Worst House on the Street Logo
Saffron Lane, Leicester, Leicestershire, LE2 - Image 1
Saffron Lane, Leicester, Leicestershire, LE2 - Image 2
Saffron Lane, Leicester, Leicestershire, LE2 - Image 3
Saffron Lane, Leicester, Leicestershire, LE2 - Image 4
Saffron Lane, Leicester, Leicestershire, LE2 - Image 5
Saffron Lane, Leicester, Leicestershire, LE2 - Image 6
Saffron Lane, Leicester, Leicestershire, LE2 - Image 7
Saffron Lane, Leicester, Leicestershire, LE2 - Image 8
Saffron Lane, Leicester, Leicestershire, LE2 - Image 9
Saffron Lane, Leicester, Leicestershire, LE2 - Image 10
Saffron Lane, Leicester, Leicestershire, LE2 - Image 11

Saffron Lane, Leicester, Leicestershire, LE2

East Midlands

£200,000
Listed on 03/07/2025

Property Details

Bedrooms
3
Type
Semi-detached house
Area
1306 sqft

Description

This end-terrace home presents a solid investment opportunity, especially for those looking to renovate and customize a property to their tastes. With three bedrooms and ample living space, the layout offers flexibility for both families and investors alike. The welcoming entrance hall leads into a bright front living room, providing a comfortable space for relaxation. The spacious kitchen and living area offer room for family gatherings or social events, while two well-proportioned double bedrooms can be found on the first floor alongside the family bathroom. A unique feature of this home is the third bedroom located on the second floor, which connects to an additional room through an archway. This extra space could serve various purposes, such as a home office, dressing room, or nursery. Outside, the good-sized rear garden benefits from side access, making it an ideal spot for summer entertaining or gardening projects. Though the property requires modernisation throughout, this need for refurbishment presents a blank canvas for creative homeowners or investors eager to enhance its value. Located near local shops, recreational areas, and excellent transport links, this property not only offers convenience but also positions itself favorably within a sought-after community. Whether aiming to create a personalized family residence or seeking a project with strong rental potential, this home stands out as an opportunity with significant upside.

Investment Analysis

(LE2 area)

Below Market Value

This property is priced -44.5% below area average per sq ft

-44.5%
Potential saving
This Property
£153/sq ft
Area Average
£276/sq ft
Avg Rent (weekly)
£260
Avg Yield
4.7%

Renovation Potential

Medium Refurb
Est. Renovation Cost
£25,000 - £40,000
Target Value
£396,286
10% above area average per sq ft
Potential ROI
+65.1%
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

Saffron Lane, Leicester, Leicestershire, LE2
Loading map...

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.

Next Steps

Explore services to help you with this property purchase.

Need a mortgage for this property?

Explore personalised financing options tailored to this property

No obligation, free consultation

YOUR HOME MAY BE REPOSSESSED IF YOU DO NOT KEEP UP REPAYMENTS ON YOUR MORTGAGE