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South Knighton Road, South Knighton

East Midlands

£595,000
Listed on 09/04/2026

Property Details

Bedrooms
3
Type
Semi Detached
Area
1504 sqft

Description

This well-appointed three-bedroom semi-detached home, nestled in the desirable suburb of South Knighton, presents an exciting opportunity for those interested in property renovation and investment. Originally built in the 1930s, this residence combines elements of period charm with contemporary conveniences, making it a unique canvas for further improvement. The home has undergone various upgrades, though some areas could benefit from additional attention to enhance functionality and style. The property is set back from the road and features a charming bay-fronted exterior along with a block-paved driveway accommodating two vehicles. Inside, a spacious entrance hall leads you through to a bright main reception room that showcases hardwood flooring and a traditional fireplace, lending itself well to renovation or reconfiguration. At the rear, an open plan living area has been created by an extension, featuring bi-folding doors that open out onto the garden—ideal for a modern family lifestyle. While this space currently offers ample room for entertaining and casual dining, potential exists to refine its layout or update fixtures for increased appeal. The kitchen is fitted with bespoke units and high-quality appliances; however, there may be options to enhance its design further. Upstairs are three generously sized double bedrooms accompanied by a spacious landing; the loft area above presents an opportunity for conversion into a fourth bedroom if one seeks additional living space (subject to planning permission). The modern family bathroom features stylish fittings but may still hold potential for further customization. The rear garden stands out with its generous proportions—an ideal setting ripe for landscaping or expansion should one choose to extend further. With side access linking both front and rear yards, this home encourages outdoor engagement and easy usability. Offered with no upward chain, this property is primed for interested buyers looking to invest in an area known for its good schools and amenities while also being conveniently located near Leicester railway station with quick connections to London. This enticing mix of charm and potential awaits your creative vision.

Investment Analysis

(LE2 area)

Above Market Value

This property is priced +41.0% above area average per sq ft

+41.0%
This Property
£396/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
£464,059
10% above area average per sq ft
Potential ROI
-28.1%
After renovation
Note: Renovation cost estimates are AI-generated based on property location and general characteristics, and may not reflect actual costs.
Monthly Sales
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

South Knighton Road, South Knighton
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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
£2,107
Based on a loan of £446,250 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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