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

East Midlands

£240,000

Listed on 26/12/2025

Property details

Bedrooms
3
Type
Semi Detached
Area
758 sqft

Description

This three-bedroom semi-detached home presents a valuable opportunity for those looking to invest in a property with significant renovation potential. Situated on a desirable road in LE5, the house needs modernisation, allowing buyers to shape it according to their preferences and style. The traditional layout includes spacious living areas, a separate kitchen, and three well-sized bedrooms, providing ample space for family life. The rear garden offers the chance for landscaping or even an extension, pending necessary planning approvals. On-street parking is available as there is no designated driveway. Located in a sought-after residential neighborhood, this property is conveniently near local amenities, schools, and public transport links. It’s an ideal project for families or investors eager to enhance value through refurbishment.

Investment analysis

(LE5 area)

Above Market Value

This property is priced +9.7% above area average per sq ft

+9.7%
This Property
£317/sq ft
Area Average
£289/sq ft
Avg Rent (weekly)
£251
Avg Yield
4.3%

Renovation Potential

Medium Refurb
Est. Renovation Cost
£15,000 - £30,000
Target Value
£240,760
10% above area average per sq ft
Potential ROI
-10.8%
After renovation
Note: Renovation cost estimates are AI-generated based on property location and general characteristics, and may not reflect actual costs.
Monthly Sales
41
Average per month
Market Turnover
13%
Properties sold annually

Local Market Trend (LE5)

Area prices are stable by -1.8% over the last 12 months
3 year growth: +3.2%
5 year growth: +12.8%
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, Evington, Leicester, LE5
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Mortgage calculator

£
£
£
%
%
years

Current average 2-year fixed rate is 4.45%

Current average variable rate is 6.60%

Monthly Repayments
£907
Based on a loan of £180,000 over 30 years at 4.45% 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.

Stamp duty calculator

Price History

+9.1% since listed
£240,000£10,000(-4.0%)
01/05/2026
Current price
£250,000+£30,000(+13.6%)
24/02/2026
£220,000Initial listing
30/12/2025

Next Steps

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