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Kingsway Road, Stoneygate, Leicester

East Midlands

£475,000
Listed on 20/11/2025

Property Details

Bedrooms
4
Type
Detached house
Area
1496 sqft

Description

This four-bedroom detached residence, situated in the desirable suburb of Stoneygate, presents a solid foundation for updates and enhancements. The property boasts well-maintained interiors but is ripe for modernizing to fully realize its potential. Located just two miles from Leicester's city center, it offers accessibility to local amenities, including shopping on Allandale Road, Evington, and Oadby villages, alongside reputable schools such as Evington Valley and Gartree Colleges.<br><br>Upon entering, you are welcomed into a spacious hallway leading to a range of versatile living areas including a light-filled lounge with large windows and a connecting dining area that flows into the conservatory. The generously sized kitchen features high-quality fixtures from Rational and modern appliances but may benefit from aesthetic updates or expansion plans. This home’s layout allows for creative renovations, especially in the utility room and garage which could be transformed into additional living spaces (subject to necessary permissions).<br><br>The upstairs layout includes four adaptable bedrooms; currently configured for family use but offering opportunities to create an office or study space. The main bathroom is functional yet could be modernized to enhance comfort.<br><br>Externally, the block-paved driveway accommodates three vehicles with a rear garden that offers privacy backed by maintained woodland. With existing planning permission granted for front extension, there is significant scope for further development. Overall, this property is not only a comfortable family home but also an investment opportunity with substantial renovation potential.

Investment Analysis

(LE5 area)

Above Market Value

This property is priced +11.9% above area average per sq ft

+11.9%
This Property
£318/sq ft
Area Average
£284/sq ft
Avg Rent (weekly)
£245
Avg Yield
4.3%

Renovation Potential

Medium Refurb
Est. Renovation Cost
£30,000 - £50,000
Target Value
£466,774
10% above area average per sq ft
Potential ROI
-11.1%
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

Kingsway Road, Stoneygate, 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
£1,740
Based on a loan of £356,250 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