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Narborough Road South, Leicester LE3

East Midlands

£250,000
Listed on 07/05/2026

Property Details

Bedrooms
3
Type
Semi Detached
Area
1069 sqft

Description

This three-bedroom semi-detached property offers a valuable opportunity for those looking to invest in a renovation project in a well-connected area of Leicester. With access to local amenities and services, the home is primed for transformation according to personal preferences or market demands. The current layout features one reception room, a kitchen, and an upstairs shower room, making it versatile for family living or as an investment for rentals. The sizable garden can be enhanced with landscaping or recreational spaces, further increasing its appeal. Located conveniently near shops, supermarkets, and cafés, as well as Fosse Park’s extensive retail offerings just a short drive away, this property is ideally positioned for everyday convenience while providing a canvas for creative updates.

Investment Analysis

(LE3 area)

Below Market Value

This property is priced -8.2% below area average per sq ft

-8.2%
Potential saving
This Property
£234/sq ft
Area Average
£255/sq ft
Avg Rent (weekly)
£248
Avg Yield
5.0%

Renovation Potential

Medium Refurb
Est. Renovation Cost
£20,000 - £40,000
Target Value
£299,619
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
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

Narborough Road South, 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
£892
Based on a loan of £187,500 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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