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256 Hinckley Road, Leicester, Leicestershire LE3 0TL - Image 1
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256 Hinckley Road, Leicester, Leicestershire LE3 0TL

East Midlands

£230,000Guide Price

Listed on 07/07/2026

Property details

Bedrooms
5
Type
Semi Detached

Description

This extended five-bedroom semi-detached property presents a significant opportunity for renovation and investment in a sought-after neighbourhood. While it requires comprehensive upgrading and modernisation, the potential to transform it into an exceptional family home is immense. The large integral garage not only provides handy storage but could also be repurposed into additional living space or an expansive kitchen area. The front parking area and sizable rear garden, though currently overgrown, offer further possibilities for enhancement. Conveniently located near amenities such as shops, parks, and schools, as well as having excellent transport connections, this property is primed for those looking to invest in a project with considerable scope.

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Investment analysis

(LE3 area)
Area Average
£257/sq ft
Avg Rent (weekly)
£249
Avg Yield
4.9%

Renovation Potential

Heavy Refurb
Est. Renovation Cost
£60,000 - £100,000
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

256 Hinckley Road, Leicester, Leicestershire LE3 0TL
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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
£869
Based on a loan of £172,500 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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