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Devana Road, Leicester

East Midlands

£200,000

Listed on 20/06/2025

Property details

Bedrooms
3
Type
End Of Terrace

Description

This three-bedroom end-terraced property, featuring a commercial unit, is located in a sought-after residential area and presents an ideal opportunity for cash buyers looking to invest in a comprehensive renovation project. Currently requiring extensive refurbishment throughout, this property offers a blank slate perfect for personalisation. The commercial space is previously used as a shop and includes its own access, making it suitable for those considering entrepreneurial ventures or alternative uses. Additional amenities include on-street parking and proximity to community attractions, enhancing its appeal to families and professionals alike. With thoughtful renovations, this property could be transformed into a stylish residence with the added benefit of business potential attached.

Investment analysis

(LE2 area)
Area Average
£282/sq ft
Avg Rent (weekly)
£237
Avg Yield
4.1%

Renovation Potential

Heavy Refurb
Est. Renovation Cost
£50,000 - £80,000
Note: Renovation cost estimates are AI-generated based on property location and general characteristics, and may not reflect actual costs.
Monthly Sales
72
Average per month
Market Turnover
9%
Properties sold annually

Local Market Trend (LE2)

Area prices are stable by -0.3% over the last 12 months
3 year growth: -2.7%
5 year growth: +8.7%
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

Devana Road, Leicester
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Mortgage calculator

£
£
£
%
%
years

Current average 2-year fixed rate is 4.45%

Current average variable rate is 6.60%

Monthly Repayments
£756
Based on a loan of £150,000 over 30 years at 4.45% 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.

Stamp duty calculator

Price History

-9.1% since listed
£200,000£20,000(-9.1%)
10/03/2026
Current price
£220,000Initial listing
20/06/2025

Next Steps

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