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Babington Row, Leicester, LE2

East Midlands

£155,000
Listed on 06/02/2026

Property Details

Bedrooms
3
Type
Semi-detached house
Area
980 sqft

Description

This semi-detached property presents a promising renovation opportunity and is well-suited for those looking to invest in the thriving East Midlands market. The home features an entrance lobby that leads into a spacious lounge with dual aspect windows, providing ample natural light. An open-plan kitchen-diner area, equipped with base units and plumbing for essential appliances, opens out to a sizeable private garden, offering potential for outdoor enhancements. Upstairs, you will find two double bedrooms and a single bedroom alongside a three-piece bathroom suite. The property also benefits from off-road parking at the front and easy access to local amenities and major transport links. With its chain-free status, this is an excellent chance to create value through tailored renovations.

Investment Analysis

(LE2 area)

Below Market Value

This property is priced -43.4% below area average per sq ft

-43.4%
Potential saving
This Property
£158/sq ft
Area Average
£279/sq ft
Avg Rent (weekly)
£252
Avg Yield
4.4%

Renovation Potential

Medium Refurb
Est. Renovation Cost
£15,000 - £25,000
Target Value
£301,193
10% above area average per sq ft
Potential ROI
+67.3%
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

Babington Row, Leicester, LE2
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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
£559
Based on a loan of £116,250 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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