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Gelert Avenue, Evington, Leicester LE5 - Image 1
Gelert Avenue, Evington, Leicester LE5 - Image 2
Gelert Avenue, Evington, Leicester LE5 - Image 3

Gelert Avenue, Evington, Leicester LE5

East Midlands

£270,000
Listed on 19/11/2025

Property Details

Bedrooms
2
Type
Semi-detached house
Area
883 sqft

Description

This semi-detached house, featuring two bedrooms, offers an excellent opportunity for those looking to embark on a renovation project. Set on a corner plot, the property includes a spacious lounge diner and a kitchen that provides access to the rear garden. With a convenient downstairs WC and a first-floor shower room, the layout is functional, but the home would greatly benefit from modernisation to enhance its appeal and value. The outdoor areas are generous, including a mature garden landscape with patio space and access to both a garage and driveway at the rear, inviting potential for landscaping improvements. This property is being sold with no upward chain, making it an attractive prospect for savvy investors or new homeowners hoping to add their personal touch.

Investment Analysis

(LE5 area)

Above Market Value

This property is priced +7.8% above area average per sq ft

+7.8%
This Property
£306/sq ft
Area Average
£284/sq ft
Avg Rent (weekly)
£245
Avg Yield
4.3%

Renovation Potential

Medium Refurb
Est. Renovation Cost
£15,000 - £30,000
Target Value
£275,509
10% above area average per sq ft
Potential ROI
-8.2%
After renovation
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

Gelert Avenue, Evington, 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
£989
Based on a loan of £202,500 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