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Holmfield Road, Leicester, LE2

East Midlands

£700,000
Listed on 21/04/2026

Property Details

Bedrooms
4
Type
Semi Detached
Area
1997 sqft

Description

This substantial semi-detached property sits on a prominent corner plot, offering around 2,000 sq.ft of living space that is both character-rich and adaptable for modern family needs. Its unique wrap-around gardens and dual aspect layout set it apart from typical offerings in the area. Inside, the home features high ceilings, bay windows, and generous-sized rooms filled with natural light, creating an inviting atmosphere. The property comprises multiple reception rooms providing flexibility in how you choose to live and entertain. While the home has been well-maintained over the years, there are clear opportunities for modernization, allowing prospective buyers to significantly enhance its value by tailoring it to their desired specifications. On the ground floor, you’ll find a welcoming entrance hall leading to spacious lounge areas and a dining room that could easily be reconfigured into an open-plan space (subject to planning). The kitchen is functional with ample storage while the utility room adds practicality. Additionally, a cloakroom completes this level. Upstairs hosts four well-proportioned bedrooms and two bathrooms—each providing convenience for families or guests. The extensive outdoor space includes mature gardens that provide privacy, with strong potential for further extension (subject to planning approval). A detached garage offers additional storage or parking solutions while off-road parking is accessible via a dropped kerb at the rear of the property. This home presents an excellent renovation opportunity in a sought-after location, perfect for those looking to create their dream family residence.

Investment Analysis

(LE2 area)

Above Market Value

This property is priced +25.0% above area average per sq ft

+25.0%
This Property
£351/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
£616,174
10% above area average per sq ft
Potential ROI
-17.8%
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

Holmfield Road, 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
£2,479
Based on a loan of £525,000 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.

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