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Monterey Court, Leicester LE5

East Midlands

£549,000

Listed on 31/05/2026

Property details

Bedrooms
5
Type
Detached
Area
2133 sqft

Description

This five-bedroom detached home by Crest Nicholson presents a valuable opportunity within the desirable Humberstone area. Set on a generous corner plot, this property is perfect for families who value space and convenience. The layout includes two master bedrooms with en-suite facilities, complemented by three additional double bedrooms, making it well-suited for larger families or those needing extra guest space. The interior includes a large reception area, a versatile home office that could also serve as additional living space, a family bathroom, and a ground floor WC, all maintained to a good standard and ready for immediate occupancy. Outside, the property features an expansive rear garden enclosed by wooden fencing—ideal for children to play or for summer gatherings. There is considerable potential to further develop this outdoor space (subject to planning permissions), allowing new owners to customize it to their liking. The secure gated driveway can accommodate multiple vehicles, and there's flexibility for additional parking options on the street. Located in a peaceful cul-de-sac with excellent local amenities and schools nearby, this property not only offers comfortable living but also presents renovation potential to enhance its overall appeal and value. Early viewing is recommended to fully appreciate its investment possibilities.

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Investment analysis

(LE5 area)

Below Market Value

This property is priced -9.4% below area average per sq ft

-9.4%
Potential saving
This Property
£257/sq ft
Area Average
£284/sq ft
Avg Rent (weekly)
£246
Avg Yield
4.2%

Renovation Potential

Medium Refurb
Est. Renovation Cost
£15,000 - £30,000
Target Value
£666,584
10% above area average per sq ft
Potential ROI
+15.1%
After renovation
Note: Renovation cost estimates are AI-generated based on property location and general characteristics, and may not reflect actual costs.
Monthly Sales
41
Average per month
Market Turnover
13%
Properties sold annually

Local Market Trend (LE5)

Area prices are stable by -1.8% over the last 12 months
3 year growth: +3.5%
5 year growth: +13.3%
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

Monterey Court, Leicester LE5
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Mortgage calculator

£
£
£
%
%
years

Current average 2-year fixed rate is 4.45%

Current average variable rate is 6.60%

Monthly Repayments
£2,074
Based on a loan of £411,750 over 30 years at 4.45% 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

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