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Swannington Road, LEICESTER

East Midlands

£145,000
Listed on 20/02/2026

Property Details

Bedrooms
3
Type
Semi-detached house
Area
730 sqft

Description

This three-bedroom semi-detached property in a desirable LE3 district presents an appealing opportunity for renovation and value enhancement. The home's flexible layout includes a reception area that can cater to various modern living needs, along with a functional kitchen that offers the potential for reconfiguration or extension (subject to planning approval) to create a more open and contemporary living space. Upstairs, the three generous bedrooms provide ample accommodation, suitable for families or those seeking additional room for work or guests. The existing bathroom, while practical, is ready for a fresh upgrade to meet contemporary standards.<br><br>The outdoor space features a private rear garden that serves as a blank canvas for personal landscaping or outdoor entertaining options. This property is situated in a friendly community with convenient access to local amenities including schools, parks, and transport links into Leicester city centre. With its solid foundations and versatile spaces, this home is ripe for transformation and offers long-term investment potential.

Investment Analysis

(LE3 area)

Below Market Value

This property is priced -21.4% below area average per sq ft

-21.4%
Potential saving
This Property
£199/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
£202,878
10% above area average per sq ft
Potential ROI
+9.7%
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

Swannington Road, LEICESTER
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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
£523
Based on a loan of £108,750 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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