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Farrier Lane, Leicester, LE4

East Midlands

£290,000
Listed on 10/11/2025

Property Details

Bedrooms
4
Type
Semi-detached house
Area
981 sqft

Description

This four-bedroom semi-detached home is situated in a desirable residential neighborhood of Leicester, presenting a unique opportunity for renovation and investment. With close proximity to Melton Road, the property enjoys easy access to vibrant local amenities and transport links, enhancing its appeal for families, professionals, and investors alike. The surrounding area boasts well-regarded schools, various places of worship, and an array of shops, supermarkets, healthcare facilities, and dining options. The excellent transport connections further elevate its desirability—frequent bus services and convenient access to major roadways such as the A46 and A6 facilitate smooth commutes to Leicester city center and beyond. Inside, the spacious layout begins with a welcoming entrance hallway that leads into a generously sized lounge—a versatile space suitable for both relaxation and family gatherings. The kitchen/breakfast room offers ample cabinetry and counter space while accommodating dining needs. Additionally, a practical ground floor bathroom enhances convenience for daily living. On the upper level, you will find four well-sized bedrooms that provide flexibility for various layouts—ideal for larger families or those needing dedicated work-from-home spaces. A separate W.C. serves this floor, offering potential for reconfiguration or modernization according to individual preferences. The exterior features off-road parking with a driveway and carport, complemented by a sizeable rear garden that presents endless possibilities for outdoor entertaining or personal landscaping projects. There is also scope for extension (subject to planning permission), making this property an attractive proposition for those looking to personalize their home or enhance its value through additional development. With its combination of solid structural potential and strategic location within Leicester’s thriving community landscape, this property represents an excellent investment opportunity waiting to be transformed into a modern family haven.

Investment Analysis

(LE4 area)

Above Market Value

This property is priced +1.6% above area average per sq ft

+1.6%
This Property
£296/sq ft
Area Average
£291/sq ft
Avg Rent (weekly)
£249
Avg Yield
4.6%

Renovation Potential

Medium Refurb
Est. Renovation Cost
£30,000 - £50,000
Target Value
£313,910
10% above area average per sq ft
Potential ROI
-7.7%
After renovation
Note: Renovation cost estimates are AI-generated based on property location and general characteristics, and may not reflect actual costs.
Monthly Sales
54
Average per month
Market Turnover
18%
Properties sold annually

Local Market Trend (LE4)

Area prices are stable by +1.9% over the last 12 months
3 year growth: 6.0%
5 year growth: 28.0%
Investment Disclaimer: Analysis based on LE4 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

Farrier Lane, Leicester, LE4
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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
£1,062
Based on a loan of £217,500 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