Garnett Crescent, Leicester, LE2
East Midlands
£190,000
Listed on 30/09/2026
Listed on 30/09/2026
The listing
Property details
Bedrooms
3Type
TerracedArea
797 sqftFeatures
- Garden
- Parking
Description
This three-bedroom terraced house has accommodation over two floors, with living space on the ground floor and three bedrooms and a family bathroom upstairs. The listing describes the property as requiring modernisation, offering scope for a buyer to update the interiors to their own requirements.
A rear garden provides outdoor space, and the property also has driveway parking. The home may suit a purchaser planning refurbishment or improvement works. Measurements and the condition of services should be checked independently.
WHOTS analysis
Our WHOTS verdict
An internal assessment of the opportunity to acquire, improve and create value.
66out of 100
Grade CPotential opportunity
Confidence: MEDIUM
At £190,000, this three-bedroom terrace is priced about 15.6% below the local average per square foot, making the asking price a clear acquisition opportunity. The photographed rooms are generally usable but distinctly dated, giving a buyer scope to refresh the finishes, flooring and the older kitchen and bathroom; the paved rear garden and weathered fencing also offer straightforward improvement potential.
The light renovation range of £6,500–£14,000 sits alongside a solid value case, with the purchase price plus the renovation midpoint below the implied current local average value. The driveway and enclosed outdoor space add to the appeal of this practical project.
Key opportunities
- Refresh dated wallpaper, panelling and flooring to give the living room and bedrooms a more contemporary feel.
- Update the dated but apparently intact kitchen and bathroom to suit a buyer’s style.
- Tidy the paved rear garden and improve the weathered fencing, with a driveway also providing useful off-street parking.
Key risks
None recorded.
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Finance
Mortgage calculator
Illustrative repayments based on the asking price, not a mortgage offer.
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£
£
%
%
years
Current average 2-year fixed rate is 4.45%
Current average variable rate is 6.60%
Monthly Repayments
£718
Based on a loan of £142,500 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.
Services
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