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Lancashire Street, Belgrave, Leicester

East Midlands

£289,950
Listed on 10/03/2026

Property Details

Bedrooms
3
Type
Terraced house

Description

This spacious terraced home in the sought-after Belgrave area of Leicester presents an excellent opportunity for renovation and investment. With three bedrooms, potentially four, the property boasts a versatile layout that can easily cater to modern family needs. It includes two reception rooms, providing ample living space, as well as a sizable kitchen and utility area that can be updated to enhance functionality. The home's generous rear garden offers exciting possibilities for extension or landscaping, subject to the necessary planning permissions, making it an attractive proposition for those looking to add value. The principal bedroom's substantial size could allow for conversion into two separate rooms, creating additional rental income potential or accommodating larger families. Currently in a liveable condition, the property will benefit from refurbishment to elevate its appeal and functionality further. This is an ideal project for investors or families eager to put their personal touch on a property with solid bones and great potential.

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

Lancashire Street, Belgrave, 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
£1,046
Based on a loan of £217,462 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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