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Westfield Road, Western Park LE3

East Midlands

£269,950

Listed on 07/06/2026

Property Details

Bedrooms
3
Type
Semi Detached
Area
1181 sqft

Description

This extended three-bedroom semi-detached property presents an ideal opportunity for those looking to invest in a home with significant renovation potential. Located on a desirable road in Western Park, the residence features a welcoming porch that leads into an entrance hall, connecting to a spacious lounge and dining area, alongside an additional sitting room with lovely garden views. The extended kitchen offers ample space for family living, though it may benefit from modernisation to fully maximise its usability. The first floor includes two generously sized double bedrooms, a single bedroom, and a family bathroom. While the property is equipped with a modern combi boiler and uPVC double glazing at the rear, the timber-framed windows at the front suggest areas where upgrades could enhance energy efficiency. Externally, the property boasts a front garden, driveway, and rear garage along with a workshop and outside toilet—elements that could be reimagined or improved upon to increase functionality and appeal. The good-sized rear garden offers further scope for landscaping or extension (subject to planning). With close proximity to reputable schools and local amenities, this home is well-suited for families seeking room to grow while offering considerable investment potential in an attractive location.

Investment Analysis

(LE3 area)

Below Market Value

This property is priced -10.5% below area average per sq ft

-10.5%
Potential saving
This Property
£229/sq ft
Area Average
£255/sq ft
Avg Rent (weekly)
£246
Avg Yield
4.9%

Renovation Potential

Medium Refurb
Est. Renovation Cost
£20,000 - £35,000
Target Value
£331,660
10% above area average per sq ft
Potential ROI
+8.8%
After renovation
Note: Renovation cost estimates are AI-generated based on property location and general characteristics, and may not reflect actual costs.
Monthly Sales
75
Average per month
Market Turnover
14%
Properties sold annually

Local Market Trend (LE3)

Area prices are stable by -0.5% over the last 12 months
3 year growth: +0.4%
5 year growth: +17.3%
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

Westfield Road, Western Park LE3
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Mortgage Calculator

£
£
£
%
%
years

Current average 2-year fixed rate is 4.45%

Current average variable rate is 6.60%

Monthly Repayments
£1,020
Based on a loan of £202,462 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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