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18-20 Leicester Road, Leicester, LE8 4GQ - Image 1
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18-20 Leicester Road, Leicester, LE8 4GQ

East Midlands

£900,000
Listed on 03/03/2026

Property Details

Bedrooms
4
Type
Detached house

Description

This property presents a unique investment opportunity in Blaby, combining two former semi-detached houses into a single expansive residence. The layout features three reception rooms and three bedrooms, all finished to a modern standard with appealing design elements such as a striking spiral staircase and a cinema/games room. The inclusion of a contemporary kitchen and well-appointed outdoor spaces further enhances its allure for family living or entertaining. Additionally, the attached showroom and workshop fronting Leicester Road offers significant potential for various business uses or conversion back to residential units, pending planning approval. This commercial space includes first-floor offices that could be transformed into an apartment, making this property flexible for both lifestyle and income generation. The garden is designed for practicality and leisure with areas well-suited for family gatherings or outdoor dining. Investors should consider the favourable positioning of this property for possible redevelopment, creating additional living spaces or tailoring it to different commercial ventures. Whether seeking to occupy as a whole or explore separate sale options for residential and commercial aspects, this is an unparalleled chance in today's market.

Investment Analysis

(LE8 area)
Area Average
£302/sq ft
Avg Rent (weekly)
£272
Avg Yield
4.0%

Renovation Potential

Medium Refurb
Est. Renovation Cost
£60,000 - £100,000
Note: Renovation cost estimates are AI-generated based on property location and general characteristics, and may not reflect actual costs.
Monthly Sales
45
Average per month
Market Turnover
39%
Properties sold annually

Local Market Trend (LE8)

Area prices are rising by +2.7% over the last 12 months
3 year growth: +1.7%
5 year growth: +10.4%
Investment Disclaimer: Analysis based on LE8 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

18-20 Leicester Road, Leicester, LE8 4GQ
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Mortgage Calculator

£
£
£
%
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years

Current average 2-year fixed rate is 4.06%

Current average variable rate is 6.81%

Monthly Repayments
£3,246
Based on a loan of £675,000 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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