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Barclay Street, West End, Leicester - Image 1
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Barclay Street, West End, Leicester

East Midlands

£235,000
Listed on 13/05/2025

Property Details

Bedrooms
3
Type
Terraced house
Area
1199 sqft

Description

This spacious three-bedroom terraced property offers a wealth of character and original features, making it an ideal prospect for both first-time buyers interested in a light renovation project and investors seeking a property with significant potential for appreciation. Situated just off Narborough Road, this home is approximately a mile and a half from the vibrant Leicester city center. Its location provides convenient access to an array of popular bars, restaurants, and essential amenities located along Narborough Road and Braunstone Gate, enhancing its appeal for renters or future buyers. Entering through a charming storm porch adorned with period tiles, you are welcomed into an entrance hall that leads to the staircase and includes practical understairs storage. The generously sized sitting room features a traditional sash bay window, picture rail detailing, ceiling coving, and a capped fireplace that adds to the room's character. A wooden concertina door connects this space to the dining room, which also boasts its own fireplace and opens onto the garden through elegant wooden double doors. The light-filled dining kitchen is equipped with white cabinetry complemented by sleek black countertops. With ample space for a dining table, it includes two windows—one side-facing and one bay—that let in plenty of natural light. A practical utility area adjoins the kitchen; it's equipped with plumbing for laundry appliances and provides direct access to the rear garden. On the first floor, the master bedroom is notably large, featuring dual front-facing windows that brighten the space. The second bedroom is also double-sized and benefits from built-in storage as well as a rear-facing uPVC window. The third bedroom has a side window that adds additional light. Completing this level is the bathroom, which includes an obscured rear window, bath with shower over, wash hand basin, WC, radiator, laminate flooring, and tiled walls. Outside, the property features a low-maintenance walled courtyard at the front. Accessible via side pathways leads to an enclosed rear garden with paving as well as two brick-built outbuildings that present opportunities for further development or storage. This freehold property is offered with all mains services and gas central heating already installed. Located within an area that sees consistent demand from tenants and buyers alike due to its proximity to local conveniences and transport links makes it poised for future value growth.

Investment Analysis

(LE3 area)

Below Market Value

This property is priced -22.4% below area average per sq ft

-22.4%
Potential saving
This Property
£196/sq ft
Area Average
£253/sq ft
Avg Rent (weekly)
£265
Avg Yield
5.5%

Renovation Potential

Light Refurb
Est. Renovation Cost
£15,000 - £25,000
Target Value
£333,286
10% above area average per sq ft
Potential ROI
+28.2%
After renovation
Note: Renovation cost estimates are AI-generated based on property location and general characteristics, and may not reflect actual costs.
Monthly Sales
67
Average per month
Market Turnover
16%
Properties sold annually

Local Market Trend (LE3)

Area prices are stable by +1.1% over the last 12 months
3 year growth: 0.2%
5 year growth: 24.0%
Investment Disclaimer: Analysis based on LE3 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

Barclay Street, West End, Leicester
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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
£861
Based on a loan of £176,250 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