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Blankley Drive, Stoneygate, LE2

East Midlands

£350,000
Listed on 02/04/2026

Property Details

Bedrooms
3
Type
Semi Detached
Area
1119 sqft

Description

Nestled at the end of a tranquil cul-de-sac in Stoneygate, this three-bedroom semi-detached residence presents a first-time opportunity on the market in over forty years. Characterized by its traditional red-brick exterior and distinctive bay windows, this home is ripe for modernization while still maintaining its unique charm. With abundant natural light flowing through spacious interiors, this property is an ideal project for those looking to create a contemporary living environment. The house features a well-thought-out layout starting with a front porch leading to two versatile reception rooms, linked by elegant oak-framed glazed doors. The front room, illuminated by its bay window and adorned with bespoke shutter blinds, offers a cozy atmosphere. The second reception connects seamlessly to the breakfast kitchen and rear conservatory, allowing for the potential of an open-plan design that could enhance the flow of space. Upstairs, you will find three bedrooms including two substantial doubles with built-in wardrobes, alongside a cleverly modified third bedroom suitable for guests or as a home office. A modernized three-piece shower room adds practicality without detracting from the home’s period aesthetics. The private rear garden serves as an inviting sanctuary filled with mature trees and shrubs, creating several potential zones for landscaping or outdoor extension projects. Off-road parking is available for one vehicle at the front of the property. This residence is situated in the highly regarded Stoneygate suburb of Leicester, known for its leafy streets and strong community feel. It offers easy accessibility to local amenities while providing a quiet retreat from urban life. This property stands out as an exciting prospect for investors or homeowners wanting to harness its full potential while enjoying the benefits of character-rich living.

Investment Analysis

(LE2 area)

Above Market Value

This property is priced +11.5% above area average per sq ft

+11.5%
This Property
£313/sq ft
Area Average
£281/sq ft
Avg Rent (weekly)
£238
Avg Yield
4.1%

Renovation Potential

Medium Refurb
Est. Renovation Cost
£30,000 - £50,000
Target Value
£345,267
10% above area average per sq ft
Potential ROI
-13.7%
After renovation
Note: Renovation cost estimates are AI-generated based on property location and general characteristics, and may not reflect actual costs.
Monthly Sales
75
Average per month
Market Turnover
11%
Properties sold annually

Local Market Trend (LE2)

Area prices are stable by -2.0% over the last 12 months
3 year growth: -0.4%
5 year growth: +10.7%
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

Blankley Drive, Stoneygate, LE2
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Mortgage Calculator

£
£
£
%
%
years

Current average 2-year fixed rate is 3.91%

Current average variable rate is 6.62%

Monthly Repayments
£1,240
Based on a loan of £262,500 over 30 years at 3.91% 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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