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Leicester LE9

East Midlands

£200,000
Listed on 04/11/2025

Property Details

Bedrooms
2
Type
Semi-detached house
Area
592 sqft

Description

This two-bedroom semi-detached home presents an excellent opportunity for renovation and investment in a desirable residential neighborhood. Ideally suited for young families, first-time buyers, or those looking to downsize, this property offers a solid foundation coupled with the potential for personalization and enhancement. Situated conveniently within walking distance of local schools, shops, parks, and essential amenities, this location provides both comfort and accessibility. The surrounding area is known for its community feel and family-friendly environment, making it an attractive choice for those seeking a well-rounded living experience. The exterior of the property features a gated driveway leading to both a carport and single garage, ensuring ample parking space while also providing secure storage solutions. This added level of privacy makes it particularly appealing for families. Inside, the home welcomes you with an entrance hallway that leads to generously sized living spaces. The light-filled lounge is designed for relaxation and social gatherings. The kitchen is functional but could benefit from modern updates, offering a unique chance to create a culinary space tailored to your preferences. On the upper level, you'll find two bright bedrooms that include adequate storage options and natural light. The family bathroom is functional as-is but presents opportunities for upgrades that could greatly enhance its appeal. At the rear of the property, the conservatory serves as a serene sunroom — perfect for leisurely mornings or enjoying views of the expansive garden. The outdoor space offers plenty of room for gardening or outdoor activities and can easily be transformed into a private retreat or entertaining area. In essence, this property combines a prime location with significant renovation potential. Its secure off-street parking, spacious interiors, sunny conservatory, and large garden make it an excellent canvas for anyone looking to invest in their future home. Explore the possibilities this residence has to offer and envision how you can bring your personal touch to life.

Investment Analysis

(LE9 area)

Above Market Value

This property is priced +21.6% above area average per sq ft

+21.6%
This Property
£338/sq ft
Area Average
£278/sq ft
Avg Rent (weekly)
£228
Avg Yield
4.1%

Renovation Potential

Light Refurb
Est. Renovation Cost
£5,000 - £15,000
Target Value
£180,936
10% above area average per sq ft
Potential ROI
-15.8%
After renovation
Note: Renovation cost estimates are AI-generated based on property location and general characteristics, and may not reflect actual costs.
Monthly Sales
60
Average per month
Market Turnover
17%
Properties sold annually

Local Market Trend (LE9)

Area prices are stable by +2.0% over the last 12 months
3 year growth: 0.2%
5 year growth: 16.3%
Investment Disclaimer: Analysis based on LE9 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

Leicester LE9
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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
£733
Based on a loan of £150,000 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