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Stoughton Drive North, Evington Bordering Stoneygate, Leicester

East Midlands

£775,000

Listed on 15/07/2026

Property details

Bedrooms
4
Type
Detached
Area
2411 sqft

Description

This spacious and well-maintained four-bedroom detached home presents a unique opportunity for those looking to invest in a property with significant potential for enhancement. Situated on a prime corner plot in the desirable area of North Evington, the residence features versatile living spaces ideal for family living and entertaining. Notably, planning permission has been granted for substantial expansions, including the addition of front and side dormers, two new bedrooms with ensuites, and further improvements to the second floor. This planning approval opens exciting possibilities for increased living space, catering to both residential needs and investment returns. The internal layout includes generous reception areas, a kitchen breakfast room equipped for family meals, and multiple bathrooms that could benefit from modern upgrades. Outdoors, the property boasts a well-sized garden perfect for leisure activities or future landscaping projects. The extensive driveway can accommodate numerous vehicles, adding convenience to this remarkable family home.

Investment analysis

(LE5 area)

Above Market Value

This property is priced +11.3% above area average per sq ft

+11.3%
This Property
£321/sq ft
Area Average
£289/sq ft
Avg Rent (weekly)
£251
Avg Yield
4.3%

Renovation Potential

Medium Refurb
Est. Renovation Cost
£35,000 - £60,000
Target Value
£765,794
10% above area average per sq ft
Potential ROI
-8.3%
After renovation
Note: Renovation cost estimates are AI-generated based on property location and general characteristics, and may not reflect actual costs.
Monthly Sales
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

Stoughton Drive North, Evington Bordering Stoneygate, 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
£2,928
Based on a loan of £581,250 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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