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Gainsborough Road, Knighton, Leicester, LE2 - Image 1
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Gainsborough Road, Knighton, Leicester, LE2 - Image 4
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Gainsborough Road, Knighton, Leicester, LE2

East Midlands

£285,000
Listed on 08/02/2026

Property Details

Bedrooms
3
Type
Semi-detached house
Area
870 sqft

Description

This three-bedroom property presents an excellent opportunity for renovation, featuring a private driveway and the potential for future development. The entrance hall leads into a spacious living room that benefits from natural light, courtesy of a large bay window, creating a welcoming atmosphere. At the rear, the dining kitchen serves as a functional hub with ample space for family gatherings; however, it could greatly benefit from updates or reconfiguration to enhance its layout and modern appeal. The kitchen also conveniently opens onto the garden, promoting a seamless indoor-outdoor flow. Upstairs, three well-sized bedrooms offer flexibility for various living arrangements—ideal for families or home offices. The principal bedroom overlooks the front of the house, while the other two bedrooms provide views over the manageable rear garden. This outdoor space combines paved areas with planted borders and holds potential for extension subject to planning permissions. With no onward chain, this property is ready for those looking to invest in its future.

Investment Analysis

(LE2 area)

Above Market Value

This property is priced +17.2% above area average per sq ft

+17.2%
This Property
£328/sq ft
Area Average
£279/sq ft
Avg Rent (weekly)
£252
Avg Yield
4.4%

Renovation Potential

Medium Refurb
Est. Renovation Cost
£15,000 - £30,000
Target Value
£267,386
10% above area average per sq ft
Potential ROI
-15.1%
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

Gainsborough Road, Knighton, 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
£1,028
Based on a loan of £213,750 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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