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Saffron Lane, Leicester

East Midlands

£230,000
Listed on 23/02/2026

Property Details

Bedrooms
3
Type
Semi-detached house

Description

This three-bedroom semi-detached home presents an excellent investment opportunity, set on a spacious lot on Saffron Lane. The property is being sold with no chain, making it a suitable choice for families and first-time buyers seeking a residence with expansion potential, subject to local planning approval. The entrance hallway welcomes you while leading to a generous living/dining area, illuminated by a bay window that enhances the inviting atmosphere. The kitchen boasts a mix of wall and base units along with plumbing for essential appliances, offering functional space that could benefit from modern updates. Flowing from the living area is a bright conservatory that opens directly into the rear garden, providing seamless indoor-outdoor living. Upstairs, the property features three bedrooms; two are equipped with built-in storage solutions. A practical shower room completes the first floor with its walk-in shower and essential fixtures. The exterior includes an enclosed garden at the back, featuring lawn and patio areas, alongside a greenhouse for gardening enthusiasts. The front of the property provides off-road parking via a single driveway, which also presents opportunities for extension in line with planning permissions. This home's overall size and potential make early viewing advisable to fully appreciate what’s on offer.

Investment Analysis

(LE2 area)
Area Average
£279/sq ft
Avg Rent (weekly)
£252
Avg Yield
4.4%

Renovation Potential

Medium Refurb
Est. Renovation Cost
£15,000 - £25,000
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

Saffron Lane, 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
£830
Based on a loan of £172,500 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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