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Colindale Avenue, LEICESTER, Leicestershire, LE4 - Image 1
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Colindale Avenue, LEICESTER, Leicestershire, LE4 - Image 3
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Colindale Avenue, LEICESTER, Leicestershire, LE4

East Midlands

£249,950
Listed on 16/12/2025

Property Details

Bedrooms
3
Type
Semi-detached house
Area
1089 sqft

Description

This spacious family residence, located in a desirable area of the East Midlands, is an excellent canvas for buyers aiming to personalize their living space. While the property does call for some modernization, it features well-sized rooms distributed across two levels, presenting a noteworthy opportunity for enhancement and value addition. The ground floor presents a large lounge, a separate dining area, and a kitchen that together create adaptable living spaces. Upstairs, there are three ample bedrooms along with a family bathroom. The exterior includes off-road parking and a car port, offering additional possibilities for expansion or improvement, pending local authority consent. Conveniently situated near an array of local amenities, reputable schools, and robust transport links, this home is well-suited for families and commuters alike. This property represents a promising investment opportunity to renovate according to personal style and needs.

Investment Analysis

(LE4 area)

Below Market Value

This property is priced -21.1% below area average per sq ft

-21.1%
Potential saving
This Property
£230/sq ft
Area Average
£291/sq ft
Avg Rent (weekly)
£249
Avg Yield
4.6%

Renovation Potential

Medium Refurb
Est. Renovation Cost
£25,000 - £40,000
Target Value
£348,469
10% above area average per sq ft
Potential ROI
+20.2%
After renovation
Note: Renovation cost estimates are AI-generated based on property location and general characteristics, and may not reflect actual costs.
Monthly Sales
54
Average per month
Market Turnover
18%
Properties sold annually

Local Market Trend (LE4)

Area prices are stable by +1.9% over the last 12 months
3 year growth: 6.0%
5 year growth: 28.0%
Investment Disclaimer: Analysis based on LE4 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

Colindale Avenue, LEICESTER, Leicestershire, LE4
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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
£916
Based on a loan of £187,462 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