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Peters Drive, Leicester, Leicestershire, LE5 - Image 1
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Peters Drive, Leicester, Leicestershire, LE5

East Midlands

£260,000
Listed on 19/10/2025

Property Details

Bedrooms
2
Type
Semi-detached house
Area
803 sqft

Description

This two-bedroom end-terraced property presents a valuable opportunity for renovation and investment in the sought-after Humberstone area of Leicester, known for its vibrant community and favorable LE5 postcode. With a range of local amenities just a stone's throw away, including shops and various places of worship, this location offers both convenience and potential for growth. Inside, the layout features a spacious lounge enhanced by a uPVC double-glazed bay window that allows natural light to fill the space. The kitchen diner is equipped with essential wall and base units, a gas hob, oven, and ample space for additional appliances. It also includes two radiators, a uPVC double-glazed window overlooking the rear garden, and patio doors leading directly outside. This area presents an ideal canvas for modernization or reconfiguration to suit contemporary living preferences. On the first floor, you'll find two well-proportioned bedrooms. The main bedroom benefits from built-in wardrobes and another uPVC double-glazed window while the second bedroom features rear elevation views. The bathroom includes a panelled bath with an electric shower, complemented by practical fixtures such as a W.C. and pedestal wash basin. Externally, the property boasts both front and rear gardens; the front garden also provides off-road parking—a desirable feature in urban settings. There is significant potential to extend the property to the side and rear (subject to planning permission), allowing future owners or investors to maximize their return on investment. Overall, this property not only offers comfortable living spaces but also invites creative vision for enhancement in one of Leicester's thriving neighborhoods.

Investment Analysis

(LE5 area)

Above Market Value

This property is priced +14.1% above area average per sq ft

+14.1%
This Property
£324/sq ft
Area Average
£284/sq ft
Avg Rent (weekly)
£245
Avg Yield
4.3%

Renovation Potential

Light Refurb
Est. Renovation Cost
£5,000 - £12,000
Target Value
£250,548
10% above area average per sq ft
Potential ROI
-7.9%
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

Peters Drive, Leicester, Leicestershire, 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
£952
Based on a loan of £195,000 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