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Queens Road, Leicester, LE8

East Midlands

£240,000
Listed on 23/10/2025

Property Details

Bedrooms
2
Type
Semi-detached house
Area
1132 sqft

Description

This end-terraced home, situated on a large corner plot in the charming village of Blaby, presents an attractive opportunity for renovation and investment. The property features spacious interiors that can be further enhanced with creative updates or extensions, subject to planning permissions. Upon entering, you’re greeted by a bright entrance hall leading to a generously sized lounge filled with natural light from dual-aspect double-glazed windows. The kitchen is equipped with ample worktop and storage space, offering views of the landscaped garden through a rear window. A functional utility room connects the main living areas to an integral garage and a bespoke timber-built snug, which could serve as an ideal space for a home office or studio. On the upper level, two sizable double bedrooms are designed to capture abundant light through large windows, creating welcoming spaces perfect for personalization. The family bathroom includes essential amenities such as a shower-over-bath setup and neutral tiles, allowing for easy updates. The exterior of the property boasts significant potential thanks to its corner location. The well-maintained rear garden enjoys sunlight throughout the day and features a paved seating area suitable for outdoor gatherings alongside a spacious lawn that invites gardening projects or play areas for children. With its blend of bright living spaces and ample potential for expansion or improvement, this residence is well-suited for first-time buyers looking to invest in their future or families seeking room to grow in a desirable community setting.

Investment Analysis

(LE8 area)

Below Market Value

This property is priced -29.7% below area average per sq ft

-29.7%
Potential saving
This Property
£212/sq ft
Area Average
£302/sq ft
Avg Rent (weekly)
£254
Avg Yield
3.9%

Renovation Potential

Light Refurb
Est. Renovation Cost
£10,000 - £20,000
Target Value
£375,490
10% above area average per sq ft
Potential ROI
+44.4%
After renovation
Note: Renovation cost estimates are AI-generated based on property location and general characteristics, and may not reflect actual costs.
Monthly Sales
43
Average per month
Market Turnover
15%
Properties sold annually

Local Market Trend (LE8)

Area prices are rising by +3.8% over the last 12 months
3 year growth: -0.1%
5 year growth: 15.3%
Investment Disclaimer: Analysis based on LE8 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

Queens Road, Leicester, LE8
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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
£879
Based on a loan of £180,000 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