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Evington Drive, Leicester LE5 - Image 1
Evington Drive, Leicester LE5 - Image 2
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Evington Drive, Leicester LE5

East Midlands

£349,000
Listed on 10/09/2025

Property Details

Bedrooms
N/A
Type
Detached house

Description

This property presents a compelling opportunity for those interested in renovation and investment. Located in the thriving suburb of Evington, this expansive plot offers the potential for comprehensive development in a community known for its accessibility to local amenities, including schools, shops, and places of worship. Approved planning permission is in place for a substantial five-bedroom detached home, designed to span two and a half stories (Class C3). This approval not only streamlines the construction process but also enhances the plot's attractiveness to future buyers or renters in this desirable area. The site itself allows for creative input and customization, making it an ideal canvas for self-build enthusiasts looking to establish their dream family home. With the right vision and execution, this property can transform into a high-value residence within Leicester’s growing real estate market. The location's growth potential further underscores its appeal as an investment opportunity.

Investment Analysis

(LE5 area)
Area Average
£282/sq ft
Avg Rent (weekly)
£268
Avg Yield
4.6%

Renovation Potential

Est. Renovation Cost
£34,900 - £87,250
10-25% of property value
Monthly Sales
32
Average per month
Market Turnover
31%
Properties sold annually

Local Market Trend (LE5)

Area prices are rising by +3.6% over the last 12 months
3 year growth: 11.1%
5 year growth: 29.6%
Investment Disclaimer: Analysis based on LE5 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

Evington Drive, Leicester LE5
Map showing location of Evington Drive, Leicester LE5
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