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Grantham Road, Netherhall, Leicester LE5 - Image 1
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Grantham Road, Netherhall, Leicester LE5

East Midlands

£250,000
Listed on 10/10/2025

Property Details

Bedrooms
3
Type
Semi-detached house
Area
625 sqft

Description

This semi-detached corner home features three bedrooms and a generous outdoor space, making it an appealing option for those interested in renovation or investment opportunities. Located in the sought-after Netherhall area, the property is offered with no onward chain, facilitating a smooth transition for potential buyers. The home sits on a substantial plot that offers various possibilities for enhancement, including off-road parking for multiple vehicles and ample room for extension, subject to obtaining the necessary planning permissions. Entering through the hallway, one is greeted by a bright lounge characterized by its bay window and dual-aspect design, ensuring natural light fills the space. The kitchen comprises a range of base and eye-level units, providing a functional layout that's ready for modernization. It includes plumbing access that can support the installation of additional utilities. A ground-floor bathroom with both a bathtub and shower adds convenience to everyday living. The rear lobby not only allows for extra storage but also opens up potential for an additional WC, making it versatile for family use. On the upper level, there are three well-sized bedrooms that are practical and could be refreshed or reconfigured according to personal taste. The main bedroom includes built-in storage and accommodates essential utilities like the gas combination boiler. Externally, the property boasts a spacious rear garden primarily paved for low maintenance while still being enclosed to ensure privacy. A storage shed offers utility options, and there is gated access to the front of the property. Nestled within an established residential neighborhood, this home enjoys proximity to local schools, shops, and transport links—making it suitable not only for first-time buyers but also as a potential rental investment or family dwelling. The location’s community feel combined with its renovation potential provides significant scope for future value enhancement.

Investment Analysis

(LE5 area)

Above Market Value

This property is priced +42.1% above area average per sq ft

+42.1%
This Property
£400/sq ft
Area Average
£282/sq ft
Avg Rent (weekly)
£264
Avg Yield
4.6%

Renovation Potential

Est. Renovation Cost
£25,000 - £62,500
10-25% of property value
Target Value
£193,531
10% above area average per sq ft
Potential ROI
-38.1%
After renovation
Monthly Sales
23
Average per month
Market Turnover
23%
Properties sold annually

Local Market Trend (LE5)

Area prices are rising by +4.2% over the last 12 months
3 year growth: 10.6%
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

Grantham Road, Netherhall, Leicester LE5
Map showing location of Grantham Road, Netherhall, Leicester LE5
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