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Eddystone Road, Leicester, LE5 - Image 1
Eddystone Road, Leicester, LE5 - Image 2
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Eddystone Road, Leicester, LE5 - Image 4
Eddystone Road, Leicester, LE5 - Image 5

Eddystone Road, Leicester, LE5

East Midlands

£180,000
Listed on 08/02/2026

Property Details

Bedrooms
3
Type
Terraced house
Area
775 sqft

Description

This three-bedroom mid-town house offers a promising investment opportunity or a great starting point for first-time buyers. Located in a sought-after residential neighborhood near Scraptoft Lane, this freehold property is being sold with no upward chain, allowing for a straightforward acquisition. While the home does require some updating, it presents a blank canvas to personalize and enhance its value. The layout features a spacious reception area and a functional kitchen, accompanied by three well-sized bedrooms and a family bathroom across two levels. Additionally, the property boasts off-street parking at the front and a private garden at the rear, which is ready for landscaping according to your preferences. Conveniently positioned within close proximity to various local amenities, the property lies just 1.5 miles from major supermarkets like Tesco and Sainsbury's, making daily shopping effortless. Families will benefit from having reputable primary and secondary schools within walking distance. For leisure activities, residents can enjoy nearby facilities such as Evington Leisure Centre, which includes a gym and swimming pool options. The surrounding park areas provide green spaces ideal for outdoor relaxation. Essential healthcare services are also readily available nearby. Leicester city centre is accessible within just over three miles, presenting extensive shopping and cultural experiences along with robust transport connections via Leicester Train Station for commutes to London and beyond. East Midlands Airport is approximately 21 miles away for international travel. With Council Tax rated at band A and an EPC rating of 56D, this property holds significant potential for renovation, making it an attractive proposition for anyone looking to enter the housing market or expand their investment portfolio in this vibrant part of Leicester.

Investment Analysis

(LE5 area)

Below Market Value

This property is priced -17.8% below area average per sq ft

-17.8%
Potential saving
This Property
£232/sq ft
Area Average
£283/sq ft
Avg Rent (weekly)
£252
Avg Yield
4.4%

Renovation Potential

Medium Refurb
Est. Renovation Cost
£15,000 - £30,000
Target Value
£240,917
10% above area average per sq ft
Potential ROI
+14.7%
After renovation
Note: Renovation cost estimates are AI-generated based on property location and general characteristics, and may not reflect actual costs.
Monthly Sales
44
Average per month
Market Turnover
38%
Properties sold annually

Local Market Trend (LE5)

Area prices are rising by +3.0% over the last 12 months
3 year growth: 8.4%
5 year growth: 22.6%
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

Eddystone Road, Leicester, LE5
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Mortgage Calculator

£
£
£
%
%
years

Current average 2-year fixed rate is 4.06%

Current average variable rate is 6.81%

Monthly Repayments
£649
Based on a loan of £135,000 over 30 years at 4.06% 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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