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Marlow Road, Leicester, LE3

East Midlands

£180,000
Listed on 29/12/2025

Property Details

Bedrooms
3
Type
Terraced house
Area
904 sqft

Description

This three-bedroom palisaded terrace presents an excellent investment opportunity, suitable for first-time buyers or seasoned investors. Having primarily served as a rental for students from nearby universities, the property features two reception rooms, a kitchen, and a bathroom on the ground floor, alongside three bedrooms and a WC on the first floor. The rear garden offers ample space for landscaping or outdoor activities, providing significant enhancement potential. The absence of an upward chain simplifies the buying process for those looking to personalize their new home. Located just off Narborough Road, it benefits from proximity to local amenities, efficient bus routes into the city centre, and access to green spaces like Aylestone Meadows. Fosse Shopping Park is conveniently only a five-minute drive away, making this property not only practical but also strategically positioned for future growth.

Investment Analysis

(LE3 area)

Below Market Value

This property is priced -21.2% below area average per sq ft

-21.2%
Potential saving
This Property
£199/sq ft
Area Average
£253/sq ft
Avg Rent (weekly)
£252
Avg Yield
5.2%

Renovation Potential

Medium Refurb
Est. Renovation Cost
£15,000 - £25,000
Target Value
£251,235
10% above area average per sq ft
Potential ROI
+22.6%
After renovation
Note: Renovation cost estimates are AI-generated based on property location and general characteristics, and may not reflect actual costs.
Monthly Sales
70
Average per month
Market Turnover
36%
Properties sold annually

Local Market Trend (LE3)

Area prices are stable by +0.1% over the last 12 months
3 year growth: 1.3%
5 year growth: 23.6%
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

Marlow Road, Leicester, LE3
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Mortgage Calculator

£
£
£
%
%
years

Current average 2-year fixed rate is 4.06%

Current average variable rate is 6.81%

Monthly Repayments
£649
Based on a loan of £135,000 over 30 years at 4.06% 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.

Next Steps

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