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Lamborne Road, Leicester

East Midlands

£300,000
Listed on 30/12/2025

Property Details

Bedrooms
3
Type
Detached house
Area
893 sqft

Description

This three-bedroom detached family home is situated in a sought-after residential neighborhood and presents a unique opportunity for renovation or expansion (subject to planning permission). The property is currently clean and tidy, providing a solid foundation for further development. Inside, you'll find a porch leading into an entrance hall that grants access to a lounge with an adjoining dining area, both of which benefit from natural light from UPVC double-glazed windows. The kitchen features fitted units and offers potential for modern upgrades. A conservatory opens up to the expansive rear garden, which enjoys privacy and could be enhanced further. Upstairs, there are three well-proportioned bedrooms and a family bathroom that could be reimagined for contemporary living. Outside, the property boasts a front garden, driveway, carport, and a detached pre-fabricated garage, adding valuable space and convenience. This home's generous plot size and existing layout make it an excellent candidate for those looking to invest in renovations or expansions to create their ideal living space.

Investment Analysis

(LE2 area)

Above Market Value

This property is priced +21.8% above area average per sq ft

+21.8%
This Property
£336/sq ft
Area Average
£276/sq ft
Avg Rent (weekly)
£260
Avg Yield
4.7%

Renovation Potential

Medium Refurb
Est. Renovation Cost
£20,000 - £40,000
Target Value
£270,967
10% above area average per sq ft
Potential ROI
-20.3%
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

Lamborne 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
£1,099
Based on a loan of £225,000 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