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Houlditch Road, Knighton, Leicester, LE2 - Image 1
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Houlditch Road, Knighton, Leicester, LE2

East Midlands

£285,000
Listed on 28/11/2025

Property Details

Bedrooms
3
Type
Semi-detached house
Area
818 sqft

Description

This three-bedroom semi-detached house in Knighton is situated on a substantial plot, presenting considerable potential for extension or renovation. The property's sizable garden and spacious interiors offer an ideal canvas for buyers looking to modernize and enhance its value, subject to necessary planning permissions. The classic layout features high ceilings and generous room dimensions that are conducive to contemporary redesigns. The expansive rear garden serves as a standout element, providing ample space for possible open-concept extensions or outdoor living enhancements.<br><br>Internally, the home maintains its original character while needing refurbishment, making it a perfect opportunity for those wishing to create a personalized living space. It encompasses two reception rooms, a kitchen with side access, three bedrooms, and a bathroom — all elements ripe for transformation according to individual tastes. Neighbouring properties have undergone notable upgrades over time, indicating strong potential for future investment returns.<br><br>The exterior boasts an inviting front aspect with a spacious driveway that could be reconfigured or expanded for additional parking. Located in the sought-after Knighton area known for its tranquil atmosphere, local amenities, reputable schools, and convenient access to nearby Clarendon Park and Leicester city centre; this home offers immediate availability without a chain. This property is well-suited to any buyer eager to embark on a renovation project that promises both comfort and value enhancement.

Investment Analysis

(LE2 area)

Above Market Value

This property is priced +26.3% above area average per sq ft

+26.3%
This Property
£348/sq ft
Area Average
£276/sq ft
Avg Rent (weekly)
£260
Avg Yield
4.7%

Renovation Potential

Medium Refurb
Est. Renovation Cost
£25,000 - £45,000
Target Value
£248,210
10% above area average per sq ft
Potential ROI
-24.8%
After renovation
Note: Renovation cost estimates are AI-generated based on property location and general characteristics, and may not reflect actual costs.
Monthly Sales
61
Average per month
Market Turnover
11%
Properties sold annually

Local Market Trend (LE2)

Area prices are stable by +1.5% over the last 12 months
3 year growth: 1.6%
5 year growth: 18.2%
Investment Disclaimer: Analysis based on LE2 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

Houlditch Road, Knighton, Leicester, LE2
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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
£1,044
Based on a loan of £213,750 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