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Lonsdale Street, Highfields, Leicester

East Midlands

£190,000
Listed on 21/01/2026

Property Details

Bedrooms
2
Type
Terraced house
Area
905 sqft

Description

Located in the dynamic Highfields area of Leicester, this two-bedroom terraced house offers a significant opportunity for investors and renovation enthusiasts. With a generous layout encompassing 904 square feet, the property features two large reception rooms and ample bedroom space, ideal for family living or rental use. Although the house requires extensive modernisation, this presents a unique chance for buyers to personalize their living space or enhance its appeal for tenants. Its proximity to local amenities, shops, restaurants, and transport links adds to its attractiveness as a refurbishment project. This property stands out as a valuable investment in the Leicester housing market, perfect for both first-time buyers eager to create their ideal home and seasoned investors looking for potential returns.

Investment Analysis

(LE2 area)

Below Market Value

This property is priced -24.9% below area average per sq ft

-24.9%
Potential saving
This Property
£210/sq ft
Area Average
£279/sq ft
Avg Rent (weekly)
£252
Avg Yield
4.4%

Renovation Potential

Heavy Refurb
Est. Renovation Cost
£25,000 - £40,000
Target Value
£278,143
10% above area average per sq ft
Potential ROI
+20.9%
After renovation
Note: Renovation cost estimates are AI-generated based on property location and general characteristics, and may not reflect actual costs.
Monthly Sales
64
Average per month
Market Turnover
28%
Properties sold annually

Local Market Trend (LE2)

Area prices are stable by +1.1% over the last 12 months
3 year growth: -0.1%
5 year growth: 14.1%
Investment Disclaimer: Analysis based on LE2 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

Lonsdale Street, Highfields, 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
£685
Based on a loan of £142,500 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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