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Compass Road, Leicester

East Midlands

£330,000
Listed on 20/02/2026

Property Details

Bedrooms
3
Type
Detached house
Area
1039 sqft

Description

This three-bedroom detached home offers a solid foundation for renovation and investment opportunities in a desirable East Midlands neighborhood. The property, which is available without upward chain, features a welcoming entrance hall with practical under-stair storage and a convenient downstairs W.C. The spacious living room at the front benefits from a bay window that floods the space with natural light, while the dining room at the rear provides an excellent area for gatherings, with direct access to the private garden. The kitchen, featuring an array of wall and base units, presents ample storage options, yet may benefit from modern upgrades to enhance functionality.<br><br>On the first floor, you'll find three generously sized bedrooms, including a main bedroom with fitted wardrobes that can be refurbished to maximize space. The contemporary bathroom suite adds convenience but could also be updated to align with current trends.<br><br>The exterior includes a private garden with a paved patio area ideal for outdoor activities and off-road parking accompanied by garage access. This property holds significant potential for those looking to make personalized improvements or capitalize on market opportunities in this sought-after location. Viewing is strongly encouraged to appreciate the true value this home offers.

Investment Analysis

(LE5 area)

Above Market Value

This property is priced +12.4% above area average per sq ft

+12.4%
This Property
£318/sq ft
Area Average
£283/sq ft
Avg Rent (weekly)
£252
Avg Yield
4.4%

Renovation Potential

Medium Refurb
Est. Renovation Cost
£25,000 - £40,000
Target Value
£322,984
10% above area average per sq ft
Potential ROI
-12.7%
After renovation
Note: Renovation cost estimates are AI-generated based on property location and general characteristics, and may not reflect actual costs.
Monthly Sales
44
Average per month
Market Turnover
38%
Properties sold annually

Local Market Trend (LE5)

Area prices are rising by +3.0% over the last 12 months
3 year growth: +8.4%
5 year growth: +22.6%
Investment Disclaimer: Analysis based on LE5 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

Compass 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
£1,190
Based on a loan of £247,500 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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