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Chestnut Avenue, Leicester, Leicestershire, LE5 - Image 1
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Chestnut Avenue, Leicester, Leicestershire, LE5

East Midlands

£290,000
Listed on 13/03/2026

Property Details

Bedrooms
3
Type
Semi-detached house
Area
986 sqft

Description

This semi-detached three-bedroom house is situated in a desirable neighborhood of Leicester, where it offers convenient access to local services, reputable schools, and green areas. The property has significant renovation potential, making it an appealing option for first-time buyers, families, and investors alike. On the ground floor, you will find two reception spaces: a welcoming front lounge featuring a bay window that brings in natural light and a rear dining room with patio doors leading to the garden, allowing for seamless indoor-outdoor living. The kitchen includes essential wall and base units along with plumbing for a washing machine and space for a gas cooker; however, modern updates could enhance its functionality further. Upstairs are two spacious double bedrooms—one of which also boasts a bay window—and a single bedroom. The family bathroom consists of essential amenities including a bath with overhead shower, WC, and hand basin. Importantly, there is scope to extend the property (subject to necessary planning permissions), providing an opportunity to increase living space and potentially add value. Externally, the home benefits from off-street parking courtesy of the driveway, as well as a car port and garage equipped with power and lighting. The expansive rear garden features both patio space and lawn areas suitable for outdoor activities or gardening projects. With nearby amenities such as shops and cafes along local high streets, plus easy access to public transport connecting to Leicester city center and other major cities like London and Birmingham within an hour’s journey, this property represents not only a home but also an investment with considerable upside potential.

Investment Analysis

(LE5 area)

Above Market Value

This property is priced +4.2% above area average per sq ft

+4.2%
This Property
£294/sq ft
Area Average
£282/sq ft
Avg Rent (weekly)
£236
Avg Yield
4.0%

Renovation Potential

Medium Refurb
Est. Renovation Cost
£15,000 - £30,000
Target Value
£306,128
10% above area average per sq ft
Potential ROI
-4.3%
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

Chestnut Avenue, Leicester, Leicestershire, LE5
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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
£1,046
Based on a loan of £217,500 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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