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See how verdicts work4-bedroom house · LE5 2BB
For saleReduced £30k (−9.2%) on 25 JulListed 204 days
Opportunity summary
See Archie’s verdict, returns by strategy and what to check before viewing.
About
Early viewing is highly recommended Oscar Richards Estate Agents are delighted to present to the market this charming four-bedroom house is offered for sale immediately, with no upward chain, and is situated in the highly sought-after Humberstone area, close to Scraptoft Lane, Colchester Road, and Uppingham Road.
The property is ideal for a growing family, offering generous and versatile accommodation arranged over two floors.
Upon entering, you are welcomed by a spacious hallway that leads to a bright and airy living room, which provides ample space for both relaxation and entertaining.
The modern fitted kitchen features an array of base and wall units, integrated appliances, and plenty of worktop space, making it perfect for family meals or dinner parties.
A separate dining area adds flexibility for hosting guests or enjoying every-day family meals.
Upstairs, you will find four well-proportioned bedrooms, each offering comfortable living space and plenty of natural light.
The principal bedroom benefits from built-in storage, while the remaining bedrooms are ideal for children, guests, or as a home office.
The family bathroom is fitted with contemporary fixtures and fittings, providing a relaxing space for unwinding at the end of the day.
The property is presented in good condition throughout, with neutral décor, quality flooring, and double glazing ensuring a move-in-ready opportunity for the next owners.
Additional features include gas central heating, ample storage solutions, and a practical layout designed to suit modern family living.
The location is particularly convenient, with excellent access to local amenities, well-regarded schools, and transport links, making it easy to reach Leicester city centre or neighbouring areas.
This attractive home represents an excellent opportunity for families seeking a spacious and well-maintained property in a popular residential setting.
Early viewing is highly recommended to appreciate the quality and convenience this home has to offer. Contact Oscar Richards Estate Agents to book your viewing today!
EPC Rating: C Location The Parkway is ideally positioned within the highly sought-after suburb of Humberstone, a well-established and family-focused area renowned for its strong community spirit and excellent local amenities.
This desirable location offers the perfect setting for families seeking both comfort and convenience.
Humberstone is particularly popular with families due to its access to a range of well-regarded primary and secondary schools, along with nurseries and childcare facilities, all within easy reach.
The area is also home to a variety of places of worship and community centres, creating a welcoming and inclusive environment for residents.
Everyday living is effortless, with a wide selection of shops, supermarkets, cafés and restaurants nearby along Uppingham Road, providing everything needed for day-to-day convenience.
Additional retail and leisure facilities are easily accessible, further enhancing the appeal of the area.
For outdoor enjoyment, families can take advantage of the beautiful green spaces at Humberstone Park, offering open parkland, scenic walks and play areas ideal for children and family activities.
Excellent transport links via the A47 and A563 ring road, along with regular bus services, provide easy access to Leicester city centre and surrounding areas, making commuting straightforward.
Combining strong community values, excellent schooling, local amenities and green open spaces, The Parkway represents an outstanding opportunity for families looking to secure a home in one of Leicester’s most popular and well-connected residential locations.
Parking - On Street Ample on-street parking available for at least 2 vehicles directly opposite the property.
Value & comps
No previous sales on record.
Returns
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We're still gathering serviced-accommodation data for this area.
Archie refurb estimate: a Pro feature
0.0% below asking
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All investment calculators, property analyses, and AI-generated insights are for informational purposes only. Property investment carries risk and may result in financial loss. All calculations should be independently verified and you should consult with FCA-authorised financial advisers before making any investment decisions.
Past performance does not guarantee future results. Tax implications vary by individual circumstances.
Deal
Properties like this can earn 2–3x BTL yields when converted to HMO, with retrofit costs around £10k/room. Sign in to see the full tier, yield projection, and cost breakdown.
Commercial properties like this can earn 30-50% higher yields when converted to residential under Class MA / Q / P / PA, with prior approval costing ~GBP 96/unit. Sign in to see the recommended route, yield uplift, and cost breakdown.
BRRR-suited properties can recycle 80-100% of investor capital on refi, leaving a high-yielding rental with most of the money out. Sign in to see the refurb cost stack, ARV projection, and refinance maths.
Detached + large garden = sub-division play. Pro tier unlocks the tier badge, plot size, uplift estimate, and regional land benchmark.
Short-lease flats trade at deep discount, but extending under the 1993 Act often costs far less than the discount. Pro tier unlocks the tier badge, premium breakdown, long-lease ARV and arbitrage maths.
See projected short-stay revenue vs a vanilla BTL for this property.
See real sub-let margins (HMO room rates & SA nightly rates) vs the landlord rent.
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FAQ
About 31 The Parkway, Leicester
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