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Greendale Road, Glen Parva, Leicester, Leicestershire

East Midlands

£240,000
Listed on 23/04/2026

Property Details

Bedrooms
2
Type
Semi Detached Bungalow
Area
578 sqft

Description

This two-bedroom semi-detached bungalow on Greendale Road in Glen Parva presents a promising canvas for renovation and enhancement. Set on a pleasant plot, the property boasts a spacious rear garden, offering significant opportunities for expansion and improvement, subject to obtaining the necessary planning permissions. Ideal for those seeking a single-storey living solution in a tranquil setting, this home is full of potential. Inside, you’ll find an entrance hall that connects all key areas, including a bright sitting room featuring large windows that flood the space with natural light. The fitted kitchen comes equipped with wall and base units and integrated appliances, leading to a practical utility area with access to the garden. The two bedrooms include a principal room with fitted wardrobes, while the family bathroom features both a bath and shower over, along with modern fixtures including a vanity unit. Outside, the front offers a lawned area with defined boundaries leading to the entrance, while the rear is generously sized and relatively private, predominantly laid to lawn with established planting and a patio area—perfect for outdoor activities or future landscaping projects. Offered without any upward chain, this property stands out as an exceptional opportunity for buyers interested in personalizing their living space or realizing its full extension potential in this sought-after residential neighborhood. Greendale Road provides convenient access to local amenities such as shops, schools, recreational facilities, scenic countryside walks, and easy links to Leicester city center.

Investment Analysis

(LE2 area)

Above Market Value

This property is priced +48.0% above area average per sq ft

+48.0%
This Property
£415/sq ft
Area Average
£281/sq ft
Avg Rent (weekly)
£238
Avg Yield
4.1%

Renovation Potential

Medium Refurb
Est. Renovation Cost
£15,000 - £30,000
Target Value
£178,342
10% above area average per sq ft
Potential ROI
-33.9%
After renovation
Note: Renovation cost estimates are AI-generated based on property location and general characteristics, and may not reflect actual costs.
Monthly Sales
75
Average per month
Market Turnover
11%
Properties sold annually

Local Market Trend (LE2)

Area prices are stable by -2.0% over the last 12 months
3 year growth: -0.4%
5 year growth: +10.7%
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

Greendale Road, Glen Parva, Leicester, Leicestershire
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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
£850
Based on a loan of £180,000 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.

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