Hillcrest Road, Knighton, Leicester
East Midlands
£300,000
Listed on 15/10/2026
Listed on 15/10/2026
The listing
Property details
Bedrooms
3Type
Semi DetachedArea
936 sqftFeatures
- Garage
- Garden
- Parking
Description
Offered with no upward chain, this three-bedroom semi-detached house is set in a cul-de-sac near Knighton Park. The ground floor has an entrance hall with under-stairs storage and a separate WC, plus two reception rooms. The front room has a bay window and fireplace, while the rear reception opens onto the garden. The fitted kitchen has wooden units, a stainless steel sink, a gas cooker point, washing-machine plumbing and an external door.
Upstairs are three bedrooms and a family bathroom with a bath and electric shower. The main bedroom has a bay window and period-style fireplace, and the bathroom provides access to a partly boarded loft. Outside, a paved frontage and driveway provide off-road parking, with side access to a detached garage with power and lighting. The rear garden includes a patio, lawn, mature planting and an outbuilding. The listing notes scope for an extension, subject to the relevant requirements; feasibility would need to be checked. The property is marketed by Knightsbridge Estate Agents & Valuers in Leicester.
WHOTS analysis
Our WHOTS verdict
An internal assessment of the opportunity to acquire, improve and create value.
44out of 100
Grade ELow opportunity
Confidence: MEDIUM
This is a tidy, usable three-bedroom semi with two reception rooms, a driveway, detached garage and an established rear garden. The dated finishes offer a straightforward redecoration and flooring project, with scope to refresh the kitchen and bathroom; the garden and traditional features give it plenty of character to work with.
The main drawback is the price: at £321/sq ft, the £300,000 asking price is above the local £282/sq ft average. The asking price plus the £6,000–£13,000 refurbishment range also leaves the purchase cost stretched against the local benchmark for a home of this floor area; that comparison is with current local average value, not a forecast of value after works. The good fundamentals and manageable project are appealing, but the numbers make this a low-opportunity buy at the current ask.
Key opportunities
- Refresh the dated wallpaper, carpets and decorative finishes across the usable rooms.
- Update the older fitted kitchen and bathroom finishes to give the interior a more current feel.
- Make the most of the established garden, driveway, gated side access and detached garage; selective pruning could open up the garden presentation.
Key risks
- At the current asking price, adding the £6,000–£13,000 refurbishment budget puts the purchase cost above the local average-value benchmark for this floor area.
- Purchase plus works may take you to around £309,500 all-in — £9,500 of works on top of the asking price, leaving a gap of around 15% versus area norms for this sqft — current-condition benchmarks only, not after-works GDV.
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Finance
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Illustrative repayments based on the asking price, not a mortgage offer.
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Current average 2-year fixed rate is 4.45%
Current average variable rate is 6.60%
Monthly Repayments
£1,133
Based on a loan of £225,000 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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