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Elmsleigh Avenue, Stoneygate, Leicester - Image 1
Elmsleigh Avenue, Stoneygate, Leicester - Image 2
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Elmsleigh Avenue, Stoneygate, Leicester

East Midlands

£480,000
Listed on 30/12/2025

Property Details

Bedrooms
4
Type
Detached house
Area
1593 sqft

Description

This traditional detached residence is situated on a desirable corner plot, boasting original features that reflect its period character. The property presents considerable potential for renovation and expansion, particularly to the rear, pending necessary planning permissions. Currently offering four generously sized bedrooms, including a guest suite with en-suite bathroom, it also encompasses two spacious reception rooms, a kitchen breakfast area, and a utility room. The well-established gardens enhance the appeal and provide additional outdoor space. Ample parking facilities include both a driveway and a garage. Positioned conveniently for local schools, Leicester City Centre, and essential amenities, this property represents an excellent opportunity for investors or buyers looking to create their dream home. Viewing is strongly encouraged to fully appreciate its scope for transformation.

Investment Analysis

(LE2 area)

Above Market Value

This property is priced +7.8% above area average per sq ft

+7.8%
This Property
£301/sq ft
Area Average
£279/sq ft
Avg Rent (weekly)
£252
Avg Yield
4.4%

Renovation Potential

Medium Refurb
Est. Renovation Cost
£50,000 - £80,000
Target Value
£489,593
10% above area average per sq ft
Potential ROI
-12.6%
After renovation
Note: Renovation cost estimates are AI-generated based on property location and general characteristics, and may not reflect actual costs.
Monthly Sales
64
Average per month
Market Turnover
28%
Properties sold annually

Local Market Trend (LE2)

Area prices are stable by -1.1% over the last 12 months
3 year growth: -0.1%
5 year growth: +14.1%
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

Elmsleigh Avenue, Stoneygate, Leicester
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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
£1,731
Based on a loan of £360,000 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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