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Priory Walk, Leicester Forest East, LE3

East Midlands

£275,000
Listed on 05/05/2026

Property Details

Bedrooms
3
Type
Semi Detached
Area
994 sqft

Description

Situated in a sought-after residential neighbourhood, this spacious semi-detached property features three generously sized double bedrooms and occupies a desirable plot that is conveniently located near essential amenities and transport links. With easy access to the M1 and M69 motorways, as well as the city centre, it presents an appealing option for both commuters and families looking for space to grow. The home includes gas central heating, double glazing, and fibre broadband connectivity. The current layout provides ample living space with potential for modern updates or personal customization. On the ground floor, there is an entrance porch that serves as practical storage, a large lounge and dining area that opens onto the rear garden, alongside a fitted kitchen. The first floor hosts three well-sized bedrooms—one of which boasts extensive fitted wardrobes—and a family bathroom equipped with a classic three-piece suite. Externally, the property offers off-road parking suitable for multiple vehicles and an integral garage that could be transformed into additional living space (subject to necessary approvals). Additionally, the rear garden offers a private sanctuary ideal for relaxation or social gatherings. This property represents significant potential for renovation or investment, allowing new owners to create their ideal home tailored to modern tastes.

Investment Analysis

(LE3 area)

Above Market Value

This property is priced +8.6% above area average per sq ft

+8.6%
This Property
£277/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
£278,598
10% above area average per sq ft
Potential ROI
-11.6%
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

Priory Walk, Leicester Forest East, LE3
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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
£981
Based on a loan of £206,250 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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