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18 Spinney Hill Road, North Evington, Leicester, LE5 3GG - Image 1
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18 Spinney Hill Road, North Evington, Leicester, LE5 3GG - Image 8
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18 Spinney Hill Road, North Evington, Leicester, LE5 3GG - Image 10
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18 Spinney Hill Road, North Evington, Leicester, LE5 3GG

East Midlands

£140,000
Listed on 15/01/2026

Property Details

Bedrooms
2
Type
Semi-detached house
Area
899 sqft

Description

This end-terrace property presents a valuable opportunity for investors or homeowners seeking a project. Situated near Humberstone Road and adjacent to Green Lane Infant School, it features two bedrooms, gas central heating, and double glazing. The property is in need of modernisation, making it an ideal candidate for refurbishment to enhance its appeal and value. The ground floor comprises an entrance hall leading to two reception rooms and a kitchen, while the first floor accommodates two bedrooms and a bathroom. Outside, there's a rear garden accompanied by two outbuildings and shared access from the side. Given its current condition and location, this property offers significant potential for those willing to invest time and resources into renovation. Please be aware that the sale will occur via public auction on 11/02/2026, with no pre-auction offers accepted.

Investment Analysis

(LE5 area)

Below Market Value

This property is priced -45.1% below area average per sq ft

-45.1%
Potential saving
This Property
£156/sq ft
Area Average
£284/sq ft
Avg Rent (weekly)
£248
Avg Yield
4.3%

Renovation Potential

Medium Refurb
Est. Renovation Cost
£20,000 - £35,000
Target Value
£280,501
10% above area average per sq ft
Potential ROI
+60.3%
After renovation
Note: Renovation cost estimates are AI-generated based on property location and general characteristics, and may not reflect actual costs.
Monthly Sales
44
Average per month
Market Turnover
35%
Properties sold annually

Local Market Trend (LE5)

Area prices are rising by +2.5% over the last 12 months
3 year growth: 9.1%
5 year growth: 24.0%
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

18 Spinney Hill Road, North Evington, Leicester, LE5 3GG
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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
£513
Based on a loan of £105,000 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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