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Carisbrooke Road, Leicester LE2

East Midlands

£450,000
Listed on 10/05/2026

Property Details

Bedrooms
5
Type
Semi Detached
Area
1772 sqft

Description

This extended character home presents a valuable opportunity for renovation enthusiasts and investors alike, offering ample space that can be customized to reflect contemporary tastes. The property is devoid of any upward chain, facilitating a smooth transition for potential buyers. While it is ready for some modernization, the existing layout can be expanded or reconfigured to enhance functionality and comfort.

The entrance hallway welcomes you with brightness, leading into the spacious lounge-dining room—a central feature ideal for social gatherings, which opens onto a patio terrace to seamlessly connect indoor and outdoor living. The kitchen-diner offers practical utility, currently serving as a comfortable family meal space with excellent views of the rear garden but has considerable potential for an upgrade.

Upstairs, multiple generously sized double bedrooms—along with a flexible single bedroom—provide versatile options for family living or home working setups. These rooms share a family bathroom equipped with a shower over the bath.

The rear garden stands out as an attractive feature for gardening enthusiasts, boasting a large lawn alongside established plants and fruit trees. The front of the property includes a block-paved driveway that offers ample parking and leads to the garage connected to a useful utility area and WC.

With gas central heating and double glazing already in place, this property is ideal for families or professionals looking for sizable accommodation in an appealing area. An investment here could yield significant returns through thoughtful renovations.

Investment Analysis

(LE2 area)

Below Market Value

This property is priced -10.2% below area average per sq ft

-10.2%
Potential saving
This Property
£254/sq ft
Area Average
£283/sq ft
Avg Rent (weekly)
£244
Avg Yield
4.1%

Renovation Potential

Medium Refurb
Est. Renovation Cost
£25,000 - £40,000
Target Value
£550,941
10% above area average per sq ft
Potential ROI
+12.4%
After renovation
Note: Renovation cost estimates are AI-generated based on property location and general characteristics, and may not reflect actual costs.
Monthly Sales
76
Average per month
Market Turnover
11%
Properties sold annually

Local Market Trend (LE2)

Area prices are falling by -3.9% over the last 12 months
3 year growth: -2.0%
5 year growth: +8.5%
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

Carisbrooke Road, Leicester LE2
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Mortgage Calculator

£
£
£
%
%
years

Current average 2-year fixed rate is 3.97%

Current average variable rate is 6.59%

Monthly Repayments
£1,605
Based on a loan of £337,500 over 30 years at 3.97% 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.

Stamp Duty Calculator

Price History

-5.3% since listed
£450,000£25,000(-5.3%)
10/05/2026
Current price
£475,000Initial listing
17/03/2026

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