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Downing Drive, Leicester, LE5

East Midlands

£350,000

Listed on 31/05/2026

Property Details

Bedrooms
4
Type
Semi Detached
Area
1109 sqft

Description

This four-bedroom semi-detached home, situated on a generous corner plot, presents a noteworthy opportunity for buyers looking to invest or create their ideal family residence. Located conveniently near well-regarded schools, essential amenities, and transport links, the property stands as a blank canvas ready for modernisation or potential development, subject to planning permissions. The ground floor boasts a welcoming entrance hall leading into a spacious reception room that invites relaxation and social gatherings—ideal for larger families. An added convenience is the ground floor shower room, which enhances functionality. The kitchen area offers ample space but is in need of updates, allowing new owners to design according to their taste. Upstairs, the four bedrooms are filled with natural light and provide flexible accommodation options suitable for family dynamics or guest arrangements. The layout offers various possibilities for remodelling to fit personal needs, whether through complete renovation or selective improvements. A front driveway permits off-road parking for at least two vehicles, adding practicality to everyday life. The home's position within a desirable neighbourhood makes it particularly appealing to families who value education and community engagement. With its substantial size and versatile living spaces, this property represents an exciting opportunity for those seeking to enhance its value through thoughtful renovations in a sought-after location.

Investment Analysis

(LE5 area)

Above Market Value

This property is priced +11.1% above area average per sq ft

+11.1%
This Property
£316/sq ft
Area Average
£284/sq ft
Avg Rent (weekly)
£246
Avg Yield
4.2%

Renovation Potential

Medium Refurb
Est. Renovation Cost
£30,000 - £50,000
Target Value
£346,574
10% above area average per sq ft
Potential ROI
-13.4%
After renovation
Note: Renovation cost estimates are AI-generated based on property location and general characteristics, and may not reflect actual costs.
Monthly Sales
41
Average per month
Market Turnover
13%
Properties sold annually

Local Market Trend (LE5)

Area prices are stable by -1.8% over the last 12 months
3 year growth: +3.5%
5 year growth: +13.3%
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

Downing Drive, Leicester, LE5
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Mortgage Calculator

£
£
£
%
%
years

Current average 2-year fixed rate is 4.45%

Current average variable rate is 6.60%

Monthly Repayments
£1,322
Based on a loan of £262,500 over 30 years at 4.45% 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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