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88 Bonchurch Street, Leicester, LE3 5EE - Image 1
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88 Bonchurch Street, Leicester, LE3 5EE

East Midlands

£130,000
Listed on 27/03/2026

Property Details

Bedrooms
2
Type
Terraced
Area
873 sqft

Description

This mid-terrace property, featuring two bedrooms, is situated in a desirable area just off Fosse Road North, near the local amenities and parks. The home benefits from gas central heating and double glazing, offering a solid foundation for a renovation project. The ground floor consists of two reception rooms alongside a kitchen, while the first floor includes two bedrooms and a bathroom. Outside, you will find a front walled garden and a rear patio garden – ideal for enhancement or landscaping. This property presents an excellent opportunity for modernisation, making it suitable for investors looking to add value or create their ideal living space.

Investment Analysis

(LE3 area)

Below Market Value

This property is priced -41.0% below area average per sq ft

-41.0%
Potential saving
This Property
£149/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
£242,428
10% above area average per sq ft
Potential ROI
+46.9%
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

88 Bonchurch Street, Leicester, LE3 5EE
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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
£469
Based on a loan of £97,500 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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