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Trueway Road, Evington, Leicester, LE5

East Midlands

£375,000
Listed on 15/10/2025

Property Details

Bedrooms
3
Type
Detached house
Area
1783 sqft

Description

This property presents a solid foundation for those looking to invest in a home with significant renovation potential. Featuring three generously sized bedrooms, it allows for versatile living arrangements and room for personalization. The welcoming entrance is approached via paved pathways adorned with flower borders. A concrete driveway leads to an entrance porch, which opens into a hall providing access to the staircase and an under-stairs storage cupboard. The heart of the home is the double-aspect lounge/dining room, enhanced by bay windows that invite natural light and offer views of the front garden. This space features a charming focal fireplace set against a marble background, creating an inviting atmosphere for relaxation or entertaining. At the rear, the kitchen provides ample opportunities for modern updates with its existing layout, including wall and base units, Formica work surfaces, and a range of appliances. It also includes a part-glazed door leading directly to the garden, facilitating easy outdoor access. Upstairs, the property accommodates three double bedrooms. Two of these rooms boast built-in wardrobes that maximize storage options while maintaining floor space. The third bedroom features wood flooring and cleverly designed eaves storage. The family bathroom is generously sized and includes desirable amenities such as a Jacuzzi-style shower unit and a vanity unit for added convenience. Outside, the front driveway offers off-road parking and leads to an attached garage with twin part-glazed doors. A covered side access further enhances practicality. The rear garden is spacious yet requires some attention; it features flower borders alongside a lawn area and offers potential for landscaping or enhancement. Moreover, there exists substantial development potential with scope to add en-suite bathrooms or extend living spaces into unused attic areas, subject to planning permissions. This property not only provides comfortable living but also encourages forward-thinking renovation ideas that could significantly increase its overall value in this appealing location.

Investment Analysis

(LE5 area)

Below Market Value

This property is priced -25.9% below area average per sq ft

-25.9%
Potential saving
This Property
£210/sq ft
Area Average
£284/sq ft
Avg Rent (weekly)
£245
Avg Yield
4.3%

Renovation Potential

Medium Refurb
Est. Renovation Cost
£25,000 - £40,000
Target Value
£556,323
10% above area average per sq ft
Potential ROI
+34.1%
After renovation
Note: Renovation cost estimates are AI-generated based on property location and general characteristics, and may not reflect actual costs.
Monthly Sales
33
Average per month
Market Turnover
14%
Properties sold annually

Local Market Trend (LE5)

Area prices are rising by +2.1% over the last 12 months
3 year growth: 8.3%
5 year growth: 24.8%
Investment Disclaimer: Analysis based on LE5 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

Trueway Road, Evington, Leicester, LE5
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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
£1,374
Based on a loan of £281,250 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