Worst House on the Street Logo
Lorraine Road, Aylestone - Image 1
Lorraine Road, Aylestone - Image 2
Lorraine Road, Aylestone - Image 3
Lorraine Road, Aylestone - Image 4
Lorraine Road, Aylestone - Image 5
Lorraine Road, Aylestone - Image 6
Lorraine Road, Aylestone - Image 7
Lorraine Road, Aylestone - Image 8
Lorraine Road, Aylestone - Image 9

Lorraine Road, Aylestone

East Midlands

£150,000

Listed on 18/05/2026

Property Details

Bedrooms
2
Type
Terraced
Area
927 sqft

Description

Situated on a quiet street in Aylestone, this charming Victorian mid-terrace home presents a great opportunity for renovation and investment. The property features a bright front reception area that transitions into a second reception room, perfect for dining and entertaining. The inclusion of a cellar opens up additional options for storage or even conversion. The galley kitchen leads to a private outdoor garden space that invites potential for landscaping enhancements.

Upstairs, you'll find two well-proportioned bedrooms, with the principal bedroom benefiting from semi en suite access to the bathroom—a hint at the property's adaptability. Although it has had some recent updates, including new double-glazed windows at both the front and back, there is still ample scope for modernisation to increase overall value.

The home is located near local shops and green areas like Aylestone Meadows, providing a balance of convenience and leisure activities. This property is ideal for those looking to put their personal touch on a classic Victorian home while enjoying all the perks of suburban living close to Leicester city centre.

Investment Analysis

(LE2 area)

Below Market Value

This property is priced -42.8% below area average per sq ft

-42.8%
Potential saving
This Property
£162/sq ft
Area Average
£283/sq ft
Avg Rent (weekly)
£244
Avg Yield
4.1%

Renovation Potential

Medium Refurb
Est. Renovation Cost
£20,000 - £35,000
Target Value
£288,218
10% above area average per sq ft
Potential ROI
+55.8%
After renovation
Note: Renovation cost estimates are AI-generated based on property location and general characteristics, and may not reflect actual costs.
Monthly Sales
76
Average per month
Market Turnover
11%
Properties sold annually

Local Market Trend (LE2)

Area prices are falling by -3.9% over the last 12 months
3 year growth: -2.0%
5 year growth: +8.5%
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

Lorraine Road, Aylestone
Loading map...

Mortgage Calculator

£
£
£
%
%
years

Current average 2-year fixed rate is 3.97%

Current average variable rate is 6.59%

Monthly Repayments
£535
Based on a loan of £112,500 over 30 years at 3.97% 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.

Stamp Duty Calculator

Price History

-6.3% since listed
£150,000£10,000(-6.3%)
28/10/2025
Current price
£160,000Initial listing
29/08/2025

Next Steps

Explore services to help you with this property purchase.

Get help with this property

Financing, surveys and more – choose a service and we’ll connect you with our trusted partners.

Allcott Associates