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St. Michaels Avenue, Belgrave, Leicester - Image 1
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St. Michaels Avenue, Belgrave, Leicester

East Midlands

£285,000
Listed on 05/03/2026

Property Details

Bedrooms
3
Type
Terraced house

Description

This three-bedroom mid-terrace property presents a compelling opportunity for those seeking a home with renovation potential or investment prospects. While the house has recently undergone refurbishment, there remains ample room for future enhancement, particularly with potential extensions to the rear, subject to planning consent. The front of the home features a hardscaped garden enclosed by a brick wall, while the private rear garden boasts a patio area, two storage sheds, an outdoor WC, and a lawn, all bordered by solid brick walls that provide privacy and further development opportunities. Internally, the ground floor boasts a welcoming lounge with a bay window that allows natural light to flow in, alongside a spacious sitting room and a well-equipped kitchen that leads directly to the rear garden. Ascending to the first floor reveals three generously sized bedrooms complemented by a modern shower room. Located in Belgrave, just north of Leicester city centre, this neighbourhood is known for its vibrant community and proximity to local amenities and schooling options. With strong transport links into Leicester city centre, this property could be an ideal fit for first-time buyers or investors looking to make their mark in an active market.

Investment Analysis

(LE4 area)
Area Average
£291/sq ft
Avg Rent (weekly)
£247
Avg Yield
4.6%

Renovation Potential

Medium Refurb
Est. Renovation Cost
£25,000 - £40,000
Note: Renovation cost estimates are AI-generated based on property location and general characteristics, and may not reflect actual costs.
Monthly Sales
60
Average per month
Market Turnover
43%
Properties sold annually

Local Market Trend (LE4)

Area prices are rising by +2.8% over the last 12 months
3 year growth: +5.3%
5 year growth: +26.4%
Investment Disclaimer: Analysis based on LE4 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

St. Michaels Avenue, Belgrave, 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
£1,028
Based on a loan of £213,750 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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