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Garnett Crescent, Leicester, LE2

East Midlands

£115,000

Listed on 04/06/2026

Property Details

Bedrooms
2
Type
Semi Detached
Area
872 sqft

Description

This semi-detached property features two spacious bedrooms and presents a promising opportunity for renovation enthusiasts. The home is complemented by both front and rear gardens along with off-road parking, making it particularly appealing for first-time buyers or investors looking to enhance its value. Inside, the layout includes a welcoming entrance hall, a through lounge/dining area that benefits from natural light via a bay window and sliding patio doors leading to the garden. The fitted kitchen offers potential for an upgrade, featuring essential units and plumbing provisions. A lean-to utility space provides additional flexibility for storage or conversion. Upstairs, two well-sized bedrooms await with access to a three-piece bathroom equipped with a gas immersion boiler installed in July 2025. The outdoor space comprises a low-maintenance rear garden with existing infrastructure such as a shed and greenhouse, ideal for creating an inviting outdoor atmosphere. This chain-free property is situated conveniently near local amenities and major transport routes, enhancing its rental appeal once renovated.

Investment Analysis

(LE2 area)

Below Market Value

This property is priced -53.4% below area average per sq ft

-53.4%
Potential saving
This Property
£132/sq ft
Area Average
£283/sq ft
Avg Rent (weekly)
£247
Avg Yield
4.2%

Renovation Potential

Medium Refurb
Est. Renovation Cost
£15,000 - £25,000
Target Value
£271,502
10% above area average per sq ft
Potential ROI
+93.9%
After renovation
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

Garnett Crescent, Leicester, LE2
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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
£434
Based on a loan of £86,250 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

Price History

-8.0% since listed
£115,000£10,000(-8.0%)
10/06/2026
Current price
£125,000Initial listing
04/06/2026

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