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Overpark Avenue, Leicester, LE3 1NL

East Midlands

£200,000

Listed on 25/06/2026

Property details

Bedrooms
3
Type
Semi Detached
Area
1007 sqft

Description

Located in the desirable area of Braunstone, this three-bedroom end townhouse represents a promising investment opportunity for those looking to personalize their living space. The property offers a spacious layout, beginning with a functional porch that leads into an expansive hallway equipped with useful storage options. The kitchen, positioned at the rear, features a mix of base and wall-mounted cabinets, presenting a blank canvas for modern updates. The ground floor is home to two generously sized reception rooms; the front room boasts a charming fireplace that enhances its inviting atmosphere, while the rear reception room provides direct access to the sizable garden, making it a versatile space for family gatherings or dining. Upstairs, you'll find three bedrooms—two large doubles and a well-sized single—with built-in storage in one. The family bathroom comes with essential fixtures but could benefit from revitalization. The exterior of the property includes ample front garden space that holds potential for off-road parking (subject to permissions) and an exceptionally large rear garden that is ideal for outdoor enthusiasts or those looking to create landscaped areas. This home requires some refurbishment throughout, making it an excellent opportunity for buyers eager to invest in a property in a well-established residential neighborhood.

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Investment analysis

(LE3 area)

Below Market Value

This property is priced -22.2% below area average per sq ft

-22.2%
Potential saving
This Property
£199/sq ft
Area Average
£255/sq ft
Avg Rent (weekly)
£246
Avg Yield
4.9%

Renovation Potential

Medium Refurb
Est. Renovation Cost
£15,000 - £25,000
Target Value
£282,796
10% above area average per sq ft
Potential ROI
+25.7%
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
14%
Properties sold annually

Local Market Trend (LE3)

Area prices are stable by -0.5% over the last 12 months
3 year growth: +0.4%
5 year growth: +17.3%
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

Overpark Avenue, Leicester, LE3 1NL
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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

Next Steps

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