Worst House on the Street Logo
Western Park Road, Leicester, LE3 - Image 1
Western Park Road, Leicester, LE3 - Image 2
Western Park Road, Leicester, LE3 - Image 3
Western Park Road, Leicester, LE3 - Image 4
Western Park Road, Leicester, LE3 - Image 5
Western Park Road, Leicester, LE3 - Image 6
Western Park Road, Leicester, LE3 - Image 7
Western Park Road, Leicester, LE3 - Image 8
Western Park Road, Leicester, LE3 - Image 9
Western Park Road, Leicester, LE3 - Image 10
Western Park Road, Leicester, LE3 - Image 11
Western Park Road, Leicester, LE3 - Image 12
Western Park Road, Leicester, LE3 - Image 13
Western Park Road, Leicester, LE3 - Image 14
Western Park Road, Leicester, LE3 - Image 15
Western Park Road, Leicester, LE3 - Image 16
Western Park Road, Leicester, LE3 - Image 17
Western Park Road, Leicester, LE3 - Image 18
Western Park Road, Leicester, LE3 - Image 19
Western Park Road, Leicester, LE3 - Image 20
Western Park Road, Leicester, LE3 - Image 21
Western Park Road, Leicester, LE3 - Image 22
Western Park Road, Leicester, LE3 - Image 23
Western Park Road, Leicester, LE3 - Image 24
Western Park Road, Leicester, LE3 - Image 25
Western Park Road, Leicester, LE3 - Image 26
Western Park Road, Leicester, LE3 - Image 27
Western Park Road, Leicester, LE3 - Image 28
Western Park Road, Leicester, LE3 - Image 29
Western Park Road, Leicester, LE3 - Image 30
Western Park Road, Leicester, LE3 - Image 31
Western Park Road, Leicester, LE3 - Image 32

Western Park Road, Leicester, LE3

East Midlands

£600,000
Listed on 18/03/2026

Property Details

Bedrooms
7
Type
Detached
Area
1711 sqft

Description

This impressive Edwardian residence, historically known as 'The Firs,' presents a rare investment opportunity in one of Leicester's most desirable areas. With its prominent location on Western Park Road, directly across from the scenic Western Park, this substantial five-bedroom home showcases period elegance combined with modern updates. Retaining its charming architectural features from the early 20th century, the property has seen thoughtful enhancements over the years including updated bathrooms and improved central heating, while still needing attention to fully realize its potential. The double-fronted facade with decorative stone detailing and large bay windows invites natural light into generously sized reception rooms, creating a warm and welcoming ambiance. The versatile layout includes an inviting central hallway, three spacious reception areas, and a well-equipped kitchen that flows seamlessly into a formal dining room—perfect for entertaining or family gatherings. The upper floor houses five well-proportioned bedrooms, including a principal suite with an en-suite bathroom, ensuring comfort for growing families. A unique feature is the separate two-bedroom annexe which offers tremendous flexibility. Whether utilized for multi-generational living, guest accommodation, or a home office/studio space, it holds the potential for rental income as well. The property sits on a generous plot with mature gardens and a historic Cold War bunker that could be repurposed as a wine cellar or gym. Notably, this property comes with outline planning permission to build a substantial three-bedroom detached dwelling within the garden (Leicester City Council reference: 20251005), making it particularly appealing to developers or buyers wishing to create additional living space. With excellent local amenities and transport links nearby, alongside the expansive recreational opportunities offered by Western Park itself, this residence is poised not just as a home but as an invaluable investment opportunity.

Investment Analysis

(LE3 area)

Above Market Value

This property is priced +38.9% above area average per sq ft

+38.9%
This Property
£351/sq ft
Area Average
£252/sq ft
Avg Rent (weekly)
£259
Avg Yield
5.3%

Renovation Potential

Medium Refurb
Est. Renovation Cost
£75,000 - £120,000
Target Value
£475,136
10% above area average per sq ft
Potential ROI
-34.0%
After renovation
Note: Renovation cost estimates are AI-generated based on property location and general characteristics, and may not reflect actual costs.
Monthly Sales
74
Average per month
Market Turnover
35%
Properties sold annually

Local Market Trend (LE3)

Area prices are stable by -0.5% over the last 12 months
3 year growth: +0.3%
5 year growth: +21.8%
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

Western Park Road, Leicester, LE3
Loading map...

Mortgage Calculator

£
£
£
%
%
years

Current average 2-year fixed rate is 4.06%

Current average variable rate is 6.81%

Monthly Repayments
£2,164
Based on a loan of £450,000 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

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.

Allcott Associates