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Milligan Road, Leicester LE2 - Image 1
Milligan Road, Leicester LE2 - Image 2
Milligan Road, Leicester LE2 - Image 3

Milligan Road, Leicester LE2

East Midlands

£190,000
Listed on 16/09/2025

Property Details

Bedrooms
3
Type
Terraced house

Description

This three-bedroom property presents a unique opportunity for both renovation enthusiasts and savvy investors looking to capitalize on its potential. The layout features two reception rooms that provide versatility, allowing for creative reimagining of the interior spaces. The front lounge, characterized by its double-glazed bay window, offers an abundance of natural light, creating a welcoming ambience. Its connection to the entrance porch—equipped with a double-glazed window and door—adds practicality for storing shoes and coats. This room could serve multiple purposes, whether you envision it as a cozy family sitting area or an inviting living room. Adjacent to the lounge, the dining room benefits from rear-facing double-glazed windows that fill the space with light. With laminate flooring offering a contemporary touch, along with direct access to both the kitchen and staircase, this area is primed for transformation into a vibrant family hub or multifunctional space. An under-stairs storage cupboard provides extra convenience for everyday living. The kitchen is notably a blank canvas, equipped with essential wall and base units as well as plumbing and gas connections ready for your customization. The existing stainless-steel sink drainer and provision for appliances underscore its functional nature while inviting you to inject your personal style. A practical rear hall links the kitchen to

Investment Analysis

(LE2 area)
Area Average
£278/sq ft
Avg Rent (weekly)
£220
Avg Yield
4.0%

Renovation Potential

Est. Renovation Cost
£19,000 - £47,500
10-25% of property value
Monthly Sales
63
Average per month
Market Turnover
28%
Properties sold annually

Local Market Trend (LE2)

Area prices are falling by +3.8% over the last 12 months
3 year growth: 3.6%
5 year growth: 20.5%
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

Milligan Road, Leicester LE2
Map showing location of Milligan Road, Leicester LE2
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