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Stanhope Street, Leicester LE5 - Image 1
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Stanhope Street, Leicester LE5

East Midlands

£210,000
Listed on 19/11/2025

Property Details

Bedrooms
3
Type
Terraced house

Description

This traditional mid-terrace house, owned by a single family since 1952, presents an exceptional opportunity for renovation and investment in Leicester. The property showcases the classic architecture of the post-World War II era, with the potential for modern updates that can enhance its appeal and value. The layout includes two inviting reception rooms that facilitate open-plan living, along with a galley-style kitchen. A spacious bathroom is conveniently located on the ground floor. Upstairs, you’ll find three well-sized bedrooms that provide ample space for customization—ideal for those wanting to personalize their living environment or capitalize on rental potential. Outside, there is on-street parking available alongside a courtyard-style garden at the rear, creating a private outdoor space for relaxation or gardening enthusiasts. The property benefits from UPVC double glazing throughout but requires modernization to improve energy efficiency and bring it up to current standards; it currently has an EPC rating of F. Situated on a quiet street in North Evington, this home is within walking distance of various local shops, eateries, and community amenities along St Saviours Road and East Park Road. The area provides good access to places of worship and reputable schools and is just a short walk from Spinney Hill Park—a valuable green space for recreation. This property offers significant renovation potential and serves as an attractive investment option within this desirable residential neighborhood. Ideal for first-time buyers looking for a project or investors aiming to expand their portfolio, this home awaits new owners eager to write its next chapter.

Investment Analysis

(LE5 area)
Area Average
£284/sq ft
Avg Rent (weekly)
£245
Avg Yield
4.3%

Renovation Potential

Medium Refurb
Est. Renovation Cost
£25,000 - £40,000
Note: Renovation cost estimates are AI-generated based on property location and general characteristics, and may not reflect actual costs.
Monthly Sales
33
Average per month
Market Turnover
14%
Properties sold annually

Local Market Trend (LE5)

Area prices are rising by +2.1% over the last 12 months
3 year growth: 8.3%
5 year growth: 24.8%
Investment Disclaimer: Analysis based on LE5 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

Stanhope Street, Leicester LE5
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Mortgage Calculator

£
£
£
%
%
years

Current average 2-year fixed rate is 4.19%

Current average variable rate is 6.78%

Monthly Repayments
£769
Based on a loan of £157,500 over 30 years at 4.19% 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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YOUR HOME MAY BE REPOSSESSED IF YOU DO NOT KEEP UP REPAYMENTS ON YOUR MORTGAGE