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Corporation Road, LEICESTER, Leicestershire, LE4

East Midlands

£360,000
Listed on 15/11/2025

Property Details

Bedrooms
3
Type
Semi-detached house
Area
1185 sqft

Description

This semi-detached residence offers a blend of comfortable living and promising investment potential in a desirable area, conveniently situated near local amenities, schools, and transport options. The property features three well-proportioned bedrooms alongside a flexible fourth room that can serve various purposes. The two reception areas are generously sized, with bay windows providing ample natural light; the front reception room also boasts an open fireplace that adds character to the space. A conservatory extends the living area, making it an ideal spot for dining or simply enjoying views of the garden. Practical elements include off-street parking, enhancing convenience for residents and visitors alike. For investors, the home is currently tenanted by a reliable family who pay £1,100 per month and have maintained consistent payment history; they are open to continuing their tenancy under new ownership. Additionally, both the Gas Safety Certificate and EICR are current, providing peace of mind regarding essential safety standards. There is significant potential for enhancement within this property. A large workshop/garage at the rear—along with some gates and an existing tree—offers an opportunity for development (subject to planning permission). The removal of these structures could create additional outdoor space or even allow for the construction of a double garage. Rear access via Rose Street is already established, further expanding options for improvement. This property stands out as a valuable investment or as a canvas for buyers looking to personalize their ideal home. Early viewing is advisable to fully appreciate its features and possibilities for enhancement.

Investment Analysis

(LE4 area)

Above Market Value

This property is priced +4.4% above area average per sq ft

+4.4%
This Property
£304/sq ft
Area Average
£291/sq ft
Avg Rent (weekly)
£249
Avg Yield
4.6%

Renovation Potential

Medium Refurb
Est. Renovation Cost
£20,000 - £40,000
Target Value
£379,188
10% above area average per sq ft
Potential ROI
-5.2%
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

Corporation Road, LEICESTER, Leicestershire, LE4
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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
£1,319
Based on a loan of £270,000 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