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Francis Street, Leicester LE2

East Midlands

£290,000
Listed on 05/10/2025

Property Details

Bedrooms
2
Type
Terraced house
Area
1395 sqft

Description

This two-bedroom terraced home presents a unique opportunity for renovation and investment in a sought-after residential neighborhood. Ideal for first-time buyers or investors looking to add value, the property is set within an area known for its community spirit and convenient access to local amenities. Upon entering, you’ll find two spacious reception rooms that offer versatility for various living arrangements. These areas can be adapted to fit your personal style or reconfigured to enhance the overall layout. The kitchen, while functional, offers ample cupboard and countertop space—providing a good foundation for potential upgrades that could maximize both utility and aesthetics. The cellar adds another layer of appeal, offering plentiful storage or the chance for future conversion into additional living space, dependent on necessary permissions. His extra square footage could significantly elevate the property's value. The upstairs features two bright bedrooms along with a family bathroom finished in neutral tones. Each room has potential for personalization, making it easy to transform these spaces into comfortable retreats. A standout feature of the property is the rear garden—a private outdoor space that invites relaxation and recreation. With some landscaping and design, this area could become a lovely focal point of the home. Additionally, a separate garage at the back provides practical storage solutions or parking options. Overall, this terrace not only promises comfortable living but also offers significant potential for renovation and investment growth in a vibrant part of town. Whether you're looking to create your dream home or seeking an opportunity to enhance your portfolio, this property is worth considering.

Investment Analysis

(LE2 area)

Below Market Value

This property is priced -25.4% below area average per sq ft

-25.4%
Potential saving
This Property
£208/sq ft
Area Average
£279/sq ft
Avg Rent (weekly)
£219
Avg Yield
3.9%

Renovation Potential

Est. Renovation Cost
£29,000 - £72,500
10-25% of property value
Target Value
£427,742
10% above area average per sq ft
Potential ROI
+18.0%
After renovation
Monthly Sales
48
Average per month
Market Turnover
22%
Properties sold annually

Local Market Trend (LE2)

Area prices are falling by +3.2% over the last 12 months
3 year growth: 3.1%
5 year growth: 20.3%
Investment Disclaimer: Analysis based on LE2 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

Francis Street, Leicester LE2
Map showing location of Francis Street, Leicester LE2
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