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Welford Road, Leicester, Leicestershire

East Midlands

£325,000

Listed on 23/06/2026

Property Details

Bedrooms
3
Type
Semi Detached
Area
786 sqft

Description

This traditional three-bedroom semi-detached home on the well-regarded Welford Road in Knighton, Leicester, offers a unique opportunity for those looking to invest in a property with considerable potential for refurbishment. With no upward chain, buyers can move forward promptly to transform this residence into a modern family home. Upon entering, you are welcomed by an entrance porch that leads to a spacious hallway, setting the tone for the generous living spaces found throughout the house. The ground floor features an open-plan lounge and dining area that benefits from abundant natural light through a charming bay window and rear access. The kitchen, located at the back of the property, connects conveniently to the garage. The first floor comprises three well-sized bedrooms—two doubles and a comfortable single—along with a family bathroom that holds promise for updating. One of the standout features of this property is its expansive plot, which offers off-road parking for two vehicles and an impressive garden area that is mainly lawned. This space not only serves as a delightful outdoor retreat but also provides ample opportunity for enhancements. Additionally, the layout presents significant possibilities for extensions at both the side and rear (subject to necessary planning permissions), allowing future owners to increase living space further and enhance value. Set in a highly sought-after suburb with excellent local amenities, reputable schools, and easy access to Leicester City Centre and major transport networks, this property is ideal for any buyer looking to make their mark in a desirable location.

Investment Analysis

(LE2 area)

Above Market Value

This property is priced +46.1% above area average per sq ft

+46.1%
This Property
£413/sq ft
Area Average
£283/sq ft
Avg Rent (weekly)
£247
Avg Yield
4.2%

Renovation Potential

Medium Refurb
Est. Renovation Cost
£30,000 - £60,000
Target Value
£244,725
10% above area average per sq ft
Potential ROI
-36.4%
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

Welford Road, Leicester, Leicestershire
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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
£1,228
Based on a loan of £243,750 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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