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Swannington Road, Leicester LE3 - Image 1
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Swannington Road, Leicester LE3

East Midlands

£145,000
Listed on 25/02/2026

Property Details

Bedrooms
3
Type
Semi-detached house
Area
730 sqft

Description

This three-bedroom semi-detached home is situated in a desirable area of LE3, offering significant renovation potential for discerning buyers. The property features a welcoming reception room, a functional kitchen, and three spacious bedrooms, making it an excellent option for families or first-time investors looking to add value through updates and modifications. The traditional exterior leads to an inviting interior where the adaptable reception room can be tailored to your personal style. The kitchen presents both functionality and an opportunity for a contemporary overhaul, including the option to reconfigure or extend (subject to planning permission) to create an open-plan living space that aligns with modern preferences. Upstairs offers three generously sized bedrooms, perfect for family needs or as versatile spaces for guests or home offices. The existing bathroom is practical but ready for modernisation to reflect your taste. The private rear garden provides ample scope for landscaping and creating an outdoor oasis tailored to your lifestyle. Located within a friendly community, the property enjoys easy access to local amenities such as schools, parks, and transport links into Leicester city centre—all key factors contributing to its long-term investment viability. This property not only serves current needs but also holds significant potential for future enhancement and value appreciation.

Investment Analysis

(LE3 area)

Below Market Value

This property is priced -21.3% below area average per sq ft

-21.3%
Potential saving
This Property
£199/sq ft
Area Average
£252/sq ft
Avg Rent (weekly)
£259
Avg Yield
5.3%

Renovation Potential

Medium Refurb
Est. Renovation Cost
£20,000 - £35,000
Target Value
£202,717
10% above area average per sq ft
Potential ROI
+12.6%
After renovation
Note: Renovation cost estimates are AI-generated based on property location and general characteristics, and may not reflect actual costs.
Monthly Sales
74
Average per month
Market Turnover
35%
Properties sold annually

Local Market Trend (LE3)

Area prices are stable by -0.5% over the last 12 months
3 year growth: +0.3%
5 year growth: +21.8%
Investment Disclaimer: Analysis based on LE3 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

Swannington Road, Leicester LE3
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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
£523
Based on a loan of £108,750 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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