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Avenue Road Extension, Leicester LE2

East Midlands

£270,000
Listed on 21/02/2026

Property Details

Bedrooms
3
Type
Semi-detached house
Area
916 sqft

Description

This spacious end-terraced house presents an excellent opportunity for both first-time buyers and investors looking to enhance their property portfolio. Located adjacent to Queens Road and in close proximity to The University of Leicester, this three-bedroom home has undergone significant renovations, making it a comfortable living space while still holding potential for further value addition. Notably, there exists the scope to convert the large attic into a fourth double bedroom, pending necessary planning approval, which could greatly increase rental income or resale value. The ground floor comprises two reception rooms, a well-equipped modern kitchen, and a fully refurbished bathroom with contemporary fixtures. Additional benefits include full central heating and double glazing for energy efficiency throughout the seasons. The private garden offers outdoor space for relaxation or storage needs. This freehold property is sold with no chain, facilitating a straightforward transaction. Nestled in a vibrant area with easy access to educational institutions and local amenities, this home is ideal for those seeking both comfort and future investment potential.

Investment Analysis

(LE2 area)

Above Market Value

This property is priced +5.5% above area average per sq ft

+5.5%
This Property
£295/sq ft
Area Average
£279/sq ft
Avg Rent (weekly)
£252
Avg Yield
4.4%

Renovation Potential

Medium Refurb
Est. Renovation Cost
£20,000 - £35,000
Target Value
£281,523
10% above area average per sq ft
Potential ROI
-7.7%
After renovation
Note: Renovation cost estimates are AI-generated based on property location and general characteristics, and may not reflect actual costs.
Monthly Sales
64
Average per month
Market Turnover
28%
Properties sold annually

Local Market Trend (LE2)

Area prices are stable by -1.1% over the last 12 months
3 year growth: -0.1%
5 year growth: +14.1%
Investment Disclaimer: Analysis based on LE2 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

Avenue Road Extension, Leicester LE2
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Mortgage Calculator

£
£
£
%
%
years

Current average 2-year fixed rate is 4.06%

Current average variable rate is 6.81%

Monthly Repayments
£974
Based on a loan of £202,500 over 30 years at 4.06% 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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