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Peters Drive, Humberstone

East Midlands

£365,000
Listed on 25/10/2025

Property Details

Bedrooms
3
Type
Semi-detached house
Area
1600 sqft

Description

This traditional semi-detached home offers a unique blend of charm and potential, situated on a desirable street just off Scraptoft Lane. With its spacious plot, the property presents an excellent opportunity for renovation or expansion, appealing to both families and investors alike. Upon entering, you are greeted by a welcoming hallway featuring a stained glass window and access to under-stair storage. The dining room features a striking fireplace and a large bay window that floods the space with natural light. This area seamlessly connects to an expansive living room, which provides direct access to a conservatory surrounded by windows, offering views of the private rear garden. The recently updated kitchen is equipped with a variety of wall-mounted and base-level units, complemented by functional work surfaces and a sink overlooking the garden. It also includes practical features such as plumbing for a washing machine and space for modern appliances. The ground floor is completed by a convenient downstairs W.C., alongside brick-built storage and an attached garage, all of which offer significant scope for development (subject to planning permission). Upstairs, three well-proportioned bedrooms accommodate various needs, with the largest benefiting from another large bay window. The four-piece family bathroom offers flexibility with its separate bathtub and shower enclosure. Externally, the property boasts off-road parking suitable for multiple vehicles at the front. The rear garden is not only private but also presents considerable potential for landscaping or extension projects. This home is positioned in an area with strong community ties and accessibility to local amenities, making it an attractive prospect for those looking to invest in a property with both immediate comfort and long-term value enhancement possibilities.

Investment Analysis

(LE5 area)

Below Market Value

This property is priced -19.3% below area average per sq ft

-19.3%
Potential saving
This Property
£228/sq ft
Area Average
£283/sq ft
Avg Rent (weekly)
£252
Avg Yield
4.4%

Renovation Potential

Light Refurb
Est. Renovation Cost
£15,000 - £25,000
Target Value
£497,376
10% above area average per sq ft
Potential ROI
+27.5%
After renovation
Note: Renovation cost estimates are AI-generated based on property location and general characteristics, and may not reflect actual costs.
Monthly Sales
44
Average per month
Market Turnover
38%
Properties sold annually

Local Market Trend (LE5)

Area prices are rising by +3.0% over the last 12 months
3 year growth: +8.4%
5 year growth: +22.6%
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, Humberstone
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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
£1,316
Based on a loan of £273,750 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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