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Lonsdale Road, Leicester, Leicestershire, LE4 - Image 1
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Lonsdale Road, Leicester, Leicestershire, LE4

East Midlands

£340,000
Listed on 12/02/2026

Property Details

Bedrooms
2
Type
Detached house
Area
889 sqft

Description

This two-bedroom bungalow offers a remarkable opportunity for renovation and investment, situated on a large plot in the desirable Lonstel Road area of Leicester. The property features a spacious layout with a generous living room that invites both relaxation and social gatherings. The separate kitchen is well-equipped for daily use, providing ample storage and workspace. Both bedrooms are sizable, accommodating family needs or serving as guest rooms or home offices. A sunroom enhances the living space, granting lovely views of the garden throughout the seasons. The expansive outdoor space is particularly noteworthy, featuring a substantial garden that caters to gardening enthusiasts and those seeking private outdoor enjoyment. A private garage adds convenience for parking and additional storage needs. Notably, this property comes with approved planning permission for an extension that would allow for two more bedrooms, transforming it into a spacious four-bedroom bungalow—an attractive enhancement for families aiming to maximize their living space or investors looking to increase property value. Conveniently located in the LE4 area of Leicester, the site benefits from nearby amenities, reputable educational institutions, and excellent transport options connecting to the city center and beyond. This bungalow not only offers immediate comfort but also exceptional potential for future development, making it an enticing prospect for both homeowners and investors alike.

Investment Analysis

(LE4 area)

Above Market Value

This property is priced +32.0% above area average per sq ft

+32.0%
This Property
£382/sq ft
Area Average
£290/sq ft
Avg Rent (weekly)
£248
Avg Yield
4.5%

Renovation Potential

Medium Refurb
Est. Renovation Cost
£30,000 - £60,000
Target Value
£283,249
10% above area average per sq ft
Potential ROI
-29.2%
After renovation
Note: Renovation cost estimates are AI-generated based on property location and general characteristics, and may not reflect actual costs.
Monthly Sales
59
Average per month
Market Turnover
46%
Properties sold annually

Local Market Trend (LE4)

Area prices are stable by +2.0% over the last 12 months
3 year growth: 5.2%
5 year growth: 26.7%
Investment Disclaimer: Analysis based on LE4 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

Lonsdale Road, Leicester, Leicestershire, LE4
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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
£1,226
Based on a loan of £255,000 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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