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Asfordby Street, Leicester, LE5

East Midlands

£240,000

Listed on 18/08/2026

Property details

Bedrooms
3
Type
Terraced

Description

This three-bedroom terraced home is located in the established LE5 area of Leicester, presenting a valuable opportunity for buyers interested in renovation and investment. The property requires comprehensive refurbishment and modernization, making it ideal for developers or investors looking to enhance its value. The ground floor features two versatile reception rooms that open up various possibilities for reconfiguration, along with a traditional kitchen and a bathroom that also require updating. On the first floor, you'll find three bedrooms that maintain the classic layout typical of this style of property. While the accommodation is in need of significant improvements, its layout provides a solid foundation for transformation into a modern family home or an appealing rental unit, contingent upon securing any necessary permissions. Situated close to key amenities like supermarkets, shops, eateries, and schools, alongside accessible public transport links to Leicester City Centre and surrounding green spaces such as Spinney Hill Park, this property's location enhances its appeal for long-term investment potential. Given the scope for development and customization, early viewing is essential for those wishing to explore what this project could become.

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Location

Asfordby Street, Leicester, LE5
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Mortgage calculator

£
£
£
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years

Current average 2-year fixed rate is 4.45%

Current average variable rate is 6.60%

Monthly Repayments
£907
Based on a loan of £180,000 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.

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