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Folville Rise, Leicester

East Midlands

£240,000
Listed on 21/01/2026

Property Details

Bedrooms
3
Type
Semi-detached house

Description

This three-bedroom family home in Braunstone presents an excellent opportunity for those looking to invest in a property with considerable potential for extension and modernization, subject to the necessary planning approvals. The ground floor features an entrance hall leading to a spacious lounge-diner with patio doors that open into a generously sized rear garden, which is primarily laid to lawn but could be enhanced for outdoor living. The breakfast kitchen, while functional, could benefit from updating to meet contemporary standards. Upstairs, you'll find three well-proportioned bedrooms and a shower room that may require refurbishment. The property boasts off-street parking and is offered with no upper chain, making it an appealing prospect for renovation enthusiasts or families looking to create their ideal home.

Investment Analysis

(LE3 area)
Area Average
£253/sq ft
Avg Rent (weekly)
£252
Avg Yield
5.2%

Renovation Potential

Medium Refurb
Est. Renovation Cost
£25,000 - £40,000
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
36%
Properties sold annually

Local Market Trend (LE3)

Area prices are stable by +0.1% over the last 12 months
3 year growth: +1.3%
5 year growth: +23.6%
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

Folville Rise, Leicester
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Mortgage Calculator

£
£
£
%
%
years

Current average 2-year fixed rate is 4.06%

Current average variable rate is 6.81%

Monthly Repayments
£866
Based on a loan of £180,000 over 30 years at 4.06% 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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