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London Road, Leicester, LE2

East Midlands

£550,000
Listed on 11/02/2026

Property Details

Bedrooms
7
Type
Detached house

Description

Located on the vibrant London Road in Leicester, this substantial semi-commercial property spans four floors plus a basement, making it an appealing renovation project for investors. With seven bedrooms and multiple office spaces, the property offers flexibility in its use, whether you choose to convert it into modern flats or pursue a House in Multiple Occupation (HMO) subject to planning permissions. Its advantageous position near the city centre and train station positions it well for future rental potential or resale value. Additionally, it features parking at the rear for up to four vehicles, a rare find in this central location. The freehold status further solidifies its investment appeal, providing autonomy over any alterations you plan to make. This property stands as an unrefined opportunity awaiting your vision and creativity to unlock its potential in Leicester's dynamic market.

Investment Analysis

(LE2 area)
Area Average
£279/sq ft
Avg Rent (weekly)
£252
Avg Yield
4.4%

Renovation Potential

Medium Refurb
Est. Renovation Cost
£75,000 - £125,000
Note: Renovation cost estimates are AI-generated based on property location and general characteristics, and may not reflect actual costs.
Monthly Sales
64
Average per month
Market Turnover
28%
Properties sold annually

Local Market Trend (LE2)

Area prices are stable by +1.1% over the last 12 months
3 year growth: -0.1%
5 year growth: 14.1%
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

London Road, Leicester, LE2
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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
£1,984
Based on a loan of £412,500 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.

Next Steps

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