Julian Road, Leicester, LE2
East Midlands
£200,000
Listed on 18/10/2026
Listed on 18/10/2026
The listing
Property details
Bedrooms
3Type
TerracedArea
848 sqftFeatures
- Garden
- Parking
Description
This three-bedroom end town house is offered with no onward chain and has off-road parking and an enclosed rear garden. The ground floor includes an entrance hall, a lounge and a kitchen, while upstairs are three bedrooms and a family bathroom. Gas central heating is stated in the listing.
The property is described as having scope for improvement, with the kitchen identified as an area for personalisation. Its layout and outdoor space provide a starting point for a buyer considering updates. Local shops, schools, parks and everyday amenities are nearby, with transport links into Leicester city centre and surrounding areas.
WHOTS analysis
Our WHOTS verdict
An internal assessment of the opportunity to acquire, improve and create value.
54out of 100
Grade DWeak opportunity
Confidence: MEDIUM
At £200,000, this three-bedroom end town house is priced about 16.5% below the local average per square foot, making the asking price a genuine acquisition opportunity. The usable lounge, off-road parking and enclosed garden give the project a solid starting point, with scope to refresh the dated kitchen and bathroom, redecorate, and reclaim the overgrown garden. Visible staining in several areas should be investigated before work is planned.
The overall score is held back by the economics: purchase plus the £35,000–£65,000 renovation range looks tight against local value benchmarks, so the project needs careful budgeting rather than relying on the low entry price alone.
Key opportunities
- Acquire at an asking price around 16.5% below the local average per square foot.
- Refresh the dated kitchen and bathroom and improve marked finishes to put a personal stamp on the home.
- Clear and improve the enclosed rear garden, retaining its paved seating area and making better use of the outdoor space.
Key risks
- Investigate the visible staining in several areas, including around the bathroom and at a bedroom ceiling edge, and establish the cause and extent of making-good.
- Purchase plus refurbishment costs look tight against local value benchmarks, so budget carefully and confirm the scope before committing.
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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
£756
Based on a loan of £150,000 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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