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Fernhurst Road, Leicester, Leicestershire

East Midlands

£235,000

Listed on 18/05/2026

Property Details

Bedrooms
3
Type
Semi Detached
Area
969 sqft

Description

This traditional semi-detached residence features three bedrooms and a characteristic bay front, suitably located within the desirable Braunstone Town of Leicester. With no upward chain, it stands as a solid investment opportunity for those aiming to transform it into a modern family home. While the property requires comprehensive modernization throughout, its generous layout presents ample potential for reconfiguration and enhancement. The ground floor showcases a welcoming porch and entrance hall leading into a spacious living room that adjoins a dining area, punctuated by access to a lean-to conservatory, perfect for light-filled moments. The kitchen offers practical space with existing wall and base units, though it would benefit from an update. On the first floor, you'll find three well-sized bedrooms along with a family bathroom that holds further renovation possibilities. The property is complemented by front and rear gardens mainly laid to lawn, providing outdoor space for gardening or leisure activities, alongside off-road parking options via a paved driveway leading to both a carport and garage equipped with an inspection pit. With its blend of classic structure and investment potential, this home is ideal for families looking to add value through renovations or for first-time buyers keen on creating their dream space.

Investment Analysis

(LE3 area)

Below Market Value

This property is priced -4.8% below area average per sq ft

-4.8%
Potential saving
This Property
£243/sq ft
Area Average
£255/sq ft
Avg Rent (weekly)
£248
Avg Yield
5.0%

Renovation Potential

Medium Refurb
Est. Renovation Cost
£20,000 - £35,000
Target Value
£271,591
10% above area average per sq ft
Potential ROI
+0.6%
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

Fernhurst Road, Leicester, Leicestershire
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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
£838
Based on a loan of £176,250 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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