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338 Uppingham Road, Leicester LE5 2BF

East Midlands

£180,000Guide Price

Listed on 01/07/2026

Property details

Bedrooms
3
Type
Semi Detached
Area
1139 sqft

Description

This three-bedroom semi-detached house, positioned on a corner plot with generous outdoor space, presents an excellent opportunity for renovation and investment. With a spacious layout and substantial gardens surrounding the property, there is significant potential for both upgrading the existing living areas and extending the footprint (subject to planning permission). The interior is in need of comprehensive refurbishment, offering a blank canvas for your design vision. Key features include a reception hallway, lounge with bay window, dining room, practical kitchen with pantry, three well-sized bedrooms, and a large bathroom. The gardens are overgrown and require landscaping. Additionally, there is a driveway leading to a garage that also needs attention. This freehold property is being offered with vacant possession, allowing for immediate access post-purchase. Perfectly situated in a desirable area of the East Midlands, it has promising potential as a family home or rental investment.

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Investment analysis

(LE5 area)

Below Market Value

This property is priced -45.3% below area average per sq ft

-45.3%
Potential saving
This Property
£158/sq ft
Area Average
£289/sq ft
Avg Rent (weekly)
£251
Avg Yield
4.3%

Renovation Potential

Heavy Refurb
Est. Renovation Cost
£40,000 - £60,000
Target Value
£361,775
10% above area average per sq ft
Potential ROI
+50.7%
After renovation
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: +3.2%
5 year growth: +12.8%
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

338 Uppingham Road, Leicester LE5 2BF
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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
£680
Based on a loan of £135,000 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

Next Steps

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