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328 Victoria Park Road, Leicester, Leicestershire LE2 1XF - Image 1
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328 Victoria Park Road, Leicester, Leicestershire LE2 1XF

East Midlands

£200,000

Listed on 11/05/2026

Property Details

Bedrooms
5
Type
Flat

Description

This impressive Victorian villa, spanning three stories, offers a significant opportunity for renovation and investment. Currently configured as three separate flats, the property has the potential to be transformed back into a sizable family residence or modernized further for rental purposes. While it is registered as a single dwelling without known planning permissions for the flats, any future development could significantly increase its value in this prime East Midlands location, directly opposite Leicester University and near Victoria Park. The ground floor features a two-bedroom flat with an inviting lounge and kitchen, while the first and second floors accommodate one bedroom and additional spaces that can be reimagined according to your vision. Outside, there is parking for two vehicles along with an enclosed garden complete with storage options. This property is perfect for those seeking a project in a sought-after area.

Investment Analysis

(LE2 area)
Area Average
£283/sq ft
Avg Rent (weekly)
£244
Avg Yield
4.1%

Renovation Potential

Medium Refurb
Est. Renovation Cost
£75,000 - £120,000
Note: Renovation cost estimates are AI-generated based on property location and general characteristics, and may not reflect actual costs.
Monthly Sales
76
Average per month
Market Turnover
11%
Properties sold annually

Local Market Trend (LE2)

Area prices are falling by -3.9% over the last 12 months
3 year growth: -2.0%
5 year growth: +8.5%
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

328 Victoria Park Road, Leicester, Leicestershire LE2 1XF
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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
£714
Based on a loan of £150,000 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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