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Eddystone Road, Leicester, LE5

East Midlands

£180,000
Listed on 24/08/2025

Property Details

Bedrooms
3
Type
Terraced house

Description

This three-bedroom mid-town house on Eddystone Road, located in a desirable residential area just off Scraptoft Lane, offers an appealing opportunity for renovation and investment. While the property requires some updating, it provides a blank slate for buyers looking to add their personal touch and enhance its value. The sale is freehold and comes with no upward chain, making it easier for potential buyers to move forward. The layout spans two levels, starting with a welcoming entrance hallway that leads to a spacious reception room featuring a functional fireplace and ample living space. The kitchen is equipped with essential built-in units and offers direct access to the rear garden, which presents further options for landscaping and outdoor enhancement. Upstairs, the property includes three well-sized bedrooms that benefit from natural light and offer potential for reconfiguration or modernization. A family bathroom completes the upper level. Externally, the front of the home boasts off-street parking, while the rear garden provides a private sanctuary where you can create your own retreat. This outdoor area invites landscaping creativity and could become an attractive feature of the property. Situated in a well-regarded section of Leicester, residents will appreciate nearby amenities including supermarkets like Tesco and Sainsbury's within approximately 1.5 miles. Families will find several reputable schools within walking distance, catering to both primary and secondary education needs. Leisure facilities are also close at hand; Evington Leisure Centre offers fitness options including a gym and swimming pool, while Humberstone Park and Scraptoft Nature Reserve are ideal for outdoor pursuits. Access to healthcare services is convenient with local GP surgeries and pharmacies readily available. With Leicester city center just over three miles away, residents enjoy various retail, dining, and cultural experiences as well as excellent transport links via Leicester Train Station for direct services to London and other major destinations. For international travel needs, East Midlands Airport is about 21 miles away with straightforward access via major roads. This property represents not just an opportunity for homeownership but also stands as a potential asset in an expanding rental market. Its competitive pricing alongside promising renovation prospects makes it an attractive option for both first-time buyers seeking to make their mark or investors aiming to capitalize on its location in this vibrant area of Leicester. Internal viewings are highly recommended to explore how this townhouse can be transformed into a comfortable family home or lucrative investment opportunity.

Investment Analysis

(LE5 area)
Area Average
£284/sq ft
Avg Rent (weekly)
£245
Avg Yield
4.3%

Renovation Potential

Medium Refurb
Est. Renovation Cost
£15,000 - £30,000
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

Eddystone Road, 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
£659
Based on a loan of £135,000 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