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Blissett Road, New Parks, Leicester LE3

East Midlands

£240,000
Listed on 10/05/2026

Property Details

Bedrooms
3
Type
Semi Detached
Area
902 sqft

Description

This three-bedroom semi-detached home presents a unique opportunity for renovation and expansion in a sought-after residential area. While the property is currently in good condition, its layout and existing structures offer significant potential for further development, particularly with the possibility of extending to the rear, pending necessary permissions. The home features a bright reception area, a functional kitchen, a separate dining space, and three generously sized bedrooms alongside a contemporary bathroom. Noteworthy updates include a recently replaced roof and modern flooring throughout, making it move-in ready with room for personalization. The landscaped rear garden boasts a spacious paved patio ideal for outdoor entertaining, while additional outbuildings provide useful storage options or the potential for transformation into functional spaces. There’s also scope to create off-road parking at the front if desired. Its proximity to local schools, healthcare facilities like Glenfield Hospital, leisure amenities, shops, and transport links adds to its appeal as an investment property for families or buyers looking to increase value through smart renovations.

Investment Analysis

(LE3 area)

Above Market Value

This property is priced +4.4% above area average per sq ft

+4.4%
This Property
£266/sq ft
Area Average
£255/sq ft
Avg Rent (weekly)
£248
Avg Yield
5.0%

Renovation Potential

Medium Refurb
Est. Renovation Cost
£25,000 - £40,000
Target Value
£252,813
10% above area average per sq ft
Potential ROI
-9.7%
After renovation
Note: Renovation cost estimates are AI-generated based on property location and general characteristics, and may not reflect actual costs.
Monthly Sales
81
Average per month
Market Turnover
15%
Properties sold annually

Local Market Trend (LE3)

Area prices are stable by -1.7% over the last 12 months
3 year growth: -0.9%
5 year growth: +17.7%
Investment Disclaimer: Analysis based on LE3 area averages and may not reflect property-specific factors like condition, exact location, or unique features. Any renovation cost estimates provided are AI-generated and should be considered indicative only. Renovation costs vary significantly based on property condition and scope of work. Always conduct professional surveys and get multiple quotes before making investment decisions.

Location

Blissett Road, New Parks, Leicester LE3
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Mortgage Calculator

£
£
£
%
%
years

Current average 2-year fixed rate is 3.97%

Current average variable rate is 6.59%

Monthly Repayments
£856
Based on a loan of £180,000 over 30 years at 3.97% 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.

Stamp Duty Calculator

Price History

-4.0% since listed
£240,000£10,000(-4.0%)
28/03/2026
Current price
£250,000Initial listing
17/03/2026

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