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Wanlip Lane, Birstall, Leicester, LE4 4GN

East Midlands

£280,000

Listed on 23/06/2026

Property details

Bedrooms
3
Type
Semi Detached
Area
981 sqft

Description

This three-bedroom semi-detached home presents an exciting opportunity for investors and renovators alike. Its generous layout includes a bright entrance hallway that leads into a spacious living room, enhanced by a large bay window that invites abundant natural light. The heart of the home features an open-plan kitchen and dining area with sliding patio doors, seamlessly integrating indoor and outdoor spaces—ideal for entertaining or family gatherings. The first floor comprises two good-sized double bedrooms, both equipped with fitted wardrobes for ample storage, plus a versatile third single bedroom perfect for use as a child's room or home office. A practical family bathroom with shower over bath and an additional separate WC completes this level. Externally, the property boasts significant potential; the front includes a private driveway for multiple vehicles alongside a modest lawn, while the expansive rear garden is a blank canvas featuring various seating areas, pathways, and a sturdy brick outbuilding along with a timber shed. This space offers considerable possibilities for landscaping or potential extensions (subject to obtaining planning permission). Overall, this property could benefit from light to medium refurbishment efforts to unlock its full potential, whether for personal use or as an investment in the flourishing East Midlands market.

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Investment analysis

(LE4 area)

Below Market Value

This property is priced -1.8% below area average per sq ft

-1.8%
Potential saving
This Property
£285/sq ft
Area Average
£291/sq ft
Avg Rent (weekly)
£250
Avg Yield
4.6%

Renovation Potential

Medium Refurb
Est. Renovation Cost
£15,000 - £25,000
Target Value
£313,640
10% above area average per sq ft
Potential ROI
+2.8%
After renovation
Note: Renovation cost estimates are AI-generated based on property location and general characteristics, and may not reflect actual costs.
Monthly Sales
62
Average per month
Market Turnover
16%
Properties sold annually

Local Market Trend (LE4)

Area prices are stable by +2.0% over the last 12 months
3 year growth: +2.6%
5 year growth: +21.5%
Investment Disclaimer: Analysis based on LE4 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

Wanlip Lane, Birstall, Leicester, LE4 4GN
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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
£1,058
Based on a loan of £210,000 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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