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Guthridge Crescent, Leicester, LE3 1JL

East Midlands

£195,000
Listed on 01/05/2026

Property Details

Bedrooms
3
Type
Town House
Area
755 sqft

Description

This three-bedroom townhouse, nestled in a well-established residential neighbourhood, is an appealing prospect for buyers looking to invest in a property with significant potential for modernisation. The traditional layout features a spacious reception room that benefits from an abundance of natural light due to its large window, creating a welcoming ambiance. Located at the rear, the kitchen provides direct access to the garden and presents possibilities for reconfiguration or even extension (subject to planning permission), making it an attractive option for those interested in designing a contemporary open-plan living area. The upper level consists of three generously sized bedrooms along with a family bathroom, offering ample space suitable for both families and investors. Although the interior may require refurbishment, the existing layout and room dimensions provide a solid base to develop a stylish and comfortable home that reflects personal preferences. Outdoors, the property boasts a sizeable rear garden combining lawn and mature plants, providing private outdoor space ripe for landscaping. The front garden enhances curb appeal with its pathway leading to the entrance, while driveway parking adds convenience. Perfectly situated near various local amenities such as shops, supermarkets, and recreational facilities, this property is also close to several respected primary and secondary schools. With excellent transport links available for easy access to Leicester city centre via regular bus services and major roads including the A47 and A6—along with access to wider motorway connections such as the M1 and M69—commuting is efficient and straightforward.

Investment Analysis

(LE3 area)

Above Market Value

This property is priced +1.4% above area average per sq ft

+1.4%
This Property
£258/sq ft
Area Average
£255/sq ft
Avg Rent (weekly)
£248
Avg Yield
5.0%

Renovation Potential

Medium Refurb
Est. Renovation Cost
£20,000 - £40,000
Target Value
£211,611
10% above area average per sq ft
Potential ROI
-10.0%
After renovation
Note: Renovation cost estimates are AI-generated based on property location and general characteristics, and may not reflect actual costs.
Monthly Sales
81
Average per month
Market Turnover
15%
Properties sold annually

Local Market Trend (LE3)

Area prices are stable by -1.7% over the last 12 months
3 year growth: -0.9%
5 year growth: +17.7%
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

Guthridge Crescent, Leicester, LE3 1JL
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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
£696
Based on a loan of £146,250 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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