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Drumcliff Road, LEICESTER, Leicestershire, LE5 - Image 1
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Drumcliff Road, LEICESTER, Leicestershire, LE5

East Midlands

£190,000
Listed on 07/04/2026

Property Details

Bedrooms
3
Type
Not Specified
Area
958 sqft

Description

This three-bedroom mid-terrace townhouse presents a significant opportunity for renovation and value enhancement. Spanning two levels, the layout includes a generous lounge/diner that can be adapted to meet modern living requirements, along with a separate kitchen awaiting updates. The first floor hosts three decently sized bedrooms and a family bathroom, all in need of refurbishment to unlock their full potential. With extensive modernisation required throughout, this property is well-suited for investors or first-time buyers eager to customise their living space. Nestled within a residential area, this home invites creative transformation into a stylish abode.

Investment Analysis

(LE5 area)

Below Market Value

This property is priced -30.1% below area average per sq ft

-30.1%
Potential saving
This Property
£198/sq ft
Area Average
£284/sq ft
Avg Rent (weekly)
£241
Avg Yield
4.1%

Renovation Potential

Heavy Refurb
Est. Renovation Cost
£25,000 - £40,000
Target Value
£298,963
10% above area average per sq ft
Potential ROI
+30.0%
After renovation
Note: Renovation cost estimates are AI-generated based on property location and general characteristics, and may not reflect actual costs.
Monthly Sales
40
Average per month
Market Turnover
15%
Properties sold annually

Local Market Trend (LE5)

Area prices are stable by -0.5% over the last 12 months
3 year growth: +4.1%
5 year growth: +16.1%
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

Drumcliff Road, LEICESTER, Leicestershire, LE5
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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
£673
Based on a loan of £142,500 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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