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Park Hill Drive, Leicester, Leicestershire

East Midlands

£445,000
Listed on 06/01/2026

Property Details

Bedrooms
4
Type
Detached house
Area
1512 sqft

Description

This four-bedroom detached house, set on a generous plot, presents an excellent opportunity for renovation and investment in the desirable area of Aylestone. With its quiet corner location on Park Hill Drive, this home boasts significant potential for modernization and expansion, subject to necessary planning permissions. Built in the 1970s, the property retains a charming character while requiring updates to realize its full value. Upon entering, you'll find a spacious hallway leading to various downstairs living areas. The front lounge is bright and welcoming, featuring two bay windows that create an inviting atmosphere for family gatherings. The separate kitchen offers ample storage and unit space, adjoining a second reception room currently used as a sitting area. Adding to the appeal is an expansive conservatory that opens directly onto the large rear garden, enhancing the home's light-filled nature. Upstairs, this family-friendly layout continues with three well-proportioned double bedrooms equipped with fitted wardrobes, alongside a smaller fourth bedroom and abundant storage options. The master bedroom includes an ensuite bathroom while the main family bathroom features a shower over bath. The outdoor space is particularly impressive, providing off-road parking for several vehicles along with a garage and additional outbuilding with conversion potential. Wrapped around the house, the substantial garden is fully fenced and ideal for children or pets, featuring both a lush lawn and patio area perfect for outdoor entertaining. Park Hill Drive itself is renowned as one of Aylestone's most sought-after streets due to its proximity to Leicester city centre, motorway access, local universities, and scenic Aylestone Meadows nearby — making this property not just a home but a versatile investment opportunity in a prime location.

Investment Analysis

(LE2 area)

Above Market Value

This property is priced +6.1% above area average per sq ft

+6.1%
This Property
£294/sq ft
Area Average
£277/sq ft
Avg Rent (weekly)
£256
Avg Yield
4.5%

Renovation Potential

Medium Refurb
Est. Renovation Cost
£30,000 - £50,000
Target Value
£461,289
10% above area average per sq ft
Potential ROI
-6.8%
After renovation
Note: Renovation cost estimates are AI-generated based on property location and general characteristics, and may not reflect actual costs.
Monthly Sales
65
Average per month
Market Turnover
26%
Properties sold annually

Local Market Trend (LE2)

Area prices are stable by +0.1% over the last 12 months
3 year growth: 1.4%
5 year growth: 18.1%
Investment Disclaimer: Analysis based on LE2 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

Park Hill Drive, 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
£1,630
Based on a loan of £333,750 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