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Knighton Fields Road West, Knighton Fields, Leicester - Image 1
Knighton Fields Road West, Knighton Fields, Leicester - Image 2
Knighton Fields Road West, Knighton Fields, Leicester - Image 3
Knighton Fields Road West, Knighton Fields, Leicester - Image 4
Knighton Fields Road West, Knighton Fields, Leicester - Image 5
Knighton Fields Road West, Knighton Fields, Leicester - Image 6
Knighton Fields Road West, Knighton Fields, Leicester - Image 7
Knighton Fields Road West, Knighton Fields, Leicester - Image 8
Knighton Fields Road West, Knighton Fields, Leicester - Image 9
Knighton Fields Road West, Knighton Fields, Leicester - Image 10
Knighton Fields Road West, Knighton Fields, Leicester - Image 11

Knighton Fields Road West, Knighton Fields, Leicester

East Midlands

£240,000
Listed on 15/10/2025

Property Details

Bedrooms
3
Type
Terraced house
Area
958 sqft

Description

This three-bedroom end townhouse presents a promising opportunity for renovation and investment in the desirable area of Knighton Fields. The property features an entrance hall that leads into two reception rooms, providing ample living space. The kitchen is functional and includes necessary plumbing for modern appliances, with potential for an upgrade to enhance its appeal. Upstairs, you'll find three well-proportioned bedrooms along with a family bathroom. The layout allows for creative reconfiguration possibilities, which may unlock further value through renovations. Spacious gardens at both the front and rear add to the property's charm; the rear garden particularly benefits from a southerly aspect, making it ideal for outdoor improvements or extensions, pending relevant planning permissions. The location offers significant advantages, being close to local amenities and services including reputable schools—both public and private—as well as day-care facilities. Proximity to Leicester City Centre ensures easy access to various shopping options along Welford Road and Queens Road in Clarendon Park, featuring a selection of boutique shops, bars, and restaurants. Additionally, major medical facilities like Leicester Royal Infirmary and Leicester General Hospital are within reach. This property not only serves as a comfortable family home but also stands out as a valuable investment opportunity given its location and potential for enhancement. With some updating, it could become a highly sought-after residence in this vibrant community.

Investment Analysis

(LE2 area)

Below Market Value

This property is priced -9.2% below area average per sq ft

-9.2%
Potential saving
This Property
£251/sq ft
Area Average
£276/sq ft
Avg Rent (weekly)
£260
Avg Yield
4.7%

Renovation Potential

Light Refurb
Est. Renovation Cost
£5,000 - £15,000
Target Value
£290,691
10% above area average per sq ft
Potential ROI
+14.0%
After renovation
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

Knighton Fields Road West, Knighton Fields, 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