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Knighton Road, Leicester

East Midlands

£280,000
Listed on 10/04/2026

Property Details

Bedrooms
3
Type
Detached
Area
1249 sqft

Description

This spacious property offers a unique opportunity for buyers looking to invest in a home that combines both character and potential. Nestled in the leafy suburb of Knighton, Leicester, this residence features three well-proportioned bedrooms and ample living space across two large reception rooms, making it ideal for family life. The interiors showcase charming original elements, including stained glass windows that enhance its traditional appeal. While the kitchen and bathroom have been recently modernized to a high standard, there are areas within the home that could benefit from an update to align with contemporary tastes. The substantial plot provides not only a front garden but also a generous rear garden, presenting excellent opportunities for landscaping or potential extensions (subject to planning permissions). This house is situated within a family-friendly neighbourhood with close proximity to several reputable schools and local amenities, offering both convenience and community spirit. The surrounding area boasts multiple parks, leisure facilities, and easy access to transport links, ensuring practical commuting options. With nearby shopping areas like Queens Road and Clarendon Park adding to the lifestyle appeal, this property stands as a canvas for those wishing to create their dream home while benefiting from future value appreciation in this desirable location.

Investment Analysis

(LE2 area)

Below Market Value

This property is priced -20.1% below area average per sq ft

-20.1%
Potential saving
This Property
£224/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
£385,379
10% above area average per sq ft
Potential ROI
+16.8%
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

Knighton Road, Leicester
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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
£992
Based on a loan of £210,000 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.

Stamp Duty Calculator

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