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Englefield Road, Leicester, Leicestershire, LE5 - Image 1
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Englefield Road, Leicester, Leicestershire, LE5

East Midlands

£335,000
Listed on 15/08/2025

Property Details

Bedrooms
3
Type
Semi-detached house
Area
859 sqft

Description

This three-bedroom semi-detached home is located on a generous corner plot in the desirable village of Evington, presenting an excellent opportunity for renovation and investment. The property is conveniently positioned near various local amenities, including shops and community facilities, making it ideal for families or those looking to capitalize on rental potential. Additionally, its proximity to excellent transport links enables easy access to the city center and major roadways. The layout features a welcoming porch that leads into an entrance hall. The lounge boasts a uPVC double-glazed bay window that floods the space with natural light, while a gas fire adds warmth to the room. Adjacent to the lounge is the dining room, which has patio doors opening directly onto the rear garden—a perfect spot for entertaining or creating a more expansive living area. The kitchen includes a mix of wall and base units along with essential appliances such as a gas hob and double oven. It also offers ample natural light through multiple windows and provides direct access to the garden. Upstairs, you'll find three well-proportioned bedrooms. The main bedroom features a bay window and fitted wardrobes, enhancing both functionality and comfort. The second bedroom overlooks the rear garden, while the third bedroom is well-suited for guests or as a home office. A shower room and separate W.C complete the first floor. The exterior space further enhances this property's appeal; with its considerable corner plot, there’s significant potential for extension (subject to planning permission) to increase living space or add value. Off-road parking at the front ensures convenience for homeowners and visitors alike. Overall, this property offers not just comfortable living but also notable remodeling opportunities in a sought-after location—making it an attractive prospect for both homeowners looking to personalize their space and investors seeking growth potential.

Investment Analysis

(LE5 area)

Above Market Value

This property is priced +37.5% above area average per sq ft

+37.5%
This Property
£390/sq ft
Area Average
£284/sq ft
Avg Rent (weekly)
£245
Avg Yield
4.3%

Renovation Potential

Light Refurb
Est. Renovation Cost
£15,000 - £25,000
Target Value
£268,021
10% above area average per sq ft
Potential ROI
-25.5%
After renovation
Note: Renovation cost estimates are AI-generated based on property location and general characteristics, and may not reflect actual costs.
Monthly Sales
33
Average per month
Market Turnover
14%
Properties sold annually

Local Market Trend (LE5)

Area prices are rising by +2.1% over the last 12 months
3 year growth: 8.3%
5 year growth: 24.8%
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

Englefield Road, Leicester, Leicestershire, LE5
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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
£1,227
Based on a loan of £251,250 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