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Lynmouth Road, Leicester

East Midlands

£315,000
Listed on 03/03/2026

Property Details

Bedrooms
3
Type
Semi-detached house

Description

Nestled on the desirable Lynmouth Road, near Scraptoft Lane in Leicester's thriving LE5 area, this well-kept three-bedroom semi-detached house presents an excellent opportunity for both comfortable living and future enhancements. Having been in the current owner's possession for around three decades, the property stands ready for its next chapter and offers remarkable scope for development, including potential extensions to the side and rear (pending planning consent), while still preserving a generous garden space. Upon entry, you are greeted by a welcoming porch that opens into a bright living room, perfect for relaxation. The ground floor also boasts a contemporary open-plan kitchen/diner equipped with soft-close cabinetry and integrated appliances, designed for family gatherings while overlooking the expansive rear garden. Charming original features such as bay windows, ornate coving, and stained-glass accents infuse character throughout the home. Upstairs, there are three well-proportioned bedrooms: two spacious doubles with ample space for storage and a versatile third bedroom suitable for guests or as a home office. The family bathroom is functional and includes essential amenities. The substantial rear garden offers an ideal setting for outdoor activities or entertaining guests, with significant potential for further landscaping or extensions. A detached garage provides additional storage options or could be converted into a functional space such as a gym or workspace. Additionally, the property features off-road parking suitable for two vehicles and is conveniently located close to local amenities, schools, and public transport routes. This residence combines immediate livability with exciting renovation possibilities in a friendly community setting.

Investment Analysis

(LE5 area)
Area Average
£282/sq ft
Avg Rent (weekly)
£236
Avg Yield
4.0%

Renovation Potential

Medium Refurb
Est. Renovation Cost
£30,000 - £60,000
Note: Renovation cost estimates are AI-generated based on property location and general characteristics, and may not reflect actual costs.
Monthly Sales
41
Average per month
Market Turnover
37%
Properties sold annually

Local Market Trend (LE5)

Area prices are stable by +1.7% over the last 12 months
3 year growth: +5.9%
5 year growth: +19.2%
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

Lynmouth Road, Leicester
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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
£1,136
Based on a loan of £236,250 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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