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Avenue Road Extension, Leicester, Leicestershire, LE2 - Image 1
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Avenue Road Extension, Leicester, Leicestershire, LE2

East Midlands

£130,000Guide Price

Listed on 23/09/2026

The listing

Property details

Bedrooms
3
Type
Terraced
Area
695 sqft

Features

  • Garden

Description

Offered at auction, this three-bedroom terraced house is being sold with no onward chain and requires substantial refurbishment. The ground floor has an entrance area leading to an open-plan lounge and dining space, with the kitchen adjoining through an archway. The existing arrangement could be retained or reconsidered, subject to the buyer's requirements. The kitchen and ground-floor bathroom are both described as needing refitting. Upstairs are two bedrooms and a smaller third room, which the agent suggests may suit use as a nursery or home office. The listing also identifies the possibility of using this room for a bathroom or shower room, which could allow changes to the ground-floor layout. These options would need to be assessed for feasibility. A private rear garden includes a brick-built store and a further outbuilding. The property is in Clarendon Park, within walking distance of Victoria Park and near the shops, services and eateries on Queens Road, with road links into Leicester. The Modern Method of Auction includes a 56-day reservation period, a buyer information pack fee and a reservation fee; buyers should review the auction terms and pack before proceeding.

WHOTS analysis

Our WHOTS verdict

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

60out of 100
Grade CPotential opportunity

Confidence: MEDIUM

At £130,000, this Clarendon Park terrace is priced well below the local average at £187/sq ft versus £282/sq ft, making the asking price a clear acquisition opportunity. The trade-off is a genuinely heavy, back-to-brick project: marked and damaged finishes, worn floors and ceiling staining appear across several rooms, while the kitchen and bathroom need substantial updating. The front brickwork looks generally intact in the available view, and the private rear garden adds useful scope.

The open-plan ground floor gives a renovator choices about how to arrange the living and dining space, with potential to rethink the kitchen and bathroom layout too; feasibility would need checking. The overall score is C because the strong entry price is balanced by weak condition and only moderate economics, so this suits someone prepared to manage a substantial programme rather than a cosmetic refresh.

Key opportunities

  • Acquire at £187/sq ft against a local average of £282/sq ft, giving the project a notably low entry price.
  • Rework the open-plan ground floor to suit the intended use, with potential to enlarge the kitchen or create a more defined reception layout; any bathroom relocation would need feasibility checks.
  • Refresh the private rear garden and make use of the visible outbuilding/store as part of a wider improvement.

Key risks

  • Stripped-back interiors, damaged plaster and staining across several rooms, worn floors, and dated kitchen and bathroom fittings mean planning for a full interior rebuild and a substantial programme, not a cosmetic refresh.

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Map

Location

Avenue Road Extension, Leicester, Leicestershire, LE2
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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
£491
Based on a loan of £97,500 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

Stamp duty calculator

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

Pricing

Price history

-7.1% since listed
£130,000£10,000(-7.1%)
19/10/2026
Current price
£140,000Initial listing
23/09/2026

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