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St Ives Road, Leicester

East Midlands

£225,000Guide Price

Listed on 16/07/2026

Property details

Bedrooms
2
Type
Detached Bungalow

Description

This well-maintained bungalow offers spacious accommodation and presents a solid opportunity for those interested in renovations. With two bedrooms, it provides flexible living options whether you need space for guests, a hobby room, or a home office. The property includes a sizable rear garden that holds the potential for enhancement—perfect for gardening enthusiasts or those looking to create an inviting outdoor area for entertaining. Additionally, there is scope to develop off-road parking at the front, pending the necessary planning approvals, which could add value to your investment. Situated in a mature residential area with convenient access to local shops and transport links, this bungalow is not only suitable for downsizers but also represents an attractive option for investors looking to capitalize on its renovation potential. Offered at auction, this detached property has no onward chain and is likely to attract considerable interest.

Investment analysis

(LE4 area)
Area Average
£291/sq ft
Avg Rent (weekly)
£247
Avg Yield
4.6%

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
55
Average per month
Market Turnover
14%
Properties sold annually

Local Market Trend (LE4)

Area prices are stable by +1.1% over the last 12 months
3 year growth: +2.2%
5 year growth: +20.0%
Investment Disclaimer: Analysis based on LE4 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 Ives Road, 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
£850
Based on a loan of £168,750 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

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