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Kemp Road, Leicester

East Midlands

£200,000
Listed on 19/03/2026

Property Details

Bedrooms
3
Type
Semi Detached
Area
549 sqft

Description

This well-located semi-detached family home is being offered with no upward chain, making it an appealing option for families and first-time buyers looking to make their mark. Situated in a neighborhood boasting reputable schools and local amenities, along with convenient access to Leicester city centre, this property presents significant potential for enhancements and modernization.<br><br>Upon entry, you are greeted by a spacious hallway leading to a light-filled living room at the front of the house, characterized by a large window that invites plenty of natural light. The rear of the property features an expansive open-plan kitchen diner that spans the entire width, creating ample space for daily living as well as gatherings. This area conveniently connects to a separate utility room with direct access to the substantial garden, which benefits from sunny exposure and offers great opportunities for outdoor improvements or extensions (subject to planning permission). Additionally, there is a handy downstairs W/C for practicality.<br><br>On the first floor, you'll find three well-sized bedrooms, including a principal bedroom with built-in storage solutions. These rooms are serviced by a modern family bathroom suite that is finished to contemporary standards. Outside, the front garden requires minimal upkeep but holds potential for off-road parking once permissions are obtained.<br><br>This property's layout and location provide an excellent canvas for someone looking to renovate or update while adding value over time. Early viewing is advisable to fully appreciate its potential.

Investment Analysis

(LE3 area)

Above Market Value

This property is priced +44.3% above area average per sq ft

+44.3%
This Property
£364/sq ft
Area Average
£252/sq ft
Avg Rent (weekly)
£259
Avg Yield
5.3%

Renovation Potential

Medium Refurb
Est. Renovation Cost
£20,000 - £35,000
Target Value
£152,455
10% above area average per sq ft
Potential ROI
-35.1%
After renovation
Note: Renovation cost estimates are AI-generated based on property location and general characteristics, and may not reflect actual costs.
Monthly Sales
74
Average per month
Market Turnover
35%
Properties sold annually

Local Market Trend (LE3)

Area prices are stable by -0.5% over the last 12 months
3 year growth: +0.3%
5 year growth: +21.8%
Investment Disclaimer: Analysis based on LE3 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

Kemp 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
£721
Based on a loan of £150,000 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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