5 School Lane, Leicester
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5 School Lane, Leicester

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We have confidence in this estimated current valuation Updated recently
£230,750
Or £1,500 per month to rent Powered by AVM
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Transaction history

Listing history

For Sale
Aug 20, 2022
£190,000
For Sale
Dec 26, 2022
£210,000

Property Description

Data accuracy has been partially verified for this property. More info on modelled data points below.

Our analysis

Welcome to 5 School Lane, Leicester, a cozy and compact semi-detached type home with 3 bed in the LE7 3QL area. This lovely residence, which comes with the freedom and stability of a freehold ownership, and sits comfortably in tax band B.

This classic property was built The local area is known for its high value-to-quality ratio - with a market valuation of £230,750 and a rental potential of £1,500 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 Aug 20, 2022. 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 is a well presented three bedroom semi-detached house set within the heart of Barkby. This home is generous throughout and offers scope to add significant additional living space to the rear (STPP). Ideally placed on a quiet cul de sac road in a desired Charnwood village.

In brief the property comprises of hallway, lounge diner and kitchen. The first floor offers a modern family bathroom and three bedrooms.

Some other main features to note include an established rear garden with lawn and patio, double glazed windows and doors, modern gas central heating, log burner, built in storage, modern floor coverings and a generous driveway for multi vehicle parking to front.

This home is perfectly placed for local schooling, public house, major shopping centre lifestyle amenities and countryside walks.

This property is for sale by the Modern Method of Auction. Should you view, offer or bid on the property, your information will be shared with the Auctioneer, iamsold.
This method of auction requires both parties to complete the transaction within 56 days of the draft contract for sale being received by the buyers solicitor. This additional time allows buyers to proceed with mortgage finance (subject to lending criteria, affordability and survey).
The buyer is required to sign a reservation agreement and make payment of a non-refundable Reservation Fee. This being 4.2% of the purchase price including VAT, subject to a minimum of ยฃ6,000.00 including VAT. The Reservation Fee is paid in addition to purchase price and will be considered as part of the chargeable consideration for the property in the calculation for stamp duty liability.
Buyers will be required to go through an identification verification process with iamsold and provide proof of how the purchase would be funded.
This property has a Buyer Information Pack which is a collection of documents in relation to the property. The documents may not tell you everything you need to know about the property, so you are required to complete your own due diligence before bidding. A sample copy of the Reservation Agreement and terms and conditions are also contained within this pack.
The buyer will also make payment of ยฃ300.00 including VAT towards the preparation cost of the pack, where it has been provided by iamsold.
The property is subject to an undisclosed Reserve Price with both the Reserve Price and Starting Bid being subject to change.
Referral Arrangements
The Partner Agent and Auctioneer may recommend the services of third parties to you. Whilst these services are recommended as it is believed they will be of benefit; you are under no obligation to use any of these services and you should always consider your options before services are accepted.
Where services are accepted the Auctioneer or Partner Agent may receive payment for the recommendation and you will be informed of any referral arrangement and payment prior to any services being taken by you.
"

Property Data

Data point Compared to road
Tax band B
362 sqm plot

Estimated running costs

Running cost(monthly) Cost Opportunity
Mortgage £1,050 Try Mortgage Tracker
Energy ££600 Try Energy Switcher
Water £50 Water meter checkup
Broadband £30 Find better offers
Home insurance £13 Explore insurance

Schools and stations

Nearby Schools
The Merton Primary School
0.4mi
The Pochin School
0.7mi
St Peter and St Paul Church of England Academy
1.2mi
Wreake Valley Academy
1.3mi
Queniborough Church of England Primary School
1.7mi
Nearby Stations
Syston Station
0.8mi
Sileby Station
3.5mi
Leicester Station
4.4mi
Barrow Upon Soar Station
5.5mi
South Wigston Station
7.6mi

Comparable properties

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Photos

Strengths and Opportunities

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Renovation improvements

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

Cost improvements

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

Strengths

๐Ÿ˜€
Strength: High plot size
A large plot with plenty of room
๐Ÿ˜€
Strength: Freehold ownership
This property has the support and stability of full freehold ownership.
๐Ÿ˜€
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 5 School Lane, Leicester worth?

    5 School Lane, Leicester is now worth £230,750 according to our Mouseprice AVM.

    If you would like to book a free agent valuation for 5 School Lane, Leicester - click click here to get a valuation with no strings attached.

  2. What is the rental value of 5 School Lane, Leicester?

    The current rental valuation for this property is £1,500 per month, within a price range of £1,350 and £1,650.

  3. How many bedrooms does 5 School Lane, 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 5 School Lane, Leicester?

    Nearby schools in include The Merton Primary School, The Pochin School, St Peter and St Paul Church of England Academy, Wreake Valley Academy, Queniborough Church of England Primary School

    Nearby stations in include Syston Station, Sileby Station, Leicester Station, Barrow Upon Soar Station, South Wigston Station.

  5. What type of property is 5 School Lane, Leicester

    This is a Semi-Detached property. There are 6 other Semi-Detached properties on SCHOOL LANE, and 19 in total.

  6. When was 5 School Lane, Leicester built? How old is 5 School Lane, Leicester?

    5 School Lane, Leicester was was built between .

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