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Greenwood Road, Leicester, Leicestershire, LE5 - Image 1
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Greenwood Road, Leicester, Leicestershire, LE5

East Midlands

£220,000
Listed on 30/12/2025

Property Details

Bedrooms
3
Type
Semi-detached house
Area
758 sqft

Description

Presenting a three-bedroom semi-detached property on the desirable Greenwood Road in LE5, this home offers a prime opportunity for those looking to invest in renovation. While the property requires updating, its traditional layout provides ample space to create a personalized living environment. The generous dimensions of the separate kitchen and three spacious bedrooms present the potential for modernizing the interior. Outside, the rear garden offers further possibilities for landscaping or extending the home with appropriate planning permissions. Located within a sought-after residential area close to essential amenities, schools, and transport links, this property is particularly appealing to families or savvy investors eager to develop a project that adds significant value over time.

Investment Analysis

(LE5 area)

Above Market Value

This property is priced +2.3% above area average per sq ft

+2.3%
This Property
£290/sq ft
Area Average
£284/sq ft
Avg Rent (weekly)
£245
Avg Yield
4.3%

Renovation Potential

Medium Refurb
Est. Renovation Cost
£15,000 - £30,000
Target Value
£236,507
10% above area average per sq ft
Potential ROI
-5.4%
After renovation
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

Greenwood Road, Leicester, Leicestershire, 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
£806
Based on a loan of £165,000 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