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Petworth Drive, Leicester, LE3

East Midlands

£300,000
Listed on 03/07/2025

Property Details

Bedrooms
3
Type
Semi-detached house
Area
1047 sqft

Description

This three-bedroom semi-detached home is situated in a desirable residential area, making it an appealing option for first-time buyers, families, or investors looking for renovation potential. Located in the heart of Braunstone Town, the property enjoys easy access to a variety of local amenities, reputable schools, and excellent transport links while maintaining a tranquil atmosphere. Upon entering, you'll find a practical porch that leads into a central hallway granting access to the main living spaces. The light-filled lounge provides a comfortable area for relaxation and connects seamlessly to the conservatory. This additional space offers views of the rear garden and can be utilized as an extra family room, dining area, or home office—adaptable to suit your needs. The kitchen/dining room at the front of the property presents an opportunity for modernization. Its functional layout includes existing units and ample space for family dining, allowing you to customize it according to your preferences. Upstairs are three well-sized bedrooms: two generous doubles and a smaller room suitable for use as a single bedroom, nursery, or study. A modern family bathroom efficiently services these rooms. Externally, off-road parking is available on the driveway at the front, while the rear garden offers a well-kept outdoor area ideal for children and pets or summer gatherings. There is also significant potential to extend either to the rear or side of the property (subject to planning permission), enhancing its long-term appeal. Petworth Drive itself is known for its quiet charm yet provides convenient access to Fosse Park and Meridian Leisure Park as well as Leicester city center. Major roadways such as the M1 and M69 are easily reachable, making commuting straightforward. Additionally, nearby bus routes, shops, parks, and schools contribute to this location's overall attractiveness. Overall, this property not only meets current living needs but also holds great promise for future investment through renovations and expansions.

Investment Analysis

(LE3 area)

Above Market Value

This property is priced +15.4% above area average per sq ft

+15.4%
This Property
£287/sq ft
Area Average
£248/sq ft
Avg Rent (weekly)
£227
Avg Yield
4.8%

Renovation Potential

Est. Renovation Cost
£30,000 - £75,000
10-25% of property value
Target Value
£285,967
10% above area average per sq ft
Potential ROI
-23.7%
After renovation
Monthly Sales
66
Average per month
Market Turnover
36%
Properties sold annually

Local Market Trend (LE3)

Area prices are rising by +2.1% over the last 12 months
3 year growth: 5.2%
5 year growth: 27.2%
Investment Disclaimer: Analysis based on LE3 area averages and may not reflect property-specific factors like condition, exact location, or unique features. 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

Petworth Drive, Leicester, LE3
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