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Narborough Road South, Leicester, Leicestershire

East Midlands

£250,000
Listed on 21/10/2025

Property Details

Bedrooms
3
Type
Detached house
Area
1102 sqft

Description

This three-bedroom detached home in Braunstone Town presents a unique opportunity for those seeking a renovation project in a sought-after LE3 location. With a focus on modernization, this property offers ample living space and a flexible layout that can be tailored to your preferences. Upon entering through the spacious hallway, you’ll find an open-plan living and dining area that encourages natural light throughout. The separate kitchen, featuring contemporary units and a large window overlooking the rear garden, is ready to be updated according to your vision. Utility necessities including a downstairs WC and storage options enhance practicality on this level. The upstairs layout consists of two generous double bedrooms alongside a single bedroom, perfect for families or those needing extra space. A modern four-piece bathroom with both a standing shower and separate bathtub provides additional comfort, though it could also benefit from some updating. The property is set on Narborough Road South, equipped with off-road parking via a hard-standing driveway and access to a single detached garage—features that add convenience for daily living. The rear garden offers both lawn space and an expansive patio area, ideal for outdoor gatherings or relaxation during warmer months. Located within walking distance of Fosse Shopping Centre and Meridian Park, this home enjoys proximity to excellent local amenities as well as reputable schools, including the well-regarded Woodcote Primary School. Its strategic position also ensures easy access to major roadways such as the M1, M69, and A46, enhancing its appeal for potential buyers looking to invest in both lifestyle and future value. This property is offered without upward chain, making it an attractive prospect for those ready to realize its potential through thoughtful renovation.

Investment Analysis

(LE3 area)

Below Market Value

This property is priced -10.2% below area average per sq ft

-10.2%
Potential saving
This Property
£227/sq ft
Area Average
£253/sq ft
Avg Rent (weekly)
£265
Avg Yield
5.5%

Renovation Potential

Medium Refurb
Est. Renovation Cost
£20,000 - £40,000
Target Value
£306,323
10% above area average per sq ft
Potential ROI
+5.6%
After renovation
Note: Renovation cost estimates are AI-generated based on property location and general characteristics, and may not reflect actual costs.
Monthly Sales
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

Narborough Road South, Leicester, Leicestershire
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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 £187,500 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