Worst House on the Street Logo
Swainson Road, Northfield. Leicester - Image 1
Swainson Road, Northfield. Leicester - Image 2
Swainson Road, Northfield. Leicester - Image 3
Swainson Road, Northfield. Leicester - Image 4
Swainson Road, Northfield. Leicester - Image 5
Swainson Road, Northfield. Leicester - Image 6
Swainson Road, Northfield. Leicester - Image 7
Swainson Road, Northfield. Leicester - Image 8
Swainson Road, Northfield. Leicester - Image 9
Swainson Road, Northfield. Leicester - Image 10
Swainson Road, Northfield. Leicester - Image 11

Swainson Road, Northfield. Leicester

East Midlands

£250,000
Listed on 09/11/2025

Property Details

Bedrooms
3
Type
Terraced house
Area
689 sqft

Description

This three-bedroom terraced property presents a promising opportunity for renovation and investment in the Northfields area. With no onward chain, it is well-positioned for those looking to make their mark. The home features off-road parking and a generous rear garden, providing ample space for outdoor leisure or potential development, subject to planning permissions. Inside, the ground floor welcomes you with an entrance hall that leads to a spacious lounge adorned with a charming bay window. The kitchen, while functional with existing base and wall units, offers a blank canvas for modern upgrades and personal touches. The lobby area conveniently connects the kitchen to a family bathroom and grants access to the rear garden. Upstairs, the layout includes three bedrooms, with the main bedroom benefiting from built-in storage. Each room has potential for reconfiguration or enhancement, allowing you to tailor the space to suit your needs. The exterior features a driveway for one vehicle and a large rear garden primarily laid to lawn. A partially constructed outhouse adds extra potential for future use or conversion. A shared side passage provides easy access to the rear garden. This property not only offers comfortable living but also significant potential for improvement or extension. Its location in Northfields is desirable, making it an attractive option for both homeowners and investors alike. With local amenities and transport links nearby, this home could be transformed into a standout property in the neighborhood with some thoughtful renovations.

Investment Analysis

(LE4 area)

Above Market Value

This property is priced +24.7% above area average per sq ft

+24.7%
This Property
£363/sq ft
Area Average
£291/sq ft
Avg Rent (weekly)
£249
Avg Yield
4.6%

Renovation Potential

Light Refurb
Est. Renovation Cost
£10,000 - £20,000
Target Value
£220,473
10% above area average per sq ft
Potential ROI
-18.3%
After renovation
Note: Renovation cost estimates are AI-generated based on property location and general characteristics, and may not reflect actual costs.
Monthly Sales
54
Average per month
Market Turnover
18%
Properties sold annually

Local Market Trend (LE4)

Area prices are stable by +1.9% over the last 12 months
3 year growth: 6.0%
5 year growth: 28.0%
Investment Disclaimer: Analysis based on LE4 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

Swainson Road, Northfield. Leicester
Loading map...

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.

Next Steps

Explore services to help you with this property purchase.

Need a mortgage for this property?

Explore personalised financing options tailored to this property

No obligation, free consultation

YOUR HOME MAY BE REPOSSESSED IF YOU DO NOT KEEP UP REPAYMENTS ON YOUR MORTGAGE