
£253,500
Or £1,648 per month to rent Powered by AVM
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Transaction history

Listing history

For Sale
Mar 16, 2016
£194,950

Property Description

Data accuracy has been checked and verified for this property.

Our analysis

Welcome to Flat 9 Stibbe Lofts 11 Newarke Street, Leicester, a charming and spacious 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 classic property was built 1900-1929 and has a reported internal area of 163 internal square metres The local area is known for its high value-to-quality ratio - with a market valuation of £253,500 and a rental potential of £1,648 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 Mar 16, 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.

"A superb, electrically heated, PVC double glazed, Manhattan style loft apartment situated within this renowned conversion offering spacious accommodation including an entrance hall, fitted kitchen with study/living area and semi open-plan to a spacious lounge/diner, two double bedrooms, a well appointed bathroom, secure car parking and communal garden area, located within easy 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. 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. 9 Stibbe Lofts is located on the second floor. 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:- DETAILED ACCOMMODATION ON THE GROUND FLOOR: An intercom entry system provides access to a: COMMUNAL RECEPTION AREA At street level, with staircase off or via a lift or a further large passenger\goods lift to the second floor where apartment No. 9 is situated. ON THE SECOND FLOOR: Exit the lift. Private front entrance door to apartment No. 9 provides access to: ENTRANCE HALLWAY With laminate wood effect floor covering and recessed ceiling spotlighting. The hallway leads to: OPEN-PLAN LIVING\GAMES AREA Comprising: GAMES AREA 28'8 x 12'1 (8.74m x 3.68m) With laminate wood effect floor covering, UPVC double glazed window to rear elevation, electric heater and two wall light fittings. LIVING AREA With two windows, electric heater, recessed ceiling spotlighting and t.v. point. The living area is semi open-plan to: OPEN-PLAN DINING & KITCHEN AREA 32'5 x 11'9 (9.88m x 3.58m) Comprising: DINING AREA With window fitted with venetian blind, wall light point and ceiling spotlighting. KITCHEN AREA Fitted with a range of matching wall and base units incorporating stainless steel bowl and drainer unit and integrated appliances including dishwasher, washer\dryer and electric oven with four-ring electric hob and extractor hood over. Also with laminate wood effect floor covering, UPVC double glazed window to rear elevation and space for fridge\freezer. BEDROOM 1 14'2 x 13'1 (4.32m x 3.99m) With electric heater. BEDROOM 2 12'8 max. x 9'6 max. (3.86m max. x 2.90m max.) With laminate wood effect floor covering and electric heater. BATHROOM With four-piece suite comprising panelled bath, pedestal wash hand basin with hot and cold mixer tap, low level w.c. And separate fully tiled shower enclosure with shower unit incorporating flexi hose to sliding track, together with folding shower door and screen. Also with tiled floor, electric storage heater, recessed ceiling spotlighting and shelved airing cupboard housing lagged hot water cylinder. OUTSIDE: The apartment benefits from an undercroft allocated parking space which is accessed via a secure roller gate which is located off Chancery Street. COMMUNAL GARDEN AREA 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. 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 with UPVC units. FIXTURES AND FITTINGS: All fixtures and fittings mentioned in the sale particulars are included in the sale. Additional furnishings may be available by separate negotiation. TENURE: We are advised that the property is held Leasehold on a 999 year Lease with no Ground Rent payable. We are further advised that there is a Service Charge of approximately ?130 pcm which covers the cleaning of communal areas, lift and security entrance maintenance, fire alarms, etc., with Buildings Insurance at ?297.50 per annum. 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. The Vendor(s) of this property has (have) completed a Property Information Questionnaire which provides prospective purchasers with important information about the property which you may wish to consider before viewing or making an offer. Please enquire with the relevant office if you would like to view a copy. 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 Granby Street, close to the City centre, proceed along 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. 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 £1,153 Try Mortgage Tracker
Energy £1,263 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
๐Ÿค”
New Windows
This could increase your home value by £10,000

Cost improvements

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

Strengths

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Strength: High floor area
Very spacious living area
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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 9 Stibbe Lofts 11 Newarke Street, Leicester worth?

    Flat 9 Stibbe Lofts 11 Newarke Street, Leicester is now worth £253,500 according to our Mouseprice AVM.

    If you would like to book a free agent valuation for Flat 9 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 9 Stibbe Lofts 11 Newarke Street, Leicester?

    The current rental valuation for this property is £1,648 per month, within a price range of £1,483 and £1,813.

  3. How many bedrooms does Flat 9 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 9 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 9 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 9 Stibbe Lofts 11 Newarke Street, Leicester built? How old is Flat 9 Stibbe Lofts 11 Newarke Street, Leicester?

    Flat 9 Stibbe Lofts 11 Newarke Street, Leicester was was built between 1900-1929.

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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