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Parkdale Road, Thurmaston, LE4 - Image 1
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Parkdale Road, Thurmaston, LE4

East Midlands

£249,950
Listed on 09/08/2025

Property Details

Bedrooms
3
Type
Semi-detached house
Area
818 sqft

Description

This three-bedroom property presents a compelling opportunity for those looking to invest in a home with renovation potential. Located in a well-regarded residential area, the property features an inviting driveway and garage. Inside, you'll find an entrance porch leading to the hallway, a spacious lounge, a dining room, and a kitchen that provides plenty of scope for modernisation. The first floor comprises three bedrooms alongside a bathroom that could benefit from updating. With gardens at both the front and rear, there is additional space for landscaping or outdoor enhancements. The property is being sold with no onward chain, making it ideal for buyers eager to start a renovation project without delay.

Investment Analysis

(LE4 area)

Above Market Value

This property is priced +5.0% above area average per sq ft

+5.0%
This Property
£306/sq ft
Area Average
£291/sq ft
Avg Rent (weekly)
£249
Avg Yield
4.6%

Renovation Potential

Medium Refurb
Est. Renovation Cost
£15,000 - £30,000
Target Value
£261,752
10% above area average per sq ft
Potential ROI
-6.5%
After renovation
Note: Renovation cost estimates are AI-generated based on property location and general characteristics, and may not reflect actual costs.
Monthly Sales
54
Average per month
Market Turnover
18%
Properties sold annually

Local Market Trend (LE4)

Area prices are stable by +1.9% over the last 12 months
3 year growth: 6.0%
5 year growth: 28.0%
Investment Disclaimer: Analysis based on LE4 area averages and may not reflect property-specific factors like condition, exact location, or unique features. Any renovation cost estimates provided are AI-generated and should be considered indicative only. Renovation costs vary significantly based on property condition and scope of work. Always conduct professional surveys and get multiple quotes before making investment decisions.

Location

Parkdale Road, Thurmaston, LE4
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Mortgage Calculator

£
£
£
%
%
years

Current average 2-year fixed rate is 4.19%

Current average variable rate is 6.78%

Monthly Repayments
£916
Based on a loan of £187,462 over 30 years at 4.19% interest

These results are estimates and are only intended as a guide. Make sure you obtain accurate figures from your lender before committing to any mortgage. Your home may be repossessed if you do not keep up repayments on a mortgage.

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YOUR HOME MAY BE REPOSSESSED IF YOU DO NOT KEEP UP REPAYMENTS ON YOUR MORTGAGE