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Woodland Drive, Leicester, LE3

East Midlands

£240,000
Listed on 14/02/2026

Property Details

Bedrooms
3
Type
Semi-detached house
Area
786 sqft

Description

This three-bedroom semi-detached home, located in a well-regarded residential area, presents an excellent opportunity for renovation and investment. The property is ideally positioned with convenient access to major roadways, reputable schools, and a variety of local amenities, including the nearby Fosse Park shopping centre. With its spacious layout, this house offers a comfortable living space while also providing a canvas for future enhancements. The accommodation features gas central heating and cavity wall insulation for added efficiency. Inside, you will find a welcoming entrance hall leading to a bright living room adorned with a bay window. The full-width kitchen diner boasts generous built-in storage, making it suitable for family gatherings. On the upper floor, there are three well-proportioned bedrooms along with a family bathroom and a separate WC. Externally, the property benefits from off-road parking at the front alongside a garage. The rear garden is notably larger than those typically associated with similar properties and includes useful outbuildings offering additional potential for development or extension (subject to planning permissions). This home not only serves as an ideal base for families but also holds significant potential for investors seeking to maximize their returns through refurbishment or expansion.

Investment Analysis

(LE3 area)

Above Market Value

This property is priced +20.9% above area average per sq ft

+20.9%
This Property
£305/sq ft
Area Average
£253/sq ft
Avg Rent (weekly)
£252
Avg Yield
5.2%

Renovation Potential

Medium Refurb
Est. Renovation Cost
£25,000 - £40,000
Target Value
£218,441
10% above area average per sq ft
Potential ROI
-22.0%
After renovation
Note: Renovation cost estimates are AI-generated based on property location and general characteristics, and may not reflect actual costs.
Monthly Sales
70
Average per month
Market Turnover
36%
Properties sold annually

Local Market Trend (LE3)

Area prices are stable by +0.1% over the last 12 months
3 year growth: +1.3%
5 year growth: +23.6%
Investment Disclaimer: Analysis based on LE3 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

Woodland Drive, Leicester, LE3
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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
£866
Based on a loan of £180,000 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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