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Cairnsford Road, West Knighton, Leicester, LE2 - Image 12

Cairnsford Road, West Knighton, Leicester, LE2

East Midlands

£250,000
Listed on 16/04/2026

Property Details

Bedrooms
3
Type
Semi Detached
Area
1117 sqft

Description

This three-bedroom semi-detached house in West Knighton presents an excellent investment opportunity with considerable potential for renovation and reconfiguration. The property features spacious interiors across two levels, adhering to a traditional layout that could be easily adapted to accommodate modern open-plan living, subject to the appropriate permissions. On the ground floor, you will find a bay-fronted living room, a separate dining area, and a kitchen, in addition to an entrance hall and convenient storage spaces. This setup offers a solid foundation to transform the home into a contemporary space that meets today’s lifestyle needs. Upstairs, the property includes three generously sized bedrooms and a family bathroom, which can be reimagined for growing families or individuals requiring customized layouts. This existing arrangement provides ample scope for enhancements that improve both aesthetics and efficiency. Externally, enjoy off-road parking courtesy of the driveway leading to a detached garage. The rear garden stands out with its expansive size and established borders, presenting numerous possibilities for landscaping and revitalization—from creating an inviting patio area to developing a child-friendly garden or even constructing a garden office or extension (pending necessary permits). Overall, this garden serves as an excellent blank canvas ready for your design vision. With such generous proportions throughout the interior and exterior spaces, this property is poised for significant enhancement that can elevate its overall appeal.

Investment Analysis

(LE2 area)

Below Market Value

This property is priced -20.2% below area average per sq ft

-20.2%
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
£25,000 - £40,000
Target Value
£344,650
10% above area average per sq ft
Potential ROI
+18.8%
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

Cairnsford Road, West Knighton, Leicester, 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
£885
Based on a loan of £187,500 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.

Stamp Duty Calculator

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