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Highway Road, Evington, Leicester, LE5

East Midlands

£635,000
Listed on 30/12/2025

Property Details

Bedrooms
8
Type
Semi-detached house

Description

This spacious eight-bedroom semi-detached house on Highway Road in Leicester presents an exceptional opportunity for both large families and savvy investors. As you step inside, the inviting entrance hallway leads to a versatile front study, perfect for use as an office or quiet retreat. The ground floor comprises two ample reception rooms tailored for modern living, with one featuring air conditioning and bi-fold doors that open onto an extensive rear garden — ideal for outdoor dining and entertainment. Central to the home is a contemporary kitchen equipped with a central island, integral double oven, and hob, further enhanced by skylights that fill the space with natural light. A sleek shower room adds practicality to this level. The first floor hosts five bedrooms, including two with en-suite bathrooms, along with a family bathroom for convenience. The second floor features three more double bedrooms adorned with skylights that enhance their airy feel. Externally, the property boasts a generous garden and off-street parking for 3-4 vehicles at the front. While it benefits from double glazing, gas central heating, and air conditioning, it is important to note that this repossessed property has been vacant for some time and will require cleaning and organization. This offers a blank canvas for those looking to invest in renovations that could transform this house into a remarkable residence. Its location near local amenities, schools, parks, shops, and transport links further enhances its appeal as an investment opportunity.

Investment Analysis

(LE5 area)
Area Average
£284/sq ft
Avg Rent (weekly)
£245
Avg Yield
4.3%

Renovation Potential

Medium Refurb
Est. Renovation Cost
£30,000 - £50,000
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

Highway Road, Evington, Leicester, LE5
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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
£2,326
Based on a loan of £476,250 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