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Holmfield Road, Leicester, LE2

East Midlands

£600,000

Listed on 26/06/2026

Property details

Bedrooms
5
Type
Link Detached House
Area
2390 sqft

Description

Nestled on the attractive Holmfield Road, this substantial five-bedroom semi-detached property presents a significant opportunity for renovation and investment. The home is ideally located near local amenities, respected schools, and communal facilities, making it a prime choice for families seeking space and character. This period residence boasts many original features such as stained-glass windows and high ceilings, which can be enhanced or preserved during renovations to maintain its historic charm. The flexible layout spans two levels with multiple reception rooms, a sizeable kitchen that could accommodate an extension (subject to planning), and essential family amenities including a ground-floor shower room and a family bathroom. One unique aspect of this property is the conversion of a former reception room into a garage—this space holds potential for repurposing back into living accommodation or other uses. Natural light floods through the well-proportioned rooms, enhancing the sense of space throughout. The rear garden is particularly appealing with its mature plants and large patio area, offering an inviting outdoor space that could also be expanded further under appropriate permissions. With its combination of period features, spacious accommodation, and potential for future development, this property stands out as an exciting project in a desirable location. Viewing is strongly encouraged to explore the possibilities it presents.

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Investment analysis

(LE2 area)

Below Market Value

This property is priced -11.3% below area average per sq ft

-11.3%
Potential saving
This Property
£251/sq ft
Area Average
£283/sq ft
Avg Rent (weekly)
£247
Avg Yield
4.2%

Renovation Potential

Medium Refurb
Est. Renovation Cost
£50,000 - £80,000
Target Value
£744,138
10% above area average per sq ft
Potential ROI
+9.4%
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

Holmfield Road, 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
£2,267
Based on a loan of £450,000 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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