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Kingsway Road, Stoneygate, Leicester - Image 1
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Kingsway Road, Stoneygate, Leicester

East Midlands

£475,000
Listed on 01/05/2026

Property Details

Bedrooms
4
Type
Detached
Area
1496 sqft

Description

This spacious four-bedroom detached home offers a solid foundation for those looking to invest in a property with potential for modernization. Situated in the desirable Stoneygate suburb of Leicester, it is conveniently located approximately two miles from the city center, providing easy access to professional quarters and mainline rail services to London. Local amenities are within close reach, and the area boasts excellent educational facilities. Upon entering, you'll find a welcoming porch leading into a hallway that connects to the key living spaces. The lounge features a large window that allows natural light to flood in, while the adjoining dining room transitions into a conservatory, creating an adaptable area ideal for entertaining or relaxation. The kitchen presents a high-quality German design that, although well-equipped, could benefit from contemporary updates to fully realize its potential. The first floor accommodates four bedrooms—two sizable doubles equipped with fitted wardrobes and air conditioning—alongside a flexible fourth bedroom currently used as an ironing room. The family bathroom is functional but would enhance its appeal through modern fittings and finishes. There is also potential for expansion; previous planning permission has been granted for an extension at the front of the property which could further increase its value. Outside, the block-paved driveway provides ample parking space along with a private rear garden that backs onto serene woodland. The garage may offer conversion opportunities to create additional living space (subject to planning approval). This property stands as an enticing renovation project with comprehensive features like security systems and full fibre broadband already in place, making it an attractive prospect in today’s market.

Investment Analysis

(LE5 area)

Above Market Value

This property is priced +11.5% above area average per sq ft

+11.5%
This Property
£318/sq ft
Area Average
£285/sq ft
Avg Rent (weekly)
£237
Avg Yield
4.0%

Renovation Potential

Medium Refurb
Est. Renovation Cost
£25,000 - £40,000
Target Value
£468,420
10% above area average per sq ft
Potential ROI
-9.0%
After renovation
Note: Renovation cost estimates are AI-generated based on property location and general characteristics, and may not reflect actual costs.
Monthly Sales
35
Average per month
Market Turnover
13%
Properties sold annually

Local Market Trend (LE5)

Area prices are falling by -2.1% over the last 12 months
3 year growth: +3.4%
5 year growth: +14.5%
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

Kingsway Road, Stoneygate, Leicester
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Mortgage Calculator

£
£
£
%
%
years

Current average 2-year fixed rate is 3.97%

Current average variable rate is 6.59%

Monthly Repayments
£1,695
Based on a loan of £356,250 over 30 years at 3.97% 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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