Percy Road, Leicester, Leicestershire, LE2

East Midlands

£275,000

Listed on 30/03/2026

Property Details

Bedrooms

N/A

Type

Factory

Description

This property presents a compelling investment opportunity situated in an established mixed-use area of Leicester, approximately 2.5 miles from the city centre. The asset includes a ground and first floor industrial unit, previously utilized for shoe manufacturing, consisting of a total space of 365 m2. The location boasts excellent transport links and is in close proximity to essential local amenities, making it ideal for redevelopment or conversion into various commercial uses. The property requires modernization to unlock its full potential, allowing an astute investor or developer the chance to create a tailored space that meets contemporary needs.

Investment Analysis

(LE2 area)

Area Average

£281/sq ft

Avg Rent (weekly)

£247

Avg Yield

4.3%

Renovation Potential

Medium Refurb

Est. Renovation Cost

£60,000 - £90,000

Note: Renovation cost estimates are AI-generated based on property location and general characteristics, and may not reflect actual costs.

Monthly Sales

Average per month

Market Turnover

28%

Properties sold annually

Local Market Trend (LE2)

Area prices are stable by -1.6% over the last 12 months

3 year growth: -0.4%

5 year growth: +13.6%

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

Percy Road, Leicester, Leicestershire, LE2

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Property Price

Household Income

Deposit

Deposit %

Interest Rate

Repayment Period

years

Current average 2-year fixed rate is 4.06%

Current average variable rate is 6.81%

Monthly Repayments

£992

Based on a loan of £206,250 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.