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Cavendish Road, Leicester

East Midlands

£275,000
Listed on 06/12/2025

Property Details

Bedrooms
4
Type
Terraced house

Description

This mid-terrace property spans three floors and presents a distinctive opportunity for buyers keen on renovating or investing. The basement features two bedrooms, a kitchen, and a shower room, alongside access to the rear garden, offering potential for reconfiguration or rental conversion. On the first floor, an entrance hall leads to an open-plan lounge and diner with an adjoining kitchen, providing a versatile living space. The second floor accommodates two additional bedrooms and a family bathroom complete with a four-piece suite. The property's unique layout allows for various development possibilities (subject to planning permission). Benefits include partial double glazing, gas central heating, and proximity to local amenities and transport links. This property is ideal for those looking to imprint their personal style while exploring its investment potential.

Investment Analysis

(LE2 area)
Area Average
£276/sq ft
Avg Rent (weekly)
£260
Avg Yield
4.7%

Renovation Potential

Medium Refurb
Est. Renovation Cost
£25,000 - £40,000
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

Cavendish Road, 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
£1,007
Based on a loan of £206,250 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