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Stanhope Street, Leicester LE5 - Image 1
Stanhope Street, Leicester LE5 - Image 2

Stanhope Street, Leicester LE5

East Midlands

£210,000

Listed on 18/06/2026

Property Details

Bedrooms
3
Type
Terraced House

Description

This traditional mid-terrace property represents a unique investment opportunity, having been held by the same family for over 75 years. Built shortly after World War II, this home is primed for a comprehensive refurbishment that can transform it into a modern residence while preserving its historical charm. The layout includes two reception rooms providing ample space for versatile living arrangements, alongside a galley-style kitchen and a generously sized bathroom on the ground floor. The upper level houses three well-proportioned bedrooms, allowing for creative redesigns to cater to modern needs. Externally, the property features off-road parking and a courtyard-style garden at the rear, which can be revitalized into a relaxing outdoor retreat. Current updates would address its EPC rating of F, presenting further investment potential to enhance energy efficiency. With UPVC double glazing already installed throughout, this property serves as an excellent blank canvas for buyers looking to inject their personal touch and capitalize on the local market in Leicester.

Investment Analysis

(LE5 area)
Area Average
£284/sq ft
Avg Rent (weekly)
£246
Avg Yield
4.2%

Renovation Potential

Heavy 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
41
Average per month
Market Turnover
13%
Properties sold annually

Local Market Trend (LE5)

Area prices are stable by -1.8% over the last 12 months
3 year growth: +3.5%
5 year growth: +13.3%
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

Stanhope Street, Leicester LE5
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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
£793
Based on a loan of £157,500 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.

Stamp Duty Calculator

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