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Southfields Drive, Leicester, LE2

East Midlands

£200,000

Listed on 04/06/2026

Property Details

Bedrooms
3
Type
Semi Detached
Area
883 sqft

Description

This semi-detached 3-bedroom property presents an appealing opportunity for investors and first-time buyers alike. Located in a desirable area, the home is currently available chain-free and requires some refurbishment to unlock its full potential. The entrance hall leads into a spacious lounge with wood laminate flooring, providing a comfortable space for family living. The open-plan kitchen/diner benefits from natural light and offers ample room for dining, making it ideal for everyday use. With off-road parking and a rear garden, this home is primed for renovation to enhance both aesthetic appeal and functionality. A strategic investment in updates could significantly increase its market value. Don't miss this chance to secure a property with great potential.

Investment Analysis

(LE2 area)

Below Market Value

This property is priced -20.0% below area average per sq ft

-20.0%
Potential saving
This Property
£227/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
£274,926
10% above area average per sq ft
Potential ROI
+22.2%
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

Southfields Drive, 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
£756
Based on a loan of £150,000 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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