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Stonesby Avenue, Leicester LE2 - Image 1
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Stonesby Avenue, Leicester LE2

East Midlands

£175,000
Listed on 22/02/2026

Property Details

Bedrooms
3
Type
Semi-detached house

Description

This three-bedroom semi-detached property presents a promising opportunity for cash buyers looking to invest in a home with significant potential for modernization. Situated on the outskirts of Leicester, near the vibrant Wigston town center, this residence offers a spacious layout ideal for personal customization. The ground floor features an entrance hallway leading into a bright living room adorned with a feature fireplace, alongside a well-sized kitchen and a separate dining area, perfect for entertaining or family gatherings. Upstairs, you will find three generous bedrooms including a sizable master, complemented by a three-piece family bathroom. The private rear garden is enclosed and includes patio areas that invite future landscaping projects or outdoor amenities. While it benefits from gas central heating and ample storage space throughout, there is room for enhancement to truly make this space your own or to boost rental yield. Excellent local amenities and transport links further enhance its appeal as both a first-time buy and investment project.

Investment Analysis

(LE2 area)
Area Average
£279/sq ft
Avg Rent (weekly)
£252
Avg Yield
4.4%

Renovation Potential

Medium Refurb
Est. Renovation Cost
£20,000 - £35,000
Note: Renovation cost estimates are AI-generated based on property location and general characteristics, and may not reflect actual costs.
Monthly Sales
64
Average per month
Market Turnover
28%
Properties sold annually

Local Market Trend (LE2)

Area prices are stable by -1.1% over the last 12 months
3 year growth: -0.1%
5 year growth: +14.1%
Investment Disclaimer: Analysis based on LE2 area averages and may not reflect property-specific factors like condition, exact location, or unique features. Any renovation cost estimates provided are AI-generated and should be considered indicative only. 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

Stonesby Avenue, Leicester LE2
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Mortgage Calculator

£
£
£
%
%
years

Current average 2-year fixed rate is 4.06%

Current average variable rate is 6.81%

Monthly Repayments
£631
Based on a loan of £131,250 over 30 years at 4.06% interest

These results are estimates and are only intended as a guide. Make sure you obtain accurate figures from your lender before committing to any mortgage. Your home may be repossessed if you do not keep up repayments on a mortgage.

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