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Hopefield Road, Leicester, Leicestershire

East Midlands

£130,000

Listed on 16/07/2026

Property details

Bedrooms
2
Type
Terraced

Description

This two-bedroom terraced home in the heart of Leicester presents a compelling opportunity for investors or builders seeking to enhance a property with significant renovation potential. While the interior requires modernisation throughout, it offers a spacious layout ideal for reconfiguration and improvement. The property features a bay-fronted lounge that leads into a second reception room, which could serve as both a dining area and lounge. The galley kitchen at the rear provides ample storage and direct access to a private garden that includes a storage shed, while side access ensures convenience for moving outdoor equipment. Upstairs, both bedrooms are generously sized, with the master bedroom featuring bay windows, and there is built-in storage in the second bedroom. Completing this level is a family bathroom. With local amenities and transport links nearby, including proximity to De Montfort University and Leicester City Centre, this property is well-positioned for those looking to invest in an area with growth potential.

Investment analysis

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

Renovation Potential

Medium Refurb
Est. Renovation Cost
£15,000 - £25,000
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

Hopefield Road, Leicester, Leicestershire
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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
£491
Based on a loan of £97,500 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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