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Norman Court, Leicester

East Midlands

£325,000
Listed on 06/12/2025

Property Details

Bedrooms
3
Type
Detached house

Description

This detached three-bedroom home, complete with a single garage, presents an invaluable opportunity for those looking to invest in a property within the desirable LE2 area. While the residence requires comprehensive updating, it holds significant potential for transformation and value enhancement, making it an attractive project for both homeowners and investors alike. Nestled in a tranquil cul-de-sac, the spacious interior includes a bright living room and a separate dining room that could be revitalized into an open-plan layout with planning permission (STPP). The kitchen, though functional, offers opportunities for modernisation or redesign. The first floor features three generous bedrooms along with a family bathroom and two additional WCs, delivering practicality for family life. The private rear garden adds to the appeal while the single garage provides secure parking and storage options. There is also scope to enhance the driveway space if desired. With local amenities, reputable schools, parks, and excellent transport links nearby, this property is perfectly positioned for those seeking to create their ideal long-term home or generate rental income through renovation. Early viewing is advised to appreciate the potential this property offers.

Investment Analysis

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

Renovation Potential

Heavy Refurb
Est. Renovation Cost
£40,000 - £60,000
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

Norman Court, 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
£1,191
Based on a loan of £243,750 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