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Blue Banks Avenue, Glen Parva, Leicester, LE2 9JA - Image 1
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Blue Banks Avenue, Glen Parva, Leicester, LE2 9JA

East Midlands

£240,000

Listed on 22/06/2026

Property details

Bedrooms
2
Type
End Of Terrace
Area
1032 sqft

Description

This well-positioned two-bedroom residence in Glen Parva presents a remarkable opportunity for those looking to invest or make personal enhancements. The property features a notably expansive rear garden, making it ideal for outdoor activities and potential landscaping projects. With off-road parking and a sizeable garage that could serve multiple purposes—from storage to workshop conversion—there are numerous avenues for future development (pending necessary approvals). Upon entry, guests are greeted by a welcoming hallway leading to spacious living areas. The lounge diner, an impressive expanse that runs the length of the house, offers plenty of natural light and room for both leisure and dining. While the kitchen has been recently updated with modern fittings, there is still room for personalization should you wish to further enhance its functionality or aesthetic. Adjacent to the kitchen is a large utility room with ample space for appliances as well as easy access to the generous garden outside. On the upper floor, the two well-sized double bedrooms are complemented by a shower room fitted with contemporary fixtures. The property also boasts an EV charging point at the front drive, catering to modern needs. The standout feature remains the large garden which is perfect for families or outdoor enthusiasts and provides options for extending built upon surrounding examples (subject to planning permissions). Located conveniently near local schools and amenities with excellent transport links, this home balances immediate livability with exciting renovation potential.

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Investment analysis

(LE2 area)

Below Market Value

This property is priced -17.8% below area average per sq ft

-17.8%
Potential saving
This Property
£233/sq ft
Area Average
£283/sq ft
Avg Rent (weekly)
£247
Avg Yield
4.2%

Renovation Potential

Medium Refurb
Est. Renovation Cost
£15,000 - £30,000
Target Value
£321,318
10% above area average per sq ft
Potential ROI
+19.0%
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
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

Blue Banks Avenue, Glen Parva, Leicester, LE2 9JA
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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
£907
Based on a loan of £180,000 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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