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Scraptoft Lane, Leicester, Leicestershire, LE5

East Midlands

£290,000
Listed on 23/04/2026

Property Details

Bedrooms
2
Type
Semi Detached
Area
842 sqft

Description

This two-bedroom semi-detached house presents an exciting opportunity for renovation and investment in a desirable area of Leicester. Located conveniently near local amenities, parks, and schools, it holds significant potential for first-time buyers and seasoned investors alike. The property features off-street parking suitable for several vehicles. Upon entering, the large lounge offers pleasant garden views through patio doors that enhance the connection to the outdoor space. The open-plan kitchen/diner is flooded with natural light and is equipped with essential fixtures including wall and base units, a gas hob, oven, and plumbing for a washing machine, making it adaptable for modern living. Upstairs are two generously sized double bedrooms alongside a bathroom featuring a bath with shower overhead. A standout feature is the spacious private rear garden which not only provides a tranquil retreat but also presents potential for expansion – subject to obtaining planning permission. Situated on the eastern side of Leicester, this property boasts excellent connectivity to local shops and public transport links to Leicester city centre as well as mainline train services to London St Pancras. Given its prime location and flexible layout, there is ample scope for enhancements that could significantly increase its value over time.

Investment Analysis

(LE5 area)

Above Market Value

This property is priced +21.4% above area average per sq ft

+21.4%
This Property
£344/sq ft
Area Average
£284/sq ft
Avg Rent (weekly)
£241
Avg Yield
4.1%

Renovation Potential

Medium Refurb
Est. Renovation Cost
£15,000 - £30,000
Target Value
£262,763
10% above area average per sq ft
Potential ROI
-17.9%
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

Scraptoft Lane, 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
£1,027
Based on a loan of £217,500 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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