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Park Vale Road, Leicester, LE5

East Midlands

£280,000
Listed on 22/04/2026

Property Details

Bedrooms
2
Type
Terraced

Description

This versatile two-bedroom Victorian terraced villa is situated in the desirable Spinney Hills area, adjacent to Highfields in Leicester. The property boasts flexible living spaces and the option to convert a third bedroom, making it ideal for families or savvy investors looking for a buy-to-let opportunity. Local amenities abound, including reputable schools like the Madani schools, various shops, and essential services along East Park Road. Inside, generous reception rooms are designed for comfort and entertaining alike. The sizable kitchen offers plenty of room for dining, perfect for family gatherings. Upstairs, the master bedroom features a well-appointed wet-room en-suite that caters to accessibility needs, while an additional bedroom provides further comfortable accommodation. With potential for expansion or development (subject to planning permissions), this home invites buyers to personalize and enhance its offerings. Offered with no onward chain, this property presents an excellent prospect in a prime location with convenient access to education and transport links. While it requires some renovation and modernization, it holds significant promise for those looking to make their mark in a welcoming community.

Investment Analysis

(LE5 area)
Area Average
£284/sq ft
Avg Rent (weekly)
£241
Avg Yield
4.1%

Renovation Potential

Medium Refurb
Est. Renovation Cost
£25,000 - £40,000
Note: Renovation cost estimates are AI-generated based on property location and general characteristics, and may not reflect actual costs.
Monthly Sales
40
Average per month
Market Turnover
15%
Properties sold annually

Local Market Trend (LE5)

Area prices are stable by -0.5% over the last 12 months
3 year growth: +4.1%
5 year growth: +16.1%
Investment Disclaimer: Analysis based on LE5 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 Vale Road, Leicester, LE5
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Mortgage Calculator

£
£
£
%
%
years

Current average 2-year fixed rate is 3.91%

Current average variable rate is 6.62%

Monthly Repayments
£992
Based on a loan of £210,000 over 30 years at 3.91% 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.

Stamp Duty Calculator

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