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Scraptoft Lane, Leicester

East Midlands

£450,000

Listed on 22/06/2026

Property Details

Bedrooms
4
Type
Semi Detached

Description

Nestled in a sought-after area on Scraptoft Lane, this semi-detached four-bedroom property presents a promising opportunity for families and investors alike. While the home has seen improvements, including a full rewire, updated security features, and a modern boiler installed within the last five years, there remains considerable potential for further enhancement. The roof was replaced just four years ago, adding to its structural integrity. Upon entry through the newly constructed porch, visitors are greeted by well-sized living spaces that include two reception rooms suitable for various family activities or entertaining. A bright conservatory expands the living area and overlooks the spacious rear garden, which is ideal for outdoor leisure or future development possibilities (pending planning consents). The kitchen stands out as an impressive hub of the home, having been recently enlarged to feature modern designs and quality fittings that elevate cooking and dining experiences. The practical shower room with integrated utility space adds convenience essential for family dynamics. Upstairs accommodates three sizeable bedrooms with ample versatility that can cater to evolving family needs; additionally, the fully boarded loft provides extra storage or conversion options to maximize space. The expansive rear garden offers unique outdoor potential—perfect for hosting gatherings or potential landscaping improvements — coupled with a powered shed that could serve multiple functions from workshop to home office. To the front, you’ll find a large driveway accommodating several vehicles. This property not only boasts desirable location advantages such as proximity to local amenities and transport links but also invites imaginative updates to personalize it further while enhancing its value over time. Early viewing is recommended to explore its full potential.

Investment Analysis

(LE5 area)
Area Average
£284/sq ft
Avg Rent (weekly)
£246
Avg Yield
4.2%

Renovation Potential

Medium Refurb
Est. Renovation Cost
£20,000 - £35,000
Note: Renovation cost estimates are AI-generated based on property location and general characteristics, and may not reflect actual costs.
Monthly Sales
41
Average per month
Market Turnover
13%
Properties sold annually

Local Market Trend (LE5)

Area prices are stable by -1.8% over the last 12 months
3 year growth: +3.5%
5 year growth: +13.3%
Investment Disclaimer: Analysis based on LE5 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

Scraptoft Lane, 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
£1,700
Based on a loan of £337,500 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.

Stamp Duty Calculator

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