Worst House on the Street Logo
Marjorie Street, Belgrave, Leicester - Image 1
Marjorie Street, Belgrave, Leicester - Image 2
Marjorie Street, Belgrave, Leicester - Image 3
Marjorie Street, Belgrave, Leicester - Image 4
Marjorie Street, Belgrave, Leicester - Image 5
Marjorie Street, Belgrave, Leicester - Image 6
Marjorie Street, Belgrave, Leicester - Image 7
Marjorie Street, Belgrave, Leicester - Image 8
Marjorie Street, Belgrave, Leicester - Image 9
Marjorie Street, Belgrave, Leicester - Image 10
Marjorie Street, Belgrave, Leicester - Image 11

Marjorie Street, Belgrave, Leicester

East Midlands

£220,000
Listed on 15/10/2025

Property Details

Bedrooms
2
Type
Terraced house
Area
894 sqft

Description

This two-bedroom terraced home, located on a quiet street in Belgrave, presents an excellent opportunity for renovation and investment. With a generous rear garden and the potential for expansion (subject to planning permission), the property invites creative updates and personalized enhancements. Stepping inside, you are greeted by a comfortable lounge featuring modern LVT flooring, which connects seamlessly to a spacious sitting room overlooking the garden. This layout offers flexibility in design and usage, making it easy to envision an open-concept living space as part of any renovation plans. The kitchen comes equipped with essential amenities including fitted base and eye-level units, an integrated fridge and freezer, and plumbing provisions for appliances. A UPVC door provides direct access to the garden—a valuable feature for those interested in indoor-outdoor living. On the upper level, you will find two generously sized double bedrooms that provide ample space for reconfiguration or refurbishment. A well-appointed family bathroom complements this floor with its bathtub and shower combination, making it functional while allowing room for aesthetic upgrades. The exterior of the property features a substantial paved garden secured by a brick-built perimeter. An additional storage shed and outdoor WC add practicality, while a canopy extends usability throughout the year—ideal for outdoor entertaining or gardening projects. Situated in Belgrave, this home benefits from proximity to local amenities, schools, and public transport links—enhancements that can appeal to future tenants or buyers alike. With increasing demand in the area, investing in this property not only allows for immediate customization but also positions you well within a growing market. As a freehold property with council tax band A, it represents an attractive option for first-time buyers or seasoned investors looking to capitalize on potential growth through thoughtful renovations.

Investment Analysis

(LE4 area)

Below Market Value

This property is priced -15.4% below area average per sq ft

-15.4%
Potential saving
This Property
£246/sq ft
Area Average
£291/sq ft
Avg Rent (weekly)
£249
Avg Yield
4.6%

Renovation Potential

Light Refurb
Est. Renovation Cost
£5,000 - £12,000
Target Value
£286,071
10% above area average per sq ft
Potential ROI
+23.3%
After renovation
Note: Renovation cost estimates are AI-generated based on property location and general characteristics, and may not reflect actual costs.
Monthly Sales
54
Average per month
Market Turnover
18%
Properties sold annually

Local Market Trend (LE4)

Area prices are stable by +1.9% over the last 12 months
3 year growth: 6.0%
5 year growth: 28.0%
Investment Disclaimer: Analysis based on LE4 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

Marjorie Street, Belgrave, Leicester
Loading map...

Mortgage Calculator

£
£
£
%
%
years

Current average 2-year fixed rate is 4.19%

Current average variable rate is 6.78%

Monthly Repayments
£806
Based on a loan of £165,000 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