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Beaconsfield Road, Westcotes, Leicester, LE3

East Midlands

£225,000
Listed on 09/09/2025

Property Details

Bedrooms
3
Type
Terraced house
Area
1584 sqft

Description

This Victorian terraced home presents a considerable opportunity for renovation, perfect for buyers looking to invest in a property with substantial potential. Located on Beaconsfield Road, the home is characterized by its original features, including Minton tiled flooring and impressive high ceilings, all of which can serve as a foundation for a bespoke restoration. The layout spans three levels, beginning with the ground floor where you'll find two spacious reception rooms, a dining area, kitchen, and a shower room. Moving up to the first floor, there are three well-sized bedrooms along with a family bathroom. The converted loft adds further versatility with an additional room that includes its own WC—ideal for a variety of uses from guest accommodation to a home office. While the property requires comprehensive refurbishment, this offers buyers the unique chance to tailor updates according to personal taste and modern standards. The garden at the rear features a courtyard style layout that could also benefit from landscaping or redesign. Situated in a location with strong rental demand, this home holds great investment potential. With an estimated rental income of around £1,800 per calendar month, it translates to an attractive yield of approximately 8.64%. Whether you envision it as your next family residence or as an investment project, this property invites creativity and

Investment Analysis

(LE3 area)

Below Market Value

This property is priced -43.8% below area average per sq ft

-43.8%
Potential saving
This Property
£142/sq ft
Area Average
£253/sq ft
Avg Rent (weekly)
£265
Avg Yield
5.5%

Renovation Potential

Heavy Refurb
Est. Renovation Cost
£60,000 - £90,000
Target Value
£440,304
10% above area average per sq ft
Potential ROI
+39.8%
After renovation
Note: Renovation cost estimates are AI-generated based on property location and general characteristics, and may not reflect actual costs.
Monthly Sales
67
Average per month
Market Turnover
16%
Properties sold annually

Local Market Trend (LE3)

Area prices are stable by +1.1% over the last 12 months
3 year growth: 0.2%
5 year growth: 24.0%
Investment Disclaimer: Analysis based on LE3 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

Beaconsfield Road, Westcotes, Leicester, LE3
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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
£824
Based on a loan of £168,750 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