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Colchester Road, Leicester

East Midlands

£385,000

Listed on 16/03/2026

Property Details

Bedrooms
4
Type
House
Area
1324 sqft

Description

This sizeable four-bedroom semi-detached property in Crown Hills, Leicester, presents an excellent opportunity for personalization and enhancement. With a generous rear garden that provides a low-maintenance outdoor space, this home is ideal for investors or families looking to create their own flourishing environment. The area is well-serviced with schools, parks, and essential amenities while providing easy access to major road networks such as the A47 and M1. Inside, the property features a spacious entrance hall leading to a light-filled lounge with potential for an open-plan layout when combined with the adjoining kitchen/dining room. This expansive kitchen area includes Shaker-style cabinets and ample space for both cooking and dining, making it perfect for social gatherings. A versatile snug can serve as an office or playroom according to your needs. The first floor houses all four well-sized bedrooms, including one with en-suite facilities, along with a family bathroom ready for modernization. With its ample parking at the front and further potential in the garden—complete with an outbuilding—this home certainly holds promise for those willing to invest in improvements.

Investment Analysis

(LE5 area)

Above Market Value

This property is priced +2.4% above area average per sq ft

+2.4%
This Property
£291/sq ft
Area Average
£284/sq ft
Avg Rent (weekly)
£246
Avg Yield
4.2%

Renovation Potential

Medium Refurb
Est. Renovation Cost
£25,000 - £40,000
Target Value
£413,763
10% above area average per sq ft
Potential ROI
-2.6%
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
13%
Properties sold annually

Local Market Trend (LE5)

Area prices are stable by -1.8% over the last 12 months
3 year growth: +3.5%
5 year growth: +13.3%
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

Colchester Road, Leicester
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Mortgage Calculator

£
£
£
%
%
years

Current average 2-year fixed rate is 4.45%

Current average variable rate is 6.60%

Monthly Repayments
£1,454
Based on a loan of £288,750 over 30 years at 4.45% 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.

Stamp Duty Calculator

Price History

-9.4% since listed
£385,000£25,000(-6.1%)
13/06/2026
Current price
£410,000£15,000(-3.5%)
18/04/2026
£425,000Initial listing
17/03/2026

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