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Grantham Road, Netherhall, Leicester

East Midlands

£250,000
Listed on 18/10/2025

Property Details

Bedrooms
3
Type
Semi-detached house
Area
625 sqft

Description

This three-bedroom semi-detached home is situated on a generous corner plot in the well-regarded Netherhall area, presenting an excellent opportunity for renovation and investment. The property is offered with no onward chain, making it accessible for buyers ready to make their mark. The layout begins with a welcoming hallway that leads to a bright bay-fronted lounge, enhanced by dual-aspect windows that fill the room with natural light. Adjacent to the lounge is a kitchen featuring a mix of base and eye-level units, along with plumbing that suggests potential for further enhancement or reconfiguration. A ground-floor bathroom provides essential facilities, including both a bathtub and shower. Upstairs, you'll find three conveniently sized bedrooms. The main bedroom includes built-in storage options and houses the gas combination boiler. This space offers flexibility for modernization or expansion if desired. Externally, the property boasts a large rear garden predominantly paved for low maintenance. Enclosed by fencing, it also includes a shed for additional storage and allows gated access to the front yard. The sizable front garden is mostly lawned and features off-road parking with potential to expand. Located in an established residential neighborhood, the home benefits from close proximity to local schools, shops, and transport links, catering well to families or investors seeking rental opportunities. With some thoughtful updates and renovations, this property could be transformed into an ideal family home or an attractive addition to any investment portfolio.

Investment Analysis

(LE5 area)

Above Market Value

This property is priced +41.0% above area average per sq ft

+41.0%
This Property
£400/sq ft
Area Average
£284/sq ft
Avg Rent (weekly)
£245
Avg Yield
4.3%

Renovation Potential

Medium Refurb
Est. Renovation Cost
£15,000 - £25,000
Target Value
£195,009
10% above area average per sq ft
Potential ROI
-29.1%
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

Grantham Road, Netherhall, 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
£916
Based on a loan of £187,500 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