Worst House on the Street Logo
Saffron Lane, Leicester, Leicestershire, LE2 - Image 1
Saffron Lane, Leicester, Leicestershire, LE2 - Image 2
Saffron Lane, Leicester, Leicestershire, LE2 - Image 3
Saffron Lane, Leicester, Leicestershire, LE2 - Image 4
Saffron Lane, Leicester, Leicestershire, LE2 - Image 5
Saffron Lane, Leicester, Leicestershire, LE2 - Image 6
Saffron Lane, Leicester, Leicestershire, LE2 - Image 7
Saffron Lane, Leicester, Leicestershire, LE2 - Image 8

Saffron Lane, Leicester, Leicestershire, LE2

East Midlands

£120,000
Listed on 09/09/2025

Property Details

Bedrooms
2
Type
Terraced house

Description

This two-bedroom terraced home offers a promising opportunity for those interested in renovation and investment. Situated in a desirable area of Leicester, the property enjoys convenient access to local shops, amenities, and transport links, enhancing its appeal for both homeowners and potential renters. The interior features two generously sized reception rooms on the ground floor, providing flexible spaces that can be tailored to meet various lifestyle needs. The kitchen is functional but would benefit from modernization, offering a blank canvas for a complete redesign. Upstairs, you will find two spacious bedrooms along with a family bathroom, making this layout suitable for first-time buyers or small families looking to establish their home in a vibrant community. The exterior boasts a good-sized rear garden that presents options for outdoor relaxation or potential expansion of the living space (subject to planning permissions). This aspect adds significant value to the property and enhances its investment potential. With the home requiring modern updates throughout, it represents an ideal project for those looking to inject their personal style and increase its market value. Additionally, the absence of any onward chain facilitates a more seamless buying process. This property is well-positioned not only as a comfortable residence but also as a solid investment opportunity for anyone prepared to invest in renovations.

Investment Analysis

(LE2 area)
Area Average
£276/sq ft
Avg Rent (weekly)
£260
Avg Yield
4.7%

Renovation Potential

Medium Refurb
Est. Renovation Cost
£20,000 - £35,000
Note: Renovation cost estimates are AI-generated based on property location and general characteristics, and may not reflect actual costs.
Monthly Sales
61
Average per month
Market Turnover
11%
Properties sold annually

Local Market Trend (LE2)

Area prices are stable by +1.5% over the last 12 months
3 year growth: 1.6%
5 year growth: 18.2%
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

Saffron Lane, Leicester, Leicestershire, LE2
Loading map...

Mortgage Calculator

£
£
£
%
%
years

Current average 2-year fixed rate is 4.19%

Current average variable rate is 6.78%

Monthly Repayments
£440
Based on a loan of £90,000 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.

Next Steps

Explore services to help you with this property purchase.

Need a mortgage for this property?

Explore personalised financing options tailored to this property

No obligation, free consultation

YOUR HOME MAY BE REPOSSESSED IF YOU DO NOT KEEP UP REPAYMENTS ON YOUR MORTGAGE