Asquith Boulevard, Leicester, Leicestershire
East Midlands
£230,000
Listed on 08/10/2026
Listed on 08/10/2026
The listing
Property details
Bedrooms
2Type
BungalowArea
866 sqftFeatures
- Garden
- Parking
Description
This two-bedroom detached bungalow is offered chain-free and has a spacious layout, with scope for cosmetic updating and redecoration. The accommodation includes a hallway, a large front living room, a kitchen-diner with storage and appliance space, and a conservatory overlooking the rear garden. There are two bedrooms at the front of the property and a wet room with WC and basin. A boarded loft provides storage, with any use as additional living space subject to checking feasibility and permissions.
WHOTS analysis
Our WHOTS verdict
An internal assessment of the opportunity to acquire, improve and create value.
59out of 100
Grade DWeak opportunity
Confidence: MEDIUM
This detached bungalow offers a clean, usable canvas for light modernisation: patterned wallpaper, older colours and flooring give scope to refresh the principal rooms, while the kitchen and wet room appear intact and functional. The spacious living room, conservatory, established low-maintenance garden and driveway parking for two add to its appeal; the fully boarded loft is useful for storage, though any extra living space would need its feasibility checked.
At £230,000, the asking price is about 6% below the local average per square foot, which is a positive for WHOTS. The overall opportunity is still graded D: the existing works range is £5,000–£12,000, and the purchase plus its midpoint leaves only a modest 2.5% margin against the implied current local average value, before fees and other costs.
Key opportunities
- Refresh the dated wallpaper, colours and decorative finishes in the living room and bedrooms.
- Update older flooring as a cosmetic improvement; the visible timber boards and bedroom carpets appear intact.
- Make use of the spacious living room, conservatory and established garden, with the boarded loft providing substantial storage.
Key risks
- The purchase price plus the renovation midpoint leaves only a modest margin against the implied current local average value, before fees and other costs.
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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
£869
Based on a loan of £172,500 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.
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