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Knighton Drive, Stoneygate - Image 1
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Knighton Drive, Stoneygate

East Midlands

£695,000
Listed on 27/09/2025

Property Details

Bedrooms
5
Type
Semi-detached house

Description

This Victorian semi-detached house, spanning three floors, offers a blend of original architectural features and significant renovation potential. Positioned in a sought-after area, the property showcases classic elements such as high ceilings, decorative cornices, and large bay and sash windows that bathe the interior in natural light. While it is currently presented with traditional charm, there is ample scope for modern updates to enhance its appeal further. Located within a conservation area, this property sits between Elms Road and London Road in Stoneygate—an area known for its vibrant community. Nearby amenities include a variety of shops along Queens Road and Allandale Road, well-regarded local schools, and green spaces ideal for outdoor activities. The location also ensures convenient access to the city center and major road networks, making it an attractive option for prospective renters or buyers seeking urban conveniences. Internally, the layout includes five bedrooms and multiple living spaces that could be adapted or reconfigured to suit different needs. The ground floor consists of a welcoming porch leading into an entrance hall with access to a lounge and dining room—both featuring fireplaces—and a kitchen with adjacent laundry facilities. A cellar provides additional storage space or potential for conversion. The first floor comprises a spacious master bedroom complete with an en-suite shower cubicle, another bedroom, a bathroom, and an airing cupboard. The second floor houses three additional bedrooms, each with their own character and ample natural light. Outside, the property features an in-and-out block-paved driveway capable of accommodating up to four vehicles along with a single garage. The expansive rear garden is enclosed and presents opportunities for further development or landscaping projects. Given its size and location within a desirable neighborhood where demand for housing is high, this property holds considerable investment potential. With appropriate planning permissions, there may be opportunities for conversion into flats or other uses that could significantly increase its value over time.

Investment Analysis

(LE2 area)
Area Average
£276/sq ft
Avg Rent (weekly)
£260
Avg Yield
4.7%

Renovation Potential

Medium Refurb
Est. Renovation Cost
£50,000 - £80,000
Note: Renovation cost estimates are AI-generated based on property location and general characteristics, and may not reflect actual costs.
Monthly Sales
61
Average per month
Market Turnover
11%
Properties sold annually

Local Market Trend (LE2)

Area prices are stable by +1.5% over the last 12 months
3 year growth: 1.6%
5 year growth: 18.2%
Investment Disclaimer: Analysis based on LE2 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

Knighton Drive, Stoneygate
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Mortgage Calculator

£
£
£
%
%
years

Current average 2-year fixed rate is 4.19%

Current average variable rate is 6.78%

Monthly Repayments
£2,546
Based on a loan of £521,250 over 30 years at 4.19% 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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YOUR HOME MAY BE REPOSSESSED IF YOU DO NOT KEEP UP REPAYMENTS ON YOUR MORTGAGE