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Preston Drive, Newbold Verdon, Leicester, Leicestershire - Image 1
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Preston Drive, Newbold Verdon, Leicester, Leicestershire

East Midlands

£190,000

Listed on 01/10/2026

The listing

Property details

Bedrooms
3
Type
Semi Detached
Area
1164 sqft

Description

Nestled in the charming village of Newbold Verdon, this spacious three-bedroom semi-detached home offers a fantastic opportunity for those looking to make their mark. With no onward chain, the property boasts a generous layout and is set on a lovely plot with a large garden, a larger-than-average garage, and a driveway for off-road parking. Upon entering, you are welcomed into a hallway leading to a sizeable living room that flows seamlessly into a dining area at the rear. The modern kitchen is well-equipped with ample worktop space and matching units, while an adjoining conservatory adds valuable extra space for relaxation or entertaining. Upstairs, the property features two large double bedrooms alongside a good-sized single bedroom. A spacious wet room is also present, which could be converted back into a traditional bathroom if desired. The outdoor space is equally impressive, with a neat front garden and an expansive rear garden featuring a large lawn, garden shed, and greenhouses—perfect for enjoying the warmer months. Please note that the property is of non-standard construction (block concrete), so potential buyers should consult their mortgage advisor before proceeding. With its desirable location and ample potential for personalisation, this property is a must-see for anyone seeking a family home in a peaceful setting.

WHOTS analysis

Our WHOTS verdict

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

76out of 100
Grade BGood opportunity

Confidence: MEDIUM

This spacious semi-detached home in the desirable village of Newbold Verdon offers an exceptional opportunity to acquire a property well below the local average price. At an asking price of £190,000, which translates to just £163/sqf compared to the local average of £283/sqf, this home is a bargain that allows room for your personal touch. The house boasts three good-sized bedrooms and a functional modern kitchen, alongside a large living area and conservatory that enhance the living space.

While the overall condition shows general wear and tear, this provides the perfect canvas for renovation enthusiasts looking to create their ideal home. The exterior and garden are well-maintained, adding to the property's appeal. The wet room, while dated, presents an opportunity for conversion into a more traditional bathroom. This property is chain-free, making it an attractive option for those looking to move quickly. With a renovation budget estimated between £40,000 and £60,000, the potential to increase value is significant, especially given that the implied local average value is around £329,703.

Key opportunities

  • Spacious layout with three large bedrooms and a modern kitchen.
  • Well-maintained garden providing excellent outdoor space.
  • Potential to convert the dated wet room back into a traditional bathroom.

Key risks

  • General wear and tear observed throughout the property.
  • Non-standard construction may limit mortgage options.

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Map

Location

Preston Drive, Newbold Verdon, Leicester, Leicestershire
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Finance

Mortgage calculator

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

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£
£
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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

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

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