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Spring Gardens, Sapcote, Leicester, LE9 4DX

East Midlands

£500,000
Listed on 15/01/2026

Property Details

Bedrooms
3
Type
Detached house

Description

This property presents a unique opportunity for refurbishment and investment, featuring October House, a transformed three-bedroom detached dwelling originally comprising two former cottages. Set on a modest plot of approximately 0.221 acres (0.09 ha), the house boasts solid brick construction and a pitched tiled roof, offering a robust base for renovation. The ground floor includes an entrance hall, lounge, dining room, breakfast room, kitchen, lobby, and bathroom, while the first floor accommodates three bedrooms. Beyond the dwelling, expansive gardens at the rear provide ample outdoor space; there's also a small enclosed garden and car parking at the front. Additionally, the property includes multiple allotment plots ranging from 0.097 to 0.344 acres and even has potential for further development with lapsed planning consent for an additional four-bedroom residential dwelling on one of the plots. This site is ripe for transformation, whether aiming to revitalize the existing home or capitalize on the abundant land available.

Investment Analysis

(LE9 area)
Area Average
£280/sq ft
Avg Rent (weekly)
£221
Avg Yield
4.0%

Renovation Potential

Medium Refurb
Est. Renovation Cost
£30,000 - £50,000
Note: Renovation cost estimates are AI-generated based on property location and general characteristics, and may not reflect actual costs.
Monthly Sales
54
Average per month
Market Turnover
29%
Properties sold annually

Local Market Trend (LE9)

Area prices are stable by +1.9% over the last 12 months
3 year growth: -0.4%
5 year growth: 14.9%
Investment Disclaimer: Analysis based on LE9 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

Spring Gardens, Sapcote, Leicester, LE9 4DX
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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
£1,832
Based on a loan of £375,000 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.

Next Steps

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