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Nansen Road, Evington, Leicester, LE5

East Midlands

£350,000
Listed on 15/10/2025

Property Details

Bedrooms
3
Type
Semi-detached house
Area
943 sqft

Description

This three-bedroom semi-detached home, characterized by its charming bay front, presents a unique opportunity for renovation and investment in a desirable area. The property features two spacious reception rooms that can be easily adapted to meet modern living needs, along with a contemporary kitchen designed for efficiency, including a utility space that enhances functionality. Upon entering, you are greeted by an inviting hallway adorned with parquet flooring and convenient under-stair storage. The front-facing dining room receives ample natural light, making it a versatile space suitable for both gatherings and intimate meals. At the rear, the expansive lounge boasts double-glazed French doors that lead directly to the garden, allowing for seamless indoor-outdoor interaction. The kitchen features clean lines with white cabinetry and oak-effect work surfaces, equipped with essential appliances such as an oven and gas hob. Access to the utility room offers additional storage options and plumbing capabilities for laundry needs. On the upper floor, you will find three well-sized bedrooms. The principal bedroom enjoys views from its bay window, while the second bedroom looks out over the garden. The third room is adaptable; it currently serves as a nursery but could easily function as an office or dressing area. The family bathroom is fully tiled with modern fixtures, contributing to the overall neatly maintained aesthetic of the home. Outside, the property is set back from the street with potential for off-road parking (subject to local approvals). The generous rear garden is enclosed and features a patio area as well as a lawn bordered by mature greenery—ideal for various outdoor activities. With side access available, this outdoor space provides both privacy and versatility. Notably, there’s significant scope for expansion or reconfiguration of the living areas (subject to planning permission), enhancing its value further in this sought-after neighborhood. Located near local amenities, schools, and transport links, this property not only caters well to families seeking comfortable living but also represents a sound investment opportunity in an evolving market.

Investment Analysis

(LE5 area)

Above Market Value

This property is priced +30.8% above area average per sq ft

+30.8%
This Property
£371/sq ft
Area Average
£284/sq ft
Avg Rent (weekly)
£245
Avg Yield
4.3%

Renovation Potential

Light Refurb
Est. Renovation Cost
£15,000 - £25,000
Target Value
£294,230
10% above area average per sq ft
Potential ROI
-21.5%
After renovation
Note: Renovation cost estimates are AI-generated based on property location and general characteristics, and may not reflect actual costs.
Monthly Sales
33
Average per month
Market Turnover
14%
Properties sold annually

Local Market Trend (LE5)

Area prices are rising by +2.1% over the last 12 months
3 year growth: 8.3%
5 year growth: 24.8%
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

Nansen Road, Evington, Leicester, LE5
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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
£1,282
Based on a loan of £262,500 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