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St. Peters Road

East Midlands

£285,000

Listed on 07/07/2026

Property details

Bedrooms
7
Type
End Of Terrace
Area
2024 sqft

Description

This substantial seven-bedroom, two-bathroom Victorian property presents a remarkable investment opportunity in the sought-after LE2 postcode. Nestled on a prominent corner plot, the property features generous accommodation over multiple floors, along with a full basement that could serve as extra storage or potential living space after appropriate modifications. Investors and developers will find great promise here, especially considering the possibility of off-road parking at the rear, pending planning permissions. With preparations already in place for a flat conversion—complete with detailed costings and financial analyses—this property allows for immediate assessment without incurring initial feasibility costs. Located conveniently close to Leicester City Centre and notable local amenities, this property is well-suited for student housing, professional rentals, or long-term residential investments. Furthermore, it's offered with no onward chain and priced significantly below market value, presenting an enticing prospect for capital appreciation and strong rental yields. Early viewing is recommended to fully appreciate the size and development potential that this unique Victorian home provides.

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Investment analysis

(LE2 area)

Below Market Value

This property is priced -50.1% below area average per sq ft

-50.1%
Potential saving
This Property
£141/sq ft
Area Average
£282/sq ft
Avg Rent (weekly)
£237
Avg Yield
4.1%

Renovation Potential

Medium Refurb
Est. Renovation Cost
£50,000 - £80,000
Target Value
£628,735
10% above area average per sq ft
Potential ROI
+72.3%
After renovation
Note: Renovation cost estimates are AI-generated based on property location and general characteristics, and may not reflect actual costs.
Monthly Sales
72
Average per month
Market Turnover
9%
Properties sold annually

Local Market Trend (LE2)

Area prices are stable by -0.3% over the last 12 months
3 year growth: -2.7%
5 year growth: +8.7%
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

St. Peters Road
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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
£1,077
Based on a loan of £213,750 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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