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Somerset Avenue, Leicester

East Midlands

£210,000
Listed on 09/01/2026

Property Details

Bedrooms
3
Type
Semi-detached house
Area
755 sqft

Description

This three-bedroom semi-detached home presents an excellent opportunity for renovation and investment in a desirable LE4 location. Situated on a well-established residential street, the property boasts spacious living areas and a good-sized kitchen/diner, making it suitable for families, first-time buyers, or those looking to invest. The generous bedrooms provide ample space, while the sizable rear garden offers potential for outdoor improvements or extensions. The home is conveniently located near local amenities, including schools, parks, and shops, enhancing its appeal for long-term rental opportunities or resale value post-renovation. With good transport links nearby, this property stands out as a promising candidate for those willing to invest in updates and personal touches. Key areas that may benefit from refurbishment include the kitchen, bathroom, and general decor throughout. The layout is practical with a welcoming entrance hall leading to the lounge and dining room, providing great flow for family life or entertaining guests. Given its potential and location advantages within the Abbey/Belgrave area of Leicester, this property is ideal for capitalising on the growing demand in the region.

Investment Analysis

(LE4 area)

Below Market Value

This property is priced -3.8% below area average per sq ft

-3.8%
Potential saving
This Property
£278/sq ft
Area Average
£289/sq ft
Avg Rent (weekly)
£251
Avg Yield
4.6%

Renovation Potential

Medium Refurb
Est. Renovation Cost
£15,000 - £25,000
Target Value
£240,139
10% above area average per sq ft
Potential ROI
+2.2%
After renovation
Note: Renovation cost estimates are AI-generated based on property location and general characteristics, and may not reflect actual costs.
Monthly Sales
59
Average per month
Market Turnover
32%
Properties sold annually

Local Market Trend (LE4)

Area prices are stable by +1.9% over the last 12 months
3 year growth: 5.2%
5 year growth: 26.7%
Investment Disclaimer: Analysis based on LE4 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

Somerset Avenue, Leicester
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Mortgage Calculator

£
£
£
%
%
years

Current average 2-year fixed rate is 4.19%

Current average variable rate is 6.78%

Monthly Repayments
£769
Based on a loan of £157,500 over 30 years at 4.19% 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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YOUR HOME MAY BE REPOSSESSED IF YOU DO NOT KEEP UP REPAYMENTS ON YOUR MORTGAGE