Worst House on the Street Logo
Monterey Court, Leicester LE5 - Image 1
Monterey Court, Leicester LE5 - Image 2
Monterey Court, Leicester LE5 - Image 3

Monterey Court, Leicester LE5

East Midlands

£549,000
Listed on 26/03/2026

Property Details

Bedrooms
5
Type
Detached
Area
2133 sqft

Description

This five-bedroom detached property by Crest Nicholson offers a significant opportunity for transformation, set on a generous corner plot in the desirable area of Humberstone. The home currently features two master suites with en-suite bathrooms and three additional double bedrooms, accommodating family living comfortably. While the interiors are well-maintained and decorated, there exists potential for further enhancements to tailor the spaces to modern needs or aesthetic preferences. The layout includes multiple reception areas and an adaptable home office space that was previously a garage conversion. Situated in a secure gated cul-de-sac with ample off-road parking for six to seven vehicles, this property is ideal for families seeking both comfort and convenience. The outdoor area boasts a large enclosed garden, primarily laid to lawn, which presents opportunities for expansion or landscaping projects (subject to planning permission) to create personalized outdoor living spaces. With local amenities and schools nearby, as well as access to scenic walks and Leicester city center, this location balances tranquