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St. Helens Drive, Leicester LE4

East Midlands

£325,000
Listed on 01/10/2025

Property Details

Bedrooms
3
Type
Detached house
Area
1333 sqft

Description

This three-bedroom detached home, located in a well-established residential neighborhood, presents an intriguing opportunity for those seeking a renovation project or investment. With its spacious layout and substantial garden, this property is ideally suited for buyers looking to personalize their living space or enhance its market value. Upon entering, you are greeted by a practical porch and entrance hall that leads to a bright living room at the front of the house. Adjacent to this, the sizable dining room at the rear provides a versatile area for family gatherings or entertaining guests. The kitchen offers ample potential for reconfiguration or expansion, subject to necessary permissions, making it an excellent candidate for modernization. The upper level features two sizeable double bedrooms alongside a third single bedroom, catering well to families or individuals requiring a home office. The family bathroom is functional and spacious enough to allow for updates that reflect modern tastes. A key highlight of this property is the extensive rear garden, which holds considerable promise for transformation into an outdoor haven – whether that be for relaxation or social events. Additionally, the detached garage enhances practicality with potential uses ranging from storage to workshop space. Off-street parking options add further convenience. Although some modernization is needed throughout the home, it offers structural integrity and immediate livability while being ripe for enhancement. This makes it particularly appealing for investors and renovators eager to undertake a rewarding project in a sought-after locale. Situated in a tranquil street that’s family-friendly and conveniently close to quality schools, shops, and transport links, this property balances potential with advantageous location benefits. It’s an excellent chance for those wishing to invest in a home with inherent possibilities while enjoying community amenities close at hand.

Investment Analysis

(LE4 area)

Below Market Value

This property is priced -17.0% below area average per sq ft

-17.0%
Potential saving
This Property
£244/sq ft
Area Average
£294/sq ft
Avg Rent (weekly)
£247
Avg Yield
4.4%

Renovation Potential

Est. Renovation Cost
£32,500 - £81,250
10-25% of property value
Target Value
£430,799
10% above area average per sq ft
Potential ROI
+6.0%
After renovation
Monthly Sales
50
Average per month
Market Turnover
54%
Properties sold annually

Local Market Trend (LE4)

Area prices are rising by +3.8% over the last 12 months
3 year growth: 8.5%
5 year growth: 32.5%
Investment Disclaimer: Analysis based on LE4 area averages and may not reflect property-specific factors like condition, exact location, or unique features. 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. Helens Drive, Leicester LE4
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