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Oban Street - Newfoundpool

East Midlands

£210,000

Listed on 13/09/2026

The listing

Property details

Bedrooms
3
Type
Terraced

Description

This well-proportioned three-bedroom end-terrace property in the desirable Newfoundpool area of Leicester presents an exciting opportunity for renovation and investment. The home features two reception rooms, a separate hallway, a kitchen, three double bedrooms, and a first-floor bathroom. While it benefits from double glazing, gas central heating, and fireplaces, some cosmetic updates are needed to enhance its appeal. The property also offers the potential for conversion into two flats, subject to obtaining the necessary consents. Conveniently located near local shops, schools, amenities, and transport links, with easy access to Leicester city centre, this property is ideal for family buyers, first-time homeowners, or investors looking for a project.

WHOTS analysis

Our WHOTS verdict

An internal assessment of the opportunity to acquire, improve and create value.

43out of 100
Grade ELow opportunity

Confidence: LOW

This three-bedroom end-terrace in Newfoundpool presents an interesting opportunity for those looking to invest in a property with potential. While the interior is dated and shows signs of general wear, the well-maintained brick facade and spacious bedrooms suggest a solid foundation for cosmetic updates. The functionality of the kitchen and bathroom, paired with the appealing exterior and paved garden, adds to the charm of the home.

At a guide price of £210,000, this property is priced below the local average sale price of £263,247, making it an attractive option for buyers looking to create value. The potential for conversion into two flats adds an exciting layer to the project, especially for investors. While the renovation scope is light, with mainly cosmetic tweaks required, the overall opportunity remains limited due to insufficient data on renovation costs and missing floor area. However, with its good location and appealing features, this property could be transformed into a desirable home or investment.

Key opportunities

  • Potential for conversion into two flats, subject to necessary consents.
  • Spacious bedrooms and functional living areas provide a good canvas for cosmetic updates.
  • Appealing exterior and well-maintained garden enhance the property's appeal.

Key risks

None recorded.

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Map

Location

Oban Street - Newfoundpool
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Finance

Mortgage calculator

Illustrative repayments based on the asking price, not a mortgage offer.

£
£
£
%
%
years

Current average 2-year fixed rate is 4.45%

Current average variable rate is 6.60%

Monthly Repayments
£793
Based on a loan of £157,500 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.

Tax

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Indicative tax based on the asking price and the options you select.

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