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Manor Drive, Leicester

East Midlands

£240,000
Listed on 29/12/2025

Property Details

Bedrooms
3
Type
Semi-detached house

Description

This three-bedroom, two-bathroom residence is situated on a desirable corner plot in a well-regarded area, presenting a unique opportunity for renovation and potential investment. The property boasts a spacious layout with a welcoming hallway leading to a bright living room—ideal for creating an inviting atmosphere for family gatherings or entertaining guests. The kitchen, featuring a dining area, is fully fitted and offers scope for modern upgrades to enhance functionality and style. All three bedrooms are generously sized, allowing for various configurations and storage solutions. The presence of two bathrooms enhances convenience, particularly for families or shared living arrangements. The expansive garden surrounding the property not only provides ample space for outdoor activities but also holds future development potential, subject to local planning permissions. Additionally, the driveway accommodates multiple vehicles comfortably. This home offers significant possibilities for renovation that could increase its value while maintaining comfort and practicality in an enviable location.

Investment Analysis

(LE4 area)
Area Average
£291/sq ft
Avg Rent (weekly)
£249
Avg Yield
4.6%

Renovation Potential

Medium Refurb
Est. Renovation Cost
£25,000 - £40,000
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

Manor Drive, Leicester
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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
£879
Based on a loan of £180,000 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