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Lyncote Road, Leicester, Leicestershire, LE3

East Midlands

£260,000

Listed on 21/10/2025

Property Details

Bedrooms
3
Type
Semi Detached

Description

Located in the lively Rowley Fields area, this three-bedroom home on Lyncote Road presents a unique opportunity for renovation and value enhancement, as it is available on the market for the first time in nearly two decades. The property requires updating, making it a perfect canvas for buyers wishing to infuse their personal touch into the living spaces. Upon entry, you are welcomed by a spacious hallway featuring a handy ground floor WC. To the right, there are two sizable reception rooms; the front room, currently utilized as a dining area, is filled with natural light, while the rear lounge exudes warmth with its feature fireplace and pleasant garden views. The kitchen, although functional with adequate storage and appliance space, holds significant potential for redesign and modernisation. Upstairs, you will find three generously sized bedrooms. Two of these can easily accommodate double beds alongside additional furniture; the third room is ideal for a single bed or could serve as a productive home office. The family bathroom is equipped with both a bath and separate shower cubicle. Outside, the private rear garden brims with greenery and includes an outdoor cooking space along with external storage solutions. Off-road parking for two vehicles is available on a resurfaced driveway that comes with a drop kerb. Other advantages include cavity wall insulation and proximity to excellent transport links such as Fosse Park and access to the M1 motorway. This spacious property is situated in a sought-after location with immense potential for renovation — an ideal opportunity for those looking to create their dream home.

Investment Analysis

(LE3 area)
Area Average
£255/sq ft
Avg Rent (weekly)
£248
Avg Yield
5.0%

Renovation Potential

Medium Refurb
Est. Renovation Cost
£20,000 - £40,000
Note: Renovation cost estimates are AI-generated based on property location and general characteristics, and may not reflect actual costs.
Monthly Sales
81
Average per month
Market Turnover
15%
Properties sold annually

Local Market Trend (LE3)

Area prices are stable by -1.7% over the last 12 months
3 year growth: -0.9%
5 year growth: +17.7%
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

Lyncote Road, Leicester, Leicestershire, LE3
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Mortgage Calculator

£
£
£
%
%
years

Current average 2-year fixed rate is 3.97%

Current average variable rate is 6.59%

Monthly Repayments
£928
Based on a loan of £195,000 over 30 years at 3.97% 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.

Stamp Duty Calculator

Price History

-7.1% since listed
£260,000£10,000(-3.7%)
21/04/2026
Current price
£270,000£10,000(-3.6%)
24/03/2026
£280,000Initial listing
02/03/2026

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