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Shirley Avenue, Stoneygate, Leicester

East Midlands

£575,000

Listed on 03/06/2026

Property Details

Bedrooms
4
Type
Detached
Area
1604 sqft

Description

Located in the sought-after suburb of Stoneygate, this traditional detached residence presents a wealth of potential for savvy investors or those looking to create their ideal family home. The property boasts distinctive period features alongside practical living arrangements spread across two floors. Enter through a charming entrance hall showcasing parquet herringbone flooring and leading directly to the garage. The ground floor comprises three flexible reception areas, accommodating various lifestyle needs—whether for relaxation, work, or play. Notably, the front reception features a bay window and inviting fireplace, while the rear room opens to the garden through French doors, enhancing connectivity to outdoor spaces. Also present is an additional room that can serve multiple purposes such as a family area or home office. The kitchen is functional but ripe for modernisation; it includes wall and base units along with a Range Master cooker. Completing this floor are a utility room and lobby area, offering added convenience. On the first floor, you'll find four bedrooms, including a principal suite with built-in wardrobes. The family bathroom showcases a classic roll-top bath paired with shower facilities, though updates may be desired. Outside, the property offers an off-road parking solution alongside an established rear garden featuring mature plants and gardens—ideal for outdoor family gatherings. Importantly, there’s scope for both alteration and extension at the rear (subject to necessary planning permissions), providing excellent upside potential for investment or personal enhancement. EPC Rating: D

Investment Analysis

(LE2 area)

Above Market Value

This property is priced +26.6% above area average per sq ft

+26.6%
This Property
£358/sq ft
Area Average
£283/sq ft
Avg Rent (weekly)
£247
Avg Yield
4.2%

Renovation Potential

Medium Refurb
Est. Renovation Cost
£25,000 - £40,000
Target Value
£499,413
10% above area average per sq ft
Potential ROI
-18.8%
After renovation
Note: Renovation cost estimates are AI-generated based on property location and general characteristics, and may not reflect actual costs.
Monthly Sales
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

Shirley Avenue, Stoneygate, 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
£2,172
Based on a loan of £431,250 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

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