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Studio for sale

£85,000

Wheatsheaf Way, Knighton Fields, Leicester LE2

1

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Property features

  • Open plan kitchen/ dining room
  • Shower room
  • Located in the popular area of Knighton Fields
  • Steeped in heritage
  • High specification throughout
  • 10 year checkmate New Home Warranty
  • Short drive from Leicester City Centre

Property description

Plot 99
Located in the popular area of Knighton Fields this studio apartment has an open plan kitchen/ dining room and a lounge/ bedroom. There is a store room also which gives extra room for storage and you will also find a good size shower room.

Wheatsheaf Works
Welcome to Wheatsheaf Works, a premier development by the award winning Urban Rhythm. Steeped in heritage, Wheatsheaf Works is an iconic Leicester landmark. Located in the popular area of Knighton Fields just a short drive from Leicester City centre, featuring an outstanding collection of uber contemporary studios, apartments and townhouses.

The former Wheatsheaf Works Boot and Shoe Factory was built in 1891, when it was the largest shoe factory in the world. Owned by the Co-operative Wholesale Society, it supplied a wealth of employment opportunities in Leicester. Now it is set for a new lease of life.

Quarter 3 is the third phase of this exciting development, which features the much anticipated conversion of the ornate Grade II Listed New Jacobean factory building. Wheatsheaf Works, with its own clock tower, is being transformed into a series of townhouses, studios and apartments using the latest innovations to retain the existing fabric of the building.

The development boasts underground parking to specific plots and units which overlook a distinctive open landscaped courtyard. Further units, again plot specific, feature high ceilings, large windows, exposed brickwork, feature radiators to livings areas and exposed beams, to name but a few.
Floorplan(s): Floorplan 1

View original

Market activity
Average price paid £208,911 Sales 1,027 Current average value £238,465 (Zoopla Zed-Index) Value change £11,173 ▲ 4.92%

Property value data/graphs for LE2

Property type Avg. current value Avg. £ per sq ft. Avg. # beds Avg. £ paid (last 12m)
Detached £413,256 £264 3.9 £361,101
Semi-detached £219,035 £223 3.2 £201,386
Terraced £169,156 £198 2.9 £161,263
Flats £149,970 £224 1.8 £129,437

Current asking prices in LE2

Average: £217,917
Avg. current asking prices in LE2
Property type 1 bed 2 beds 3 beds 4 beds 5 beds
Houses £124,990
(5)
£188,839
(55)
£226,234
(146)
£356,595
(75)
£389,346
(23)
Flats £83,481
(104)
£157,623
(45)
£185,825
(6)
- -
All £85,385
(109)
£174,792
(100)
£224,639
(152)
£356,595
(75)
£389,346
(23)

Current asking rents in LE2

Average: £983 pcm
Avg. current asking prices in LE2
Property type 1 bed 2 beds 3 beds 4 beds 5 beds
Houses £547 pcm
(11)
£694 pcm
(55)
£748 pcm
(115)
£1,411 pcm
(135)
£1,457 pcm
(42)
Flats £563 pcm
(80)
£674 pcm
(44)
£795 pcm
(11)
£744 pcm
(5)
£405 pcm
(7)
All £561 pcm
(91)
£685 pcm
(99)
£752 pcm
(126)
£1,387 pcm
(140)
£1,307 pcm
(49)

Fun facts for LE2

Highest value in LE2
Highest value streets Zed-Index
Knighton Grange Road £1,036,921
Knighton Rise £1,004,301
Gartree Road £972,911
Manor Road £959,486
Southmeads Road £955,096
Highest turnover in LE2
Highest turnover streets Turnover
Copse Close 62.5%
Seymour Road 61.5%
Belper Close 50.0%
Autumn Road 44.0%
Marylebone Place 44.0%

What Zoopla users think of Leicester

Overall rating:

  • currently 4 stars
Very good - 76% (539 ratings)

Ratings breakdown:

  • currently stars
Community & safety
  • currently stars
Entertainment & nightlife
  • currently stars
Parks & recreation
  • currently stars
Restaurants & shopping
  • currently stars
Schools & public services
  • currently stars
Transport & travel

Rate Leicester:

Tell us what you think of this area by rating these categories.
Please note your vote will only be counted once.

