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Canon Street, Belgrave, Leicester

East Midlands

£270,000

Listed on 02/06/2026

Property Details

Bedrooms
2
Type
Semi Detached
Area
711 sqft

Description

This two-bedroom semi-detached property sits in the vibrant area of Belgrave and presents a promising opportunity for renovation and enhancement. The home features off-road parking and a substantial rear garden, which holds significant potential for future extensions or development (subject to planning permissions). Inside, the layout includes an entrance hall that leads into a lounge with a charming bay window, flowing seamlessly into a separate dining room ideal for gatherings. The fitted kitchen offers functional space with integrated appliances and overlooks the garden, providing a great starting point for modern upgrades. A useful lobby area grants access to a downstairs WC and storage facilities. Upstairs, you'll find two spacious bedrooms, including a sizable principal bedroom complete with built-in storage, accompanied by a family bathroom needing modernization to maximize comfort. Externally, the expansive rear garden is a notable highlight and could accommodate additional outdoor living or extensions. This property is perfect for first-time buyers or families looking to put their stamp on a home with abundant potential for value growth through thoughtful renovations.

Investment Analysis

(LE4 area)

Above Market Value

This property is priced +30.7% above area average per sq ft

+30.7%
This Property
£380/sq ft
Area Average
£291/sq ft
Avg Rent (weekly)
£250
Avg Yield
4.6%

Renovation Potential

Medium Refurb
Est. Renovation Cost
£25,000 - £45,000
Target Value
£227,317
10% above area average per sq ft
Potential ROI
-27.8%
After renovation
Note: Renovation cost estimates are AI-generated based on property location and general characteristics, and may not reflect actual costs.
Monthly Sales
62
Average per month
Market Turnover
16%
Properties sold annually

Local Market Trend (LE4)

Area prices are stable by +2.0% over the last 12 months
3 year growth: +2.6%
5 year growth: +21.5%
Investment Disclaimer: Analysis based on LE4 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

Canon Street, Belgrave, 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
£1,020
Based on a loan of £202,500 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.

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