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Thurmaston Lane, Leicester, LE5 - Image 1
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Thurmaston Lane, Leicester, LE5

East Midlands

£270,000

Listed on 09/10/2026

The listing

Property details

Bedrooms
3
Type
Semi Detached
Area
875 sqft

Description

This three-bedroom semi-detached house presents a unique opportunity for buyers looking to invest in a property with considerable potential. Located in a sought-after residential area, the home is conveniently close to excellent road links, reputable schools, and various local amenities. The property serves as a blank canvas, ready for personalisation and modernisation. Inside, multiple reception rooms provide flexible living options, ideal for family gatherings or working from home. The separate lounge and dining areas offer ample space for relaxation, while the kitchen is ripe for redesign to meet contemporary tastes. Upstairs, the three well-proportioned bedrooms benefit from good natural light, complemented by a family bathroom. Additional features include a garage for storage or secure parking and a generous front garden that could potentially be converted into a driveway, subject to planning permission. The rear garden is spacious and private, featuring a patio area, multiple brick-built stores, and a garage accessible via a service road. With its adaptable layout and excellent location, this property is an attractive proposition for growing families or those looking to add value through renovations.

WHOTS analysis

Our WHOTS verdict

An internal assessment of the opportunity to acquire, improve and create value.

41out of 100
Grade ELow opportunity

Confidence: MEDIUM

This three-bedroom semi-detached house is presented as a blank canvas, ideal for those looking to create a bespoke living space. While the property is located in a popular residential area close to amenities, the asking price of £270,000, which translates to £309/sqf, is slightly above the local average of £289/sqf. This limited price/value ratio, combined with renovation costs estimated between £40,000 and £80,000, results in stretched all-in costs against local benchmarks for similar properties, making the economics a notable concern.

The interior is dated, showcasing worn living spaces, an older style kitchen, and basic bathroom fittings. However, the property offers significant potential for renovation, allowing buyers to personalize the space to their tastes. With multiple reception rooms and a generous garden, there is scope for both internal redesign and external enhancements, including potential driveway conversion. For those willing to invest in refurbishment, the flexible layout and good location present a worthwhile opportunity despite the economic drawbacks.

Key opportunities

  • Flexible layout with multiple reception rooms for personalisation
  • Scope for a modern kitchen redesign to suit contemporary tastes
  • Potential for extension or driveway conversion (subject to planning)

Key risks

  • All-in costs after renovation may exceed local benchmarks, impacting potential return on investment

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Map

Location

Thurmaston Lane, Leicester, LE5
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Finance

Mortgage calculator

Illustrative repayments based on the asking price, not a mortgage offer.

£
£
£
%
%
years

Current average 2-year fixed rate is 4.45%

Current average variable rate is 6.60%

Monthly Repayments
£1,020
Based on a loan of £202,500 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.

Tax

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Indicative tax based on the asking price and the options you select.

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