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Western Road, West End

East Midlands

£170,000
Listed on 06/01/2026

Property Details

Bedrooms
2
Type
Terraced house
Area
809 sqft

Description

Located in the desirable West End area of Leicester, this two-bedroom mid-terrace property offers a promising investment opportunity or an ideal starter home. Currently generating £950 per month in rental income, it provides immediate cash flow for prospective buyers. The layout features two reception rooms, a practical kitchen, and a bathroom, while the first floor accommodates two reasonably sized bedrooms. This property is ripe for renovation, allowing new owners to enhance its value through targeted improvements. With its proximity to the city centre, De Montfort University, and excellent transport links, it stands out as a lucrative project for investors looking to tap into a robust rental market. Additional amenities such as shops and parks further contribute to its appeal, making this property a strategic choice in a vibrant community.

Investment Analysis

(LE3 area)

Below Market Value

This property is priced -16.2% below area average per sq ft

-16.2%
Potential saving
This Property
£210/sq ft
Area Average
£251/sq ft
Avg Rent (weekly)
£266
Avg Yield
5.5%

Renovation Potential

Medium Refurb
Est. Renovation Cost
£15,000 - £25,000
Target Value
£223,276
10% above area average per sq ft
Potential ROI
+14.5%
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

Western Road, West End
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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
£623
Based on a loan of £127,500 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.

Next Steps

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