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Braunstone Lane, Leicester, LE3

East Midlands

£235,000

Listed on 08/06/2026

Property Details

Bedrooms
3
Type
Detached
Area
815 sqft

Description

This detached property presents a notable opportunity for those looking to invest in a renovation project. Comprising an entrance hall, lounge, kitchen/diner, lobby, downstairs WC, first floor landing, three bedrooms, and a bathroom, the home is well-structured but requires modernisation throughout. The front of the house offers a generous garden and off-road parking leading to a sectional garage. At the rear, you’ll find private gardens laid to lawn with established trees and shrubs providing a tranquil setting. With no chain involved, this property is primed for early viewing and offers potential for significant value addition through refurbishment.

Investment Analysis

(LE3 area)

Above Market Value

This property is priced +12.9% above area average per sq ft

+12.9%
This Property
£288/sq ft
Area Average
£255/sq ft
Avg Rent (weekly)
£246
Avg Yield
4.9%

Renovation Potential

Medium Refurb
Est. Renovation Cost
£20,000 - £35,000
Target Value
£228,876
10% above area average per sq ft
Potential ROI
-15.2%
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
14%
Properties sold annually

Local Market Trend (LE3)

Area prices are stable by -0.5% over the last 12 months
3 year growth: +0.4%
5 year growth: +17.3%
Investment Disclaimer: Analysis based on LE3 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

Braunstone Lane, Leicester, LE3
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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
£888
Based on a loan of £176,250 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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