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Lancashire Street, Belgrave, Leicester

East Midlands

£289,950

Listed on 10/03/2026

Property Details

Bedrooms
3
Type
Terraced

Description

This spacious terraced home on Lancashire Street presents a unique opportunity for potential investors or buyers looking to customize their living space. With three bedrooms, and the possibility of converting the expansive principal bedroom into two separate rooms, this property provides versatility in its layout. The ground floor features an impressive entrance hall leading to multiple reception areas, including a lounge with double doors that open onto a generous rear garden. This outdoor space not only enhances family enjoyment but also offers potential for extension subject to planning permissions. The kitchen and utility area are functional, although there is room for modernization, offering the new owner a chance to add personal touches and improve efficiency. Given the absence of an onward chain, this property stands ready for those seeking a project with significant renovation potential while being livable in its current state.

Investment Analysis

(LE4 area)
Area Average
£289/sq ft
Avg Rent (weekly)
£255
Avg Yield
4.6%

Renovation Potential

Medium Refurb
Est. Renovation Cost
£30,000 - £50,000
Note: Renovation cost estimates are AI-generated based on property location and general characteristics, and may not reflect actual costs.
Monthly Sales
68
Average per month
Market Turnover
19%
Properties sold annually

Local Market Trend (LE4)

Area prices are stable by +1.4% over the last 12 months
3 year growth: +3.2%
5 year growth: +22.3%
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

£
£
£
%
%
years

Current average 2-year fixed rate is 3.97%

Current average variable rate is 6.59%

Monthly Repayments
£1,034
Based on a loan of £217,462 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.

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