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Woodland Drive, Leicester, LE3

East Midlands

£240,000
Listed on 04/01/2026

Property Details

Bedrooms
3
Type
Semi-detached house
Area
1226 sqft

Description

This three-bedroom semi-detached home is offered with no onward chain, making it a prime opportunity for both first-time buyers and investors. The property features a welcoming entrance hall with storage options, a spacious lounge that boasts a bay window and a charming feature fireplace equipped with a log burner. The large kitchen/diner is well-appointed with integrated appliances and opens through two sets of French patio doors to the rear garden. Upstairs, you'll find three generously sized bedrooms along with a modern bathroom. With off-road parking available at the front and a substantial garden at the back, there's significant potential for enhancements. There are opportunities to further modernize this property, including the possibility of extending the rear or converting the expansive side utility/storage area, subject to obtaining planning permission. Located in a desirable area near Leicester city centre, Glenfield hospital, and major transport links, this property also presents strong rental yield prospects.

Investment Analysis

(LE3 area)

Below Market Value

This property is priced -22.0% below area average per sq ft

-22.0%
Potential saving
This Property
£196/sq ft
Area Average
£251/sq ft
Avg Rent (weekly)
£266
Avg Yield
5.5%

Renovation Potential

Medium Refurb
Est. Renovation Cost
£20,000 - £35,000
Target Value
£338,364
10% above area average per sq ft
Potential ROI
+23.0%
After renovation
Note: Renovation cost estimates are AI-generated based on property location and general characteristics, and may not reflect actual costs.
Monthly Sales
70
Average per month
Market Turnover
30%
Properties sold annually

Local Market Trend (LE3)

Area prices are stable by 0.0% over the last 12 months
3 year growth: 1.0%
5 year growth: 24.0%
Investment Disclaimer: Analysis based on LE3 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

Woodland Drive, Leicester, LE3
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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
£879
Based on a loan of £180,000 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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