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St. Phillips Road, Evington, Leicester, LE5

East Midlands

£450,000
Listed on 14/10/2025

Property Details

Bedrooms
4
Type
Semi-detached house
Area
1682 sqft

Description

This substantial four-bedroom semi-detached house sits at the desirable intersection of Evington and Stoneygate, presenting a prime opportunity for renovation or investment. The property boasts generous living space across two levels, complemented by a large rear garden and convenient access to local amenities and educational institutions. The layout is ideal for families or those looking to configure their living space creatively. An entrance porch welcomes you into a spacious hallway featuring built-in storage and a pantry. On the ground floor, you'll find three sizable reception rooms: a front lounge with bay window and modern fireplace, a rear sitting room complete with gas fire, and a dining room that connects seamlessly to the garden via patio doors. The extended kitchen includes fitted wall and base units along with essential appliances such as a double electric oven and gas hob with extractor hood. A lean-to off the kitchen adds further potential with its access to a shower room, large storage room, and both front and rear gardens. Upstairs houses four bedrooms with fitted wardrobes in three of them, alongside a family bathroom equipped with a corner bath as well as an electric shower. There’s also a separate W.C. for added convenience, plus loft access from the landing. Externally, the property features low-maintenance block-paved areas at the front, leading to an expansive rear garden that requires minimal upkeep while offering established flower beds, an apple tree, and even a stainless steel sink. An additional outbuilding fitted with power provides versatile options for either storage or workspace. Situated in this sought-after residential neighborhood of Stoneygate close to Evington's amenities—shops on Allandale Road offer dining options alongside various independent businesses—the property also enjoys excellent transport links. The nearby ring road provides easy access to Junctions 21 of the M1 and M69, making commuting straightforward while Leicester city center is just ten minutes away by car. Overall, this property presents an enticing renovation project or investment opportunity in a thriving area.

Investment Analysis

(LE5 area)

Below Market Value

This property is priced -5.2% below area average per sq ft

-5.2%
Potential saving
This Property
£268/sq ft
Area Average
£282/sq ft
Avg Rent (weekly)
£236
Avg Yield
4.0%

Renovation Potential

Medium Refurb
Est. Renovation Cost
£30,000 - £50,000
Target Value
£522,219
10% above area average per sq ft
Potential ROI
+4.4%
After renovation
Note: Renovation cost estimates are AI-generated based on property location and general characteristics, and may not reflect actual costs.
Monthly Sales
41
Average per month
Market Turnover
37%
Properties sold annually

Local Market Trend (LE5)

Area prices are stable by +1.7% over the last 12 months
3 year growth: +5.9%
5 year growth: +19.2%
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

St. Phillips Road, Evington, Leicester, LE5
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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
£1,623
Based on a loan of £337,500 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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