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Swithland Avenue, Leicester

East Midlands

£575,000

Listed on 04/07/2026

Property details

Bedrooms
7
Type
Detached

Description

Situated on a generous plot in the sought-after LE4 area, this expansive seven-bedroom property presents a unique opportunity for investors and large families alike. While it has been substantially renovated to a high standard, there remains considerable potential for further development. The home features spacious and adaptable living areas, including two reception rooms that can be tailored for various uses such as communal spaces or home offices. The contemporary kitchen is well-equipped to accommodate larger households or multiple occupants, while two modern bathrooms provide essential convenience. Significantly, one of the first-floor bedrooms is prepped with plumbing and electrical installations to support a kitchen, paving the way for a self-contained living space—ideal for multi-generational living or increased rental yield. Additionally, the spacious loft offers strong conversion potential into extra bedrooms or living areas with the appropriate planning permissions. The property's outdoor space includes a substantial private rear garden, perfect for entertaining, relaxation, or family activities. Newly installed fencing enhances privacy and security in this low-maintenance garden. Located within an attractive residential neighborhood, residents have easy access to local amenities, excellent schools, parks, and transport links. This property not only provides ample accommodation but also presents an investment opportunity with significant rental potential while being ready for immediate occupation.

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Investment analysis

(LE4 area)
Area Average
£291/sq ft
Avg Rent (weekly)
£247
Avg Yield
4.6%

Renovation Potential

Medium Refurb
Est. Renovation Cost
£50,000 - £80,000
Note: Renovation cost estimates are AI-generated based on property location and general characteristics, and may not reflect actual costs.
Monthly Sales
55
Average per month
Market Turnover
14%
Properties sold annually

Local Market Trend (LE4)

Area prices are stable by +1.1% over the last 12 months
3 year growth: +2.2%
5 year growth: +20.0%
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

Swithland Avenue, 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
£2,172
Based on a loan of £431,250 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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