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Saltersford Road, Leicester

East Midlands

£350,000
Listed on 23/01/2026

Property Details

Bedrooms
3
Type
Semi-detached house
Area
1047 sqft

Description

Located on the desirable Saltersford Road in the Rowlatts Hill area of Leicester, this three-bedroom home presents a solid foundation for families, first-time buyers, and savvy investors. The property boasts ample living space with significant room for enhancement, particularly appealing for those looking to develop a long-term family residence or capitalize on investment potential. The house is chain-free and features a well-planned layout across two floors, including a loft room that offers the opportunity for conversion into an additional bedroom pending necessary consents. The ground floor is comprised of an inviting entrance hallway leading to a spacious lounge and separate sitting room, complemented by a bright conservatory that opens onto a secluded south-facing garden—ideal for outdoor entertaining or relaxation. The kitchen is generously sized and benefits from both a pantry and utility area, as well as a convenient downstairs W/C. On the upper level, there are three good-sized bedrooms and a family bathroom. The loft room adds versatile options for storage or hobbies while standing ready for possible transformation into extra living space. With its generous dimensions and adaptable layout, this property not only offers immediate comfort but also substantial scope for refurbishment or expansion (subject to planning approval). Additionally, the extensive rear garden provides privacy and low-maintenance leisure opportunities. Given its prime location near local amenities, schools, and parks, along with excellent transport links into central Leicester and major roadways like the A47 and A563, this property emerges as an exceptional investment prospect.

Investment Analysis

(LE5 area)

Above Market Value

This property is priced +18.3% above area average per sq ft

+18.3%
This Property
£334/sq ft
Area Average
£283/sq ft
Avg Rent (weekly)
£252
Avg Yield
4.4%

Renovation Potential

Medium Refurb
Est. Renovation Cost
£25,000 - £40,000
Target Value
£325,470
10% above area average per sq ft
Potential ROI
-16.5%
After renovation
Note: Renovation cost estimates are AI-generated based on property location and general characteristics, and may not reflect actual costs.
Monthly Sales
44
Average per month
Market Turnover
38%
Properties sold annually

Local Market Trend (LE5)

Area prices are rising by +3.0% over the last 12 months
3 year growth: +8.4%
5 year growth: +22.6%
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

Saltersford Road, 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
£1,262
Based on a loan of £262,500 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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