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Pine Tree Avenue, Leicester, LE5

East Midlands

£330,000

Listed on 13/07/2026

Property details

Bedrooms
3
Type
Detached
Area
904 sqft

Description

This three-bedroom detached bungalow represents a unique opportunity for renovation enthusiasts and investors alike. Nestled on a generous plot in the desirable Humberstone area, this property has been cherished by the same family since its construction, allowing for an exciting vision of potential to unfold for its new owners. The layout features spacious living areas, including a large reception room with a wood-burning stove that awaits restoration or upgrade to enhance the home's charm during colder months. An open-plan kitchen and dining area overlook the tranquil rear garden, providing ample space for modernization or reconfiguration to suit personal taste and lifestyle needs, subject to necessary planning permissions. The well-sized bedrooms and family bathroom present further avenues for improvement or expansion. Externally, the property's substantial driveway accommodates up to four vehicles and could be adapted further if desired. The rear garden is mainly lawned with a paved patio area, offering privacy and light—a perfect canvas for outdoor enhancements such as an extension or garden room (subject to planning approval). With local amenities within walking distance and excellent transport links to Leicester city centre, this home offers both immediate comfort and considerable investment potential. Early viewings are encouraged to fully appreciate the opportunities that await.

Investment analysis

(LE5 area)

Above Market Value

This property is priced +26.4% above area average per sq ft

+26.4%
This Property
£365/sq ft
Area Average
£289/sq ft
Avg Rent (weekly)
£251
Avg Yield
4.3%

Renovation Potential

Medium Refurb
Est. Renovation Cost
£25,000 - £40,000
Target Value
£287,133
10% above area average per sq ft
Potential ROI
-22.4%
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

Pine Tree Avenue, Leicester, LE5
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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
£1,247
Based on a loan of £247,500 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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