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Avenue Road Extension, Leicester, LE2

East Midlands

£270,000
Listed on 18/02/2026

Property Details

Bedrooms
3
Type
Semi-detached house
Area
916 sqft

Description

This spacious end-terraced house offers an excellent investment opportunity in a desirable location close to the University of Leicester. With three well-sized bedrooms, including two doubles and a single, the home is currently refurbished but presents further potential for enhancement, particularly with the large attic space that could be converted into a fourth bedroom, pending planning permissions. The ground floor comprises two separate reception areas, a modern kitchen fitted with white gloss units, and a tastefully updated bathroom. This property also benefits from central heating and double glazing for energy efficiency. Outdoor space includes a private rear garden, ideal for relaxing or additional storage needs. With its freehold status and no chain, this property promises a swift acquisition process, making it an appealing prospect for first-time buyers or investors seeking long-term value in a well-located area with access to key amenities and educational institutions.

Investment Analysis

(LE2 area)

Above Market Value

This property is priced +5.5% above area average per sq ft

+5.5%
This Property
£295/sq ft
Area Average
£279/sq ft
Avg Rent (weekly)
£252
Avg Yield
4.4%

Renovation Potential

Medium Refurb
Est. Renovation Cost
£20,000 - £35,000
Target Value
£281,523
10% above area average per sq ft
Potential ROI
-7.7%
After renovation
Note: Renovation cost estimates are AI-generated based on property location and general characteristics, and may not reflect actual costs.
Monthly Sales
64
Average per month
Market Turnover
28%
Properties sold annually

Local Market Trend (LE2)

Area prices are stable by -1.1% over the last 12 months
3 year growth: -0.1%
5 year growth: +14.1%
Investment Disclaimer: Analysis based on LE2 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

Avenue Road Extension, Leicester, LE2
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Mortgage Calculator

£
£
£
%
%
years

Current average 2-year fixed rate is 4.06%

Current average variable rate is 6.81%

Monthly Repayments
£974
Based on a loan of £202,500 over 30 years at 4.06% 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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