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Lindfield Road, Leicester, LE3

East Midlands

£250,000
Listed on 28/04/2026

Property Details

Bedrooms
3
Type
Semi Detached
Area
998 sqft

Description

This three-bedroom semi-detached home is a promising opportunity for those looking to invest in a property that holds significant potential. Located in a well-established residential neighborhood, this house is currently unoccupied and presents an appealing option for buyers interested in making substantial renovations. The interior requires comprehensive redevelopment, allowing the new owner to design a modern living space tailored to their preferences, including the possibility of an open-plan layout on the ground floor, subject to structural evaluation.

The ground floor comprises a traditional entrance hall leading to a main living room and dining area, alongside a kitchen with access to the garden. The first floor features three bedrooms, two of which are doubles, along with a family shower room.

Externally, there is a modest front garden with driveway access and garage facilities. The rear garden is low maintenance but offers ample opportunities for enhancement and outdoor living spaces.

Situated conveniently near local amenities such as shops, schools, public transport links into Leicester city centre, parks, and major roadways makes this property an attractive prospect for families and commuters alike. With no onward chain involved, this residence invites immediate viewing for those ready to undertake a renovation project.

Investment Analysis

(LE3 area)

Below Market Value

This property is priced -1.4% below area average per sq ft

-1.4%
Potential saving
This Property
£251/sq ft
Area Average
£254/sq ft
Avg Rent (weekly)
£251
Avg Yield
5.1%

Renovation Potential

Heavy Refurb
Est. Renovation Cost
£25,000 - £40,000
Target Value
£278,786
10% above area average per sq ft
Potential ROI
-3.9%
After renovation
Note: Renovation cost estimates are AI-generated based on property location and general characteristics, and may not reflect actual costs.
Monthly Sales
79
Average per month
Market Turnover
15%
Properties sold annually

Local Market Trend (LE3)

Area prices are stable by -1.9% over the last 12 months
3 year growth: -0.7%
5 year growth: +18.2%
Investment Disclaimer: Analysis based on LE3 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

Lindfield Road, Leicester, LE3
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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
£885
Based on a loan of £187,500 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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