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Hopefield Road, West End, Leicester

East Midlands

£169,950

Listed on 01/07/2026

Property details

Bedrooms
2
Type
Terraced
Area
855 sqft

Description

This two-bedroom mid-terrace house, situated in the sought-after West End of Leicester, presents a promising opportunity for buyers and investors looking to enhance value through renovation. With its spacious layout, the property features two distinct reception areas that offer versatile living and dining options. While it has been well cared for, some light cosmetic upgrades would significantly benefit the space, making it an excellent candidate for those eager to customize their home or capitalize on a buy-to-let investment. The property is conveniently located near local amenities and transport links, ensuring strong market demand for potential tenants or future resale. The rear garden adds an attractive outdoor area to further enhance the property's appeal.

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Investment analysis

(LE3 area)

Below Market Value

This property is priced -22.6% below area average per sq ft

-22.6%
Potential saving
This Property
£199/sq ft
Area Average
£257/sq ft
Avg Rent (weekly)
£249
Avg Yield
4.9%

Renovation Potential

Light Refurb
Est. Renovation Cost
£5,000 - £10,000
Target Value
£241,661
10% above area average per sq ft
Potential ROI
+34.3%
After renovation
Note: Renovation cost estimates are AI-generated based on property location and general characteristics, and may not reflect actual costs.
Monthly Sales
73
Average per month
Market Turnover
13%
Properties sold annually

Local Market Trend (LE3)

Area prices are stable by -1.6% over the last 12 months
3 year growth: -0.8%
5 year growth: +15.2%
Investment Disclaimer: Analysis based on LE3 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

Hopefield Road, West End, Leicester
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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
£642
Based on a loan of £127,462 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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