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Grantham Road, Netherhall, Leicester

East Midlands

£229,950
Listed on 31/01/2026

Property Details

Bedrooms
3
Type
Terraced house

Description

This extended mid-terraced house presents an excellent opportunity for renovation in the sought-after LE5 area of Netherhall. Currently configured with three bedrooms, a downstairs bathroom, a lounge, and a kitchen that opens to the rear garden, this property offers a solid foundation for modernization. The layout is functional, but updating the interior, including flooring, bathroom fixtures, and kitchen units will significantly enhance its appeal and value. An added benefit is the driveway accommodating one vehicle and a spacious rear garden that can be transformed into an outdoor retreat. This property is freehold with utility connections available, making it ideal for investors or families looking to create their dream home. Viewing is strictly by appointment.

Investment Analysis

(LE5 area)
Area Average
£283/sq ft
Avg Rent (weekly)
£252
Avg Yield
4.4%

Renovation Potential

Medium Refurb
Est. Renovation Cost
£15,000 - £25,000
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

Grantham Road, Netherhall, 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
£829
Based on a loan of £172,462 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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