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Greenwood Road, Leicester LE5

East Midlands

£190,000
Listed on 07/05/2026

Property Details

Bedrooms
3
Type
Town House
Area
710 sqft

Description

Presenting an opportunity for renovation enthusiasts, this three-bedroom townhouse is situated in a convenient location off Uppingham Road. The property is in need of comprehensive modernisation, making it an exciting project for investors or families looking to craft a home that reflects their individual style. The layout includes an entrance hall, a living room, and a kitchen paired with a separate dining room, as well as a conservatory that requires attention. All three bedrooms and the family bathroom are located on the upper floor. Additionally, there is a rear garden which adds potential outdoor space. This property benefits from double glazing and gas central heating throughout, providing a solid foundation for future improvements.

Investment Analysis

(LE5 area)

Below Market Value

This property is priced -6.0% below area average per sq ft

-6.0%
Potential saving
This Property
£268/sq ft
Area Average
£285/sq ft
Avg Rent (weekly)
£237
Avg Yield
4.0%

Renovation Potential

Heavy Refurb
Est. Renovation Cost
£25,000 - £40,000
Target Value
£222,312
10% above area average per sq ft
Potential ROI
-3.3%
After renovation
Note: Renovation cost estimates are AI-generated based on property location and general characteristics, and may not reflect actual costs.
Monthly Sales
35
Average per month
Market Turnover
13%
Properties sold annually

Local Market Trend (LE5)

Area prices are falling by -2.1% over the last 12 months
3 year growth: +3.4%
5 year growth: +14.5%
Investment Disclaimer: Analysis based on LE5 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

Greenwood Road, Leicester LE5
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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
£678
Based on a loan of £142,500 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

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