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Birkenshaw Road, Leicester, LE3 9

East Midlands

£249,950
Listed on 29/01/2026

Property Details

Bedrooms
3
Type
Detached
Area
940 sqft

Description

This three-bedroom detached house presents a promising opportunity for renovation enthusiasts and investors alike, situated in the well-established LE3 area of Leicester. The property offers a spacious layout with significant potential for modernization or extension (subject to planning permission), making it an appealing choice for those looking to add value. The generous rear garden adds possibilities for landscaping or outdoor enhancements, complementing the existing living space.

Located within a tranquil cul-de-sac, this home is conveniently close to local amenities, schools, and major transport links including the M1 and M69, enhancing its attractiveness as both a residence and rental investment. The vibrant Leicester city centre and Fosse Park are easily accessible, ensuring that day-to-day conveniences are only a short drive away.

Inside, the property features a dual-aspect sitting room that floods with natural light and includes French doors leading to the garden—ideal for entertaining. A functional kitchen with built-in appliances rounds out the ground floor layout. Upstairs accommodates three bedrooms—two doubles and one single—which can cater to various needs such as guest rooms or home offices. The family bathroom has essential facilities but could benefit from updating.

The exterior boasts an enclosed rear garden bordered by secure fencing along with a detached garage and driveway providing off-street parking. Overall, while the home is neutrally decorated and ready to move into, it also holds considerable scope for enhancement tailored to individual tastes or investment goals.

Investment Analysis

(LE3 area)

Above Market Value

This property is priced +4.7% above area average per sq ft

+4.7%
This Property
£266/sq ft
Area Average
£254/sq ft
Avg Rent (weekly)
£251
Avg Yield
5.1%

Renovation Potential

Medium Refurb
Est. Renovation Cost
£15,000 - £30,000
Target Value
£262,584
10% above area average per sq ft
Potential ROI
-6.2%
After renovation
Note: Renovation cost estimates are AI-generated based on property location and general characteristics, and may not reflect actual costs.
Monthly Sales
79
Average per month
Market Turnover
15%
Properties sold annually

Local Market Trend (LE3)

Area prices are stable by -1.9% over the last 12 months
3 year growth: -0.7%
5 year growth: +18.2%
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

Birkenshaw Road, Leicester, LE3 9
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Mortgage Calculator

£
£
£
%
%
years

Current average 2-year fixed rate is 3.91%

Current average variable rate is 6.62%

Monthly Repayments
£885
Based on a loan of £187,462 over 30 years at 3.91% 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.

Stamp Duty Calculator

Price History

-10.7% since listed
£249,950£10,050(-3.9%)
15/04/2026
Current price
£260,000£4,950(-1.9%)
14/03/2026
£264,950£5,000(-1.9%)
08/03/2026
£269,950£5,050(-1.8%)
26/02/2026
£275,000£5,000(-1.8%)
14/02/2026
£280,000Initial listing
31/01/2026

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