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London Road, Stoneygate, Leicester, LE2

East Midlands

£350,000

Listed on 22/06/2026

Property Details

Bedrooms
3
Type
Semi Detached
Area
1300 sqft

Description

Nestled within a private gated courtyard, this distinctive mews property presents an excellent investment opportunity for the savvy buyer. With three bedrooms spread over two floors, there is significant potential to enhance the living space by converting the loft into additional bedrooms, subject to planning permissions. Available with no onward chain, this property is perfect for those looking to make their mark. Historically rooted in the working courtyards of Victorian England, this home has developed its own unique character. The enchanting courtyard features well-established greenery including palms, bamboo, and Japanese acers, creating a serene and private outdoor space. A timber pergola elegantly frames the outdoor dining area while a double garage currently serves as a workspace but retains its practical vehicle inspection pit. Upon entering the property, you are welcomed by an entrance hall leading to a ground floor WC. The kitchen boasts navy blue fitted units complemented by a Belfast sink and integrated appliances—all bathed in natural light from the courtyard-facing window. Adjacent to the kitchen is a dining room that connects to a generous lounge showcasing an original cast-iron fireplace that opens directly onto the courtyard via glazed doors. On the first floor, three spacious double bedrooms are accompanied by a large family bathroom equipped with both a bath and a walk-in shower enclosure. The true value lies in the loft space which offers opportunities for expansion. Situated conveniently on London Road at Leicester's southern approach, this property enjoys easy access to local amenities including Victoria Park and various shops and restaurants along Queens Road and Allandale Road. Moreover, Leicester train station provides direct access to London St Pancras in just over an hour.

Investment Analysis

(LE2 area)

Below Market Value

This property is priced -4.9% below area average per sq ft

-4.9%
Potential saving
This Property
£269/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
£404,762
10% above area average per sq ft
Potential ROI
+3.8%
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

London Road, Stoneygate, 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
£1,322
Based on a loan of £262,500 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.

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