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Netherhall Road, Leicester, Leicestershire

East Midlands

£220,000
Listed on 05/03/2026

Property Details

Bedrooms
3
Type
Semi-detached house
Area
893 sqft

Description

Nestled on the desirable Netherhall Road in the sought-after LE5 area of Leicester, this three-bedroom residence offers a unique chance for buyers to customize their living space within a well-established neighborhood. With no upward chain, it is particularly appealing to first-time buyers, investors, or those looking for an uncomplicated purchase. While the property is in need of enhancements throughout, the required work is manageable and presents an inviting opportunity to modernize and increase its market value through relatively simple updates. Upon entering, you are greeted by a welcoming hallway that leads into a generously sized main reception room to your left, filled with natural light — an ideal setting for relaxation. The spacious kitchen diner at the rear serves as a perfect venue for family gatherings and entertaining, providing direct access to the garden area, which enhances indoor-outdoor living during warmer seasons. On the upper level, you'll find three bedrooms: two substantial doubles and a single bedroom that could serve as a child's room, home office, or guest accommodation. This floor is rounded off by a family bathroom. Situated within the vibrant LE5 postcode, the property enjoys proximity to excellent local amenities, reputable schools, and convenient transport links to Leicester city centre. With robust rental demand in this locale and clear potential for enhancement and value addition, this dwelling stands out as an exceptional investment prospect or an excellent canvas for creating a lovely family home. Early viewing is advised to fully appreciate its renovation possibilities.

Investment Analysis

(LE5 area)

Below Market Value

This property is priced -12.7% below area average per sq ft

-12.7%
Potential saving
This Property
£246/sq ft
Area Average
£282/sq ft
Avg Rent (weekly)
£236
Avg Yield
4.0%

Renovation Potential

Medium Refurb
Est. Renovation Cost
£15,000 - £25,000
Target Value
£277,254
10% above area average per sq ft
Potential ROI
+13.2%
After renovation
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

Netherhall Road, Leicester, Leicestershire
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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
£793
Based on a loan of £165,000 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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