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328 Victoria Park Road, Leicester LE2 1XF

East Midlands

£200,000

Listed on 11/05/2026

Property Details

Bedrooms
5
Type
Flat

Description

This substantial Victorian Villa spans three floors and presents a prime opportunity for renovation. Currently configured as three separate flats, the property lacks confirmed planning permission and is believed to be registered as a single residence. It is located in an attractive area near local amenities, including shops, bars, and restaurants on Queens Road, and directly across from Leicester University and Victoria Park. The layout features a ground-floor flat with two bedrooms, a first-floor flat comprising one bedroom, and additional living space on the second floor that can easily be converted to meet modern family needs or further developed into rental units, pending any necessary approvals. Outside, there is convenient parking for two vehicles at the front along with an enclosed garden area that includes a timber shed and access via a steel fire escape. Given its layout and potential uses, this property could become an ideal family home or investment opportunity after thoughtful renovation efforts.

Investment Analysis

(LE2 area)
Area Average
£283/sq ft
Avg Rent (weekly)
£247
Avg Yield
4.2%

Renovation Potential

Medium Refurb
Est. Renovation Cost
£40,000 - £80,000
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
10%
Properties sold annually

Local Market Trend (LE2)

Area prices are stable by -1.0% over the last 12 months
3 year growth: -1.4%
5 year growth: +10.0%
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 LE2 1XF
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Mortgage Calculator

£
£
£
%
%
years

Current average 2-year fixed rate is 4.45%

Current average variable rate is 6.60%

Monthly Repayments
£756
Based on a loan of £150,000 over 30 years at 4.45% 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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