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Knighton Road, Leicester

East Midlands

£300,000
Listed on 24/02/2026

Property Details

Bedrooms
3
Type
Detached
Area
1249 sqft

Description

This property offers a unique opportunity for prospective buyers looking to invest in a spacious home with considerable renovation potential. Nestled in a tranquil area of Knighton, Leicester, the house is set on a generous plot with appealing front and rear gardens that promise privacy and space for expansion, potentially allowing for an extension subject to planning permission. The interior features two large reception rooms ideal for both formal dining and family gatherings. The recently updated kitchen meets modern standards while maintaining functionality. There are three well-sized bedrooms upstairs, complemented by a newly fitted bathroom and an additional separate WC, providing convenient living arrangements. Traditional elements such as stained glass windows contribute charm, enhancing the property's character. With local amenities within easy reach, including parks, schools, shopping areas, and excellent transport links to Leicester city centre and beyond, this home is perfectly positioned for family living. While some areas may require modernization to align with contemporary tastes, the property's substantial layout combined with its desirable location makes it an attractive investment for those wishing to create their dream home.

Investment Analysis

(LE2 area)

Below Market Value

This property is priced -14.4% below area average per sq ft

-14.4%
Potential saving
This Property
£240/sq ft
Area Average
£281/sq ft
Avg Rent (weekly)
£247
Avg Yield
4.3%

Renovation Potential

Medium Refurb
Est. Renovation Cost
£25,000 - £40,000
Target Value
£385,722
10% above area average per sq ft
Potential ROI
+13.4%
After renovation
Note: Renovation cost estimates are AI-generated based on property location and general characteristics, and may not reflect actual costs.
Monthly Sales
70
Average per month
Market Turnover
28%
Properties sold annually

Local Market Trend (LE2)

Area prices are stable by -1.6% over the last 12 months
3 year growth: -0.4%
5 year growth: +13.6%
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

Knighton Road, 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
£1,082
Based on a loan of £225,000 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.

Price History

-7.7% since listed
£300,000£25,000(-7.7%)
18/03/2026
Current price
£325,000Initial listing
24/02/2026

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