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Carisbrooke Road, Leicester

East Midlands

£475,000
Listed on 11/03/2026

Property Details

Bedrooms
5
Type
Semi-detached house
Area
1772 sqft

Description

This extended character home presents a valuable opportunity for those looking to invest in a spacious property with the potential for customization. While the home is currently in need of modernisation, its layout offers considerable versatility, allowing future owners to refresh, reconfigure, or expand as desired. Upon entering, you are greeted by a bright hallway that leads to both a sizeable lounge-dining area, perfect for social gatherings, and a functional kitchen-diner that benefits from views overlooking the rear garden. The lounge features bay windows and double-glazed doors that provide seamless access to an outdoor patio—ideal for al fresco dining during warm months. The first floor accommodates four generous double bedrooms alongside a well-proportioned single bedroom, creating ample space for family living or guest accommodation. These rooms are serviced by a family bathroom equipped with a shower over the bath. Outside, the expansive rear garden boasts established plants and fruit trees, catering to gardening enthusiasts or offering space for further landscaping. A block-paved driveway leads to the garage and utility area, enhancing convenience and storage options. Equipped with gas central heating and double glazing, this property is not only suitable for families but also appeals to professionals seeking room to grow within a desirable community. With no upward chain, this residence stands as an excellent canvas for renovation in the heart of Wigston.

Investment Analysis

(LE2 area)

Below Market Value

This property is priced -4.5% below area average per sq ft

-4.5%
Potential saving
This Property
£268/sq ft
Area Average
£281/sq ft
Avg Rent (weekly)
£247
Avg Yield
4.3%

Renovation Potential

Medium Refurb
Est. Renovation Cost
£25,000 - £50,000
Target Value
£547,238
10% above area average per sq ft
Potential ROI
+4.2%
After renovation
Note: Renovation cost estimates are AI-generated based on property location and general characteristics, and may not reflect actual costs.
Monthly Sales
70
Average per month
Market Turnover
28%
Properties sold annually

Local Market Trend (LE2)

Area prices are stable by -1.6% over the last 12 months
3 year growth: -0.4%
5 year growth: +13.6%
Investment Disclaimer: Analysis based on LE2 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

Carisbrooke Road, 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
£1,713
Based on a loan of £356,250 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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