Community & safety
  • currently stars
  • 1
  • 2
  • 3
  • 4
  • 5
Entertainment & nightlife
  • currently stars
  • 1
  • 2
  • 3
  • 4
  • 5
Parks & recreation
  • currently stars
  • 1
  • 2
  • 3
  • 4
  • 5
Restaurants & shopping
  • currently stars
  • 1
  • 2
  • 3
  • 4
  • 5
Schools & public services
  • currently stars
  • 1
  • 2
  • 3
  • 4
  • 5
Transport & travel
  • currently stars
  • 1
  • 2
  • 3
  • 4
  • 5

Nearby transport

  • Leicester (1.4 miles)
  • South Wigston (2.1 miles)
  • Narborough (4.3 miles)
  • East Midlands Airport (17.4 miles)
  • Coventry Airport (22.4 miles)
  • Birmingham International Airport (28.3 miles)
  • West Lynn Ferry Landing (64.3 miles)
  • King's Lynn Ferry Landing (64.5 miles)
  • Sharpness Old Docks (84.1 miles)

Nearby schools

View all schools in Leicester
  • Knighton Fields Primary Academy (0.3 miles)
  • Avenue Primary School (0.4 miles)
  • St Thomas More Catholic Voluntary Academy (0.7 miles)
  • Wyggeston and Queen Elizabeth I College (0.6 miles)
  • Leicester College co Freemen's Park Campus (0.8 miles)
  • Regent College (1.0 mile)
  • Millgate School (0.1 miles)
  • Sir Jonathan North Community College (0.4 miles)
  • The Lancaster School (0.5 miles)
Note: Distances are straight line measurements

Local info for Leicester

About the neighbours in LE2

AskMe Q&A for Leicester

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For more information about this property, please contact
Urban Rhythm - Wheatsheaf Works, LE2 on +44 116 484 9952 * (local rate)

Monthly running costs Beta

£500 Monthly total

Mortgage

Purchase price
Deposit (10%) 8,500
Repayment term 25
Interest rate 1.5
Your payment £305 /mo How Much Could I Borrow

These results are not provided by NatWest and are only indicative based on a repayment mortgage product. Repayments will be subject to the product provided and your circumstances.

Your home or property may be repossessed if you do not keep up repayments on your mortgage.

Home Insurance

Rebuild value up to £1,000,000 Contents value up to £75,000 Average insurance cost £21/mo (£257/yr)
Compare insurance deals now In partnership with uSwitch
Home insurance costs explained

Home Insurance is based on the average price of a building and contents quote for a property in this area in the last 48 months.

Source: Autonet Insurance Ltd

Energy

Gas £18 Electricity £24 Estimated energy cost £42/mo

Similar properties could save up to £120

How Much Could I Save? In partnership with uSwitch
Energy costs explained

The estimated energy cost for this property has been calculated using actual energy usage data for a property of this type, number of bedrooms and region.

Estimated consumption

Gas: 5900 kWh/year
Electricity: 1700 kWh/year

Source: National Energy Efficiency Data Framework

Council Tax

Local authority

Leicester

Estimated tax band A Council tax cost £112 /mo
when paid over 10 months
Council tax costs explained

The Council Tax cost displayed is based on the council tax band and on the basis of 2 adults living at the property. The monthly cost shown excludes any discounts and is rounded to the nearest pound.

Full information on Council Tax discount entitlements can be found on the Gov.UK’s website.

Water

Supply £11 Sewerage £9 Estimated water cost £20 /mo
Water costs explained

Water consumption is based on average water usage for the predicted occupancy of the property based on the number of bedrooms.

Total annual consumption (in cubic meters) is then averaged into a monthly cost.

Note: If you have 2 separate suppliers for water and sewage, you may receive 2 separate bills.

Contact Urban Rhythm - Wheatsheaf Works about this property

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Disclaimer

Property descriptions and related information displayed on this page, with the exclusion of Running Costs data, are marketing materials provided by Urban Rhythm - Wheatsheaf Works, and do not constitute property particulars. Please contact Urban Rhythm - Wheatsheaf Works for full details and further information. The Running Costs data displayed on this page are provided by Zoopla to give an indication of potential running costs based on various data sources. Zoopla does not warrant or accept any responsibility for the accuracy or completeness of the property descriptions, related information or Running Costs data provided here.

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