Worst House on the Street Logo
New Parks Boulevard, Leicester - Image 1
New Parks Boulevard, Leicester - Image 2
New Parks Boulevard, Leicester - Image 3
New Parks Boulevard, Leicester - Image 4
New Parks Boulevard, Leicester - Image 5
New Parks Boulevard, Leicester - Image 6
New Parks Boulevard, Leicester - Image 7
New Parks Boulevard, Leicester - Image 8
New Parks Boulevard, Leicester - Image 9
New Parks Boulevard, Leicester - Image 10
New Parks Boulevard, Leicester - Image 11

New Parks Boulevard, Leicester

East Midlands

£225,000
Listed on 20/02/2026

Property Details

Bedrooms
3
Type
Semi-detached house
Area
922 sqft

Description

Situated in the sought-after New Parks Boulevard area, this three-bedroom semi-detached property presents a promising opportunity for renovation and investment. The home features a spacious lounge, a separate dining room, and a sizeable rear garden, all of which can be modernised to enhance functionality and aesthetic appeal. The potential for extension (subject to planning permission) further adds to its attractiveness for families, first-time buyers, or investors looking for a project with significant upside in a well-connected residential neighbourhood. The ground floor comprises an entrance hall leading into the inviting living areas and kitchen that opens up to the garden, ideal for entertaining or family gatherings. On the first floor, three bedrooms offer ample space for various needs—whether it be children's rooms, guest accommodations, or perhaps even a dedicated home office. With excellent access to local schools, amenities, and green spaces like Western Park, this property not only stands as a blank canvas ready for refurbishment but is also situated in an area conducive to family living and long-term residence.

Investment Analysis

(LE3 area)

Below Market Value

This property is priced -3.4% below area average per sq ft

-3.4%
Potential saving
This Property
£244/sq ft
Area Average
£253/sq ft
Avg Rent (weekly)
£252
Avg Yield
5.2%

Renovation Potential

Medium Refurb
Est. Renovation Cost
£15,000 - £30,000
Target Value
£256,238
10% above area average per sq ft
Potential ROI
+0.5%
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

New Parks Boulevard, Leicester
Loading map...

Mortgage Calculator

£
£
£
%
%
years

Current average 2-year fixed rate is 4.06%

Current average variable rate is 6.81%

Monthly Repayments
£811
Based on a loan of £168,750 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

Explore services to help you with this property purchase.

Get help with this property

Financing, surveys and more – choose a service and we’ll connect you with our trusted partners.