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Gelert Avenue, Evington, Leicester

East Midlands

£270,000
Listed on 30/12/2025

Property Details

Bedrooms
2
Type
Semi-detached house
Area
883 sqft

Description

This semi-detached house, featuring two bedrooms and situated on a corner plot, presents a promising opportunity for buyers ready to invest in a renovation project. The property comes with the advantage of no upward chain, making it an ideal choice for those looking to move quickly. Inside, you'll find a well-proportioned lounge diner, a kitchen with essential amenities, and a convenient downstairs WC. The first floor hosts two bedrooms—one of which has been creatively converted from two into a spacious L-shaped room—and a shower room that could benefit from modernisation. Outside, the generous rear garden includes parking facilities and a garage, offering further flexibility to enhance the living space. This home is perfect for individuals seeking to inject their personal style and maximise the property's potential.

Investment Analysis

(LE5 area)

Above Market Value

This property is priced +7.8% above area average per sq ft

+7.8%
This Property
£306/sq ft
Area Average
£284/sq ft
Avg Rent (weekly)
£245
Avg Yield
4.3%

Renovation Potential

Medium Refurb
Est. Renovation Cost
£15,000 - £25,000
Target Value
£275,509
10% above area average per sq ft
Potential ROI
-6.6%
After renovation
Note: Renovation cost estimates are AI-generated based on property location and general characteristics, and may not reflect actual costs.
Monthly Sales
33
Average per month
Market Turnover
14%
Properties sold annually

Local Market Trend (LE5)

Area prices are rising by +2.1% over the last 12 months
3 year growth: 8.3%
5 year growth: 24.8%
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

Gelert Avenue, Evington, Leicester
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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
£989
Based on a loan of £202,500 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.

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