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Netherhall Road, Netherhall, Leicester

East Midlands

£225,000
Listed on 25/04/2026

Property Details

Bedrooms
3
Type
End Of Terrace
Area
915 sqft

Description

This three-bedroom end-terrace home offers a blank canvas for those looking to invest in a property with significant potential for customization and improvement. Featuring a welcoming entrance hall that leads to the main living areas, the living room boasts a double-glazed window and a gas fire, while the second reception area at the rear benefits from French doors that connect smoothly to the garden space. The kitchen includes essential wall and base units, providing ample opportunity for modern upgrades alongside existing plumbing for appliances. A ground-floor shower room adds convenience but could benefit from contemporary design enhancements. Upstairs, the property accommodates three bedrooms, including a principal suite with fitted storage solutions. There is potential to reconfigure the bathroom and separate WC for improved functionality or to create an en-suite. Externally, both front and rear gardens are well-established, yet they offer opportunities for further landscaping or garden redesign to enhance outdoor living space. The back garden's layout and outlook over allotments provide an appealing view while adding privacy. With two external storage options already in place, this property is ripe for renovation that could significantly increase its value.

Investment Analysis

(LE5 area)

Below Market Value

This property is priced -13.3% below area average per sq ft

-13.3%
Potential saving
This Property
£246/sq ft
Area Average
£284/sq ft
Avg Rent (weekly)
£241
Avg Yield
4.1%

Renovation Potential

Medium Refurb
Est. Renovation Cost
£20,000 - £35,000
Target Value
£285,544
10% above area average per sq ft
Potential ROI
+9.8%
After renovation
Note: Renovation cost estimates are AI-generated based on property location and general characteristics, and may not reflect actual costs.
Monthly Sales
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

Netherhall Road, Netherhall, Leicester
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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
£797
Based on a loan of £168,750 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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