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Main Street, Humberstone, Leicester, Leicestershire, LE5

East Midlands

£550,000

Listed on 28/05/2026

Property Details

Bedrooms
4
Type
Detached

Description

This four-bedroom detached home in Humberstone, Leicester presents a significant opportunity for renovation and investment. With an abundance of internal space, this property is ideal for those looking to undertake a major refurbishment project. Currently suffering from multiple issues including dampness, damaged roofing and ceilings, as well as general disrepair, the home requires comprehensive updates across all areas. The layout features two ensuite bedrooms and spacious communal areas like a large kitchen/diner and main lounge, perfect for reconfiguration to suit modern living standards. Located close to local amenities and transport links, this property allows for considerable value addition through redesigns and upgrades. It's an ideal choice for developers or seasoned renovators who wish to transform a neglected property into a desirable family home.

Investment Analysis

(LE5 area)
Area Average
£285/sq ft
Avg Rent (weekly)
£237
Avg Yield
4.0%

Renovation Potential

Heavy Refurb
Est. Renovation Cost
£60,000 - £100,000
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

Main Street, Humberstone, Leicester, Leicestershire, 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
£1,962
Based on a loan of £412,500 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.

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