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Spendlow Gardens, Eyres Monsell

East Midlands

£190,000
Listed on 14/02/2026

Property Details

Bedrooms
2
Type
Semi-detached house
Area
701 sqft

Description

This two-bedroom end-townhouse is situated in the sought-after locale of Eyres Monsell, Leicester. Notably, it occupies a larger than average wedge-shaped plot, offering substantial potential for expansion or reconfiguration, pending relevant planning permissions. This characteristic makes the property particularly appealing to first-time buyers and investors keen on maximizing value through refurbishment. Inside, the home features a welcoming entrance hall that leads into a spacious lounge/diner bathed in natural light from dual double-glazed windows. The fitted kitchen offers practical workspaces and access to the outdoor area which extends the overall living space. The upstairs landing connects two well-sized bedrooms and a family bathroom equipped with essential fixtures. Outside, the generous plot boasts ample off-road parking and various outdoor spaces including a lawned garden and patio, alongside potential for further enhancements such as additional outbuildings or landscaping. The property is available chain-free, inviting early interest from those seeking renovation opportunities.

Investment Analysis

(LE2 area)

Below Market Value

This property is priced -3.0% below area average per sq ft

-3.0%
Potential saving
This Property
£271/sq ft
Area Average
£279/sq ft
Avg Rent (weekly)
£252
Avg Yield
4.4%

Renovation Potential

Medium Refurb
Est. Renovation Cost
£20,000 - £35,000
Target Value
£215,445
10% above area average per sq ft
Potential ROI
-4.2%
After renovation
Note: Renovation cost estimates are AI-generated based on property location and general characteristics, and may not reflect actual costs.
Monthly Sales
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

Spendlow Gardens, Eyres Monsell
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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
£685
Based on a loan of £142,500 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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