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Stonesby Avenue, Leicester - Image 1

Stonesby Avenue, Leicester

East Midlands

£250,000

Listed on 02/06/2026

Property Details

Bedrooms
3
Type
Detached

Description

This detached family home, situated on a generous corner plot, presents an outstanding opportunity for both investors and potential homeowners looking to create their ideal living space. While the property is currently equipped with uPVC double glazing and gas central heating, it does require some internal refurbishment, allowing you to put your personal touch on it. With ample room to extend on both sides (subject to local planning permissions), this three-bedroom residence offers significant potential for expansion in a desirable area close to schools, amenities, and transport links including easy access to Leicester and Fosse Retail Park. The home features a welcoming entrance hall leading into two separate reception rooms that can be reconfigured for modern living, alongside a kitchen that connects to a small conservatory. The first floor hosts two well-sized double bedrooms and a single bedroom, complemented by a recently updated family shower room. Outside, the property benefits from gardens that wrap around all four sides, providing multiple options for landscaping or further development. The front yard has been mostly block paved for convenient parking and access to the detached garage situated to the side. The back garden features a patio area ideal for outdoor entertaining along with mature borders enhancing its appeal. This property represents an exceptional chance not only to invest but also to design a spacious family home in an increasingly popular location.

Investment Analysis

(LE2 area)
Area Average
£283/sq ft
Avg Rent (weekly)
£247
Avg Yield
4.2%

Renovation Potential

Medium Refurb
Est. Renovation Cost
£15,000 - £25,000
Note: Renovation cost estimates are AI-generated based on property location and general characteristics, and may not reflect actual costs.
Monthly Sales
75
Average per month
Market Turnover
10%
Properties sold annually

Local Market Trend (LE2)

Area prices are stable by -1.0% over the last 12 months
3 year growth: -1.4%
5 year growth: +10.0%
Investment Disclaimer: Analysis based on LE2 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

Stonesby Avenue, Leicester
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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
£944
Based on a loan of £187,500 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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