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Buckingham Drive, Leicester, Leicestershire, LE2 - Image 1
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Buckingham Drive, Leicester, Leicestershire, LE2

East Midlands

£230,000
Listed on 15/10/2025

Property Details

Bedrooms
3
Type
Semi-detached house
Area
726 sqft

Description

This semi-detached three-bedroom house presents a valuable opportunity for renovation and investment in Aylestone. The property is strategically located near local amenities and offers convenient access to major transport routes, including the M1 and M69, making it an attractive option for first-time buyers or buy-to-let investors. Upon entering, you are greeted by a spacious entrance hall that leads to a practical ground floor W.C. The lounge features a double-glazed window that allows natural light to fill the space, along with two radiators for comfort, and offers ample room for reimagining the layout to suit personal tastes. The kitchen diner is equipped with a range of wall and base units along with essential appliances such as an electric hob, oven, fridge, freezer, and dishwasher. Here, large windows and patio doors open up to the rear garden, creating potential for an inviting indoor-outdoor living experience. On the first floor, there are three bedrooms. The main bedroom enjoys views through its front-facing double-glazed window while the second bedroom features fitted wardrobes and overlooks the rear garden. The third bedroom also includes fitted wardrobes, providing ample storage solutions throughout the home. The bathroom is fitted with essential fixtures including a panelled bath with an electric shower overhead. Externally, this property boasts a wrap-around garden that not only enhances outdoor living but also holds significant potential for future expansion (subject to planning permission). Additional off-road parking is available at the side of the house, with secured parking options behind gates. This property is not just a home; it is a canvas for future development and could be transformed into something truly special while benefiting from its prime location in Aylestone.

Investment Analysis

(LE2 area)

Above Market Value

This property is priced +14.8% above area average per sq ft

+14.8%
This Property
£317/sq ft
Area Average
£276/sq ft
Avg Rent (weekly)
£260
Avg Yield
4.7%

Renovation Potential

Light Refurb
Est. Renovation Cost
£15,000 - £25,000
Target Value
£220,294
10% above area average per sq ft
Potential ROI
-13.6%
After renovation
Note: Renovation cost estimates are AI-generated based on property location and general characteristics, and may not reflect actual costs.
Monthly Sales
61
Average per month
Market Turnover
11%
Properties sold annually

Local Market Trend (LE2)

Area prices are stable by +1.5% over the last 12 months
3 year growth: 1.6%
5 year growth: 18.2%
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

Buckingham Drive, Leicester, Leicestershire, LE2
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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
£843
Based on a loan of £172,500 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