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Peters Drive, LEICESTER, LE5

East Midlands

£370,000

Listed on 22/05/2026

Property Details

Bedrooms
3
Type
Semi Detached
Area
1715 sqft

Description

This well-extended property offers a spacious ground floor layout, including a conservatory that provides a bright and inviting space overlooking the rear garden – an ideal setting for both relaxation and social gatherings. The inclusion of a convenient downstairs bathroom enhances the functionality of the home, catering to modern living needs. Internally, the entrance hallway leads into a generous lounge with charming bay windows that flood the room with natural light, while the kitchen/dining area is adequately sized for everyday use. On the upper level, you'll find three well-sized bedrooms, each equipped with fitted wardrobes that maximize storage potential. Outside, there is off-road parking available, and the property holds significant potential for further development depending on planning permissions, positioning it as an excellent long-term investment opportunity. The location benefits from being near essential amenities such as shops and schools, along with convenient transport links to Leicester city centre and major motorways for easy commuting.

Investment Analysis

(LE5 area)

Below Market Value

This property is priced -24.2% below area average per sq ft

-24.2%
Potential saving
This Property
£216/sq ft
Area Average
£285/sq ft
Avg Rent (weekly)
£237
Avg Yield
4.0%

Renovation Potential

Medium Refurb
Est. Renovation Cost
£20,000 - £35,000
Target Value
£536,992
10% above area average per sq ft
Potential ROI
+32.6%
After renovation
Note: Renovation cost estimates are AI-generated based on property location and general characteristics, and may not reflect actual costs.
Monthly Sales
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

Peters Drive, LEICESTER, LE5
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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
£1,320
Based on a loan of £277,500 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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