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Beatrice Road, Newfoundpool, Leicester

East Midlands

£185,000
Listed on 07/05/2026

Property Details

Bedrooms
3
Type
End Of Terrace
Area
814 sqft

Description

This three-bedroom end-terrace property is situated in the sought-after Newfoundpool area of Leicester and presents a solid investment opportunity, currently occupied by a reliable tenant. The ground floor features a welcoming entrance hall leading into a spacious lounge and an adjoining kitchen/diner, which offers scope for modernisation. Upstairs, three bedrooms and a bathroom provide ample accommodation for family living or rental purposes. The property also boasts a private courtyard garden at the rear, ideal for outdoor use or potential enhancement. With its current rental income of £700 per month, this home not only promises immediate financial returns but also holds significant renovation potential to increase value through updates and improvements.

Investment Analysis

(LE3 area)

Below Market Value

This property is priced -10.8% below area average per sq ft

-10.8%
Potential saving
This Property
£227/sq ft
Area Average
£255/sq ft
Avg Rent (weekly)
£248
Avg Yield
5.0%

Renovation Potential

Medium Refurb
Est. Renovation Cost
£10,000 - £20,000
Target Value
£228,148
10% above area average per sq ft
Potential ROI
+11.3%
After renovation
Note: Renovation cost estimates are AI-generated based on property location and general characteristics, and may not reflect actual costs.
Monthly Sales
81
Average per month
Market Turnover
15%
Properties sold annually

Local Market Trend (LE3)

Area prices are stable by -1.7% over the last 12 months
3 year growth: -0.9%
5 year growth: +17.7%
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

Beatrice Road, Newfoundpool, Leicester
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Mortgage Calculator

£
£
£
%
%
years

Current average 2-year fixed rate is 3.97%

Current average variable rate is 6.59%

Monthly Repayments
£660
Based on a loan of £138,750 over 30 years at 3.97% 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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