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Somerset Avenue, Leicester

East Midlands

£210,000
Listed on 09/01/2026

Property Details

Bedrooms
3
Type
Semi-detached house

Description

This three-bedroom semi-detached home, situated in the sought-after Stadium Estate, presents a prime opportunity for renovation and value enhancement. The property features an entrance hall leading to a spacious lounge and an adjoining kitchen/diner that includes essential amenities such as a gas boiler, but is in need of comprehensive modernisation throughout. Upstairs, you'll find three bedrooms and a bathroom ready for transformation, making it ideal for families or investors looking to capitalize on its potential. The front and rear gardens provide additional space for landscaping or outdoor leisure activities. With the added benefit of no chain, this property offers significant investment prospects for those willing to undertake the necessary updates.

Investment Analysis

(LE4 area)
Area Average
£290/sq ft
Avg Rent (weekly)
£248
Avg Yield
4.5%

Renovation Potential

Heavy Refurb
Est. Renovation Cost
£25,000 - £40,000
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
46%
Properties sold annually

Local Market Trend (LE4)

Area prices are stable by +2.0% 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 4.06%

Current average variable rate is 6.81%

Monthly Repayments
£757
Based on a loan of £157,500 over 30 years at 4.06% 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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