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Cranmer Street, Leicester

East Midlands

£165,000
Listed on 17/09/2025

Property Details

Bedrooms
2
Type
Terraced house

Description

This mid-terrace property features two well-proportioned reception rooms and a kitchen on the ground floor, providing a solid foundation for renovations or updates. On the first floor, you'll find two bedrooms along with a family bathroom, making it suitable for various living arrangements. The home benefits from double glazing and gas central heating, which can enhance comfort and energy efficiency. Situated in an area with access to local schools and amenities, this property offers significant investment potential. Its proximity to transport links also adds convenience for commuting, making it appealing for both first-time buyers and investors looking to capitalize on rental opportunities. With no chain involved, this property is ready for new ownership, allowing for quick renovations or occupancy. The overall structure presents a blank canvas for those looking to make personalized updates while enhancing value over time.

Investment Analysis

(LE3 area)
Area Average
£248/sq ft
Avg Rent (weekly)
£227
Avg Yield
4.8%

Renovation Potential

Est. Renovation Cost
£16,500 - £41,250
10-25% of property value
Monthly Sales
66
Average per month
Market Turnover
36%
Properties sold annually

Local Market Trend (LE3)

Area prices are rising by +2.1% over the last 12 months
3 year growth: 5.2%
5 year growth: 27.2%
Investment Disclaimer: Analysis based on LE3 area averages and may not reflect property-specific factors like condition, exact location, or unique features. 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

Cranmer Street, Leicester
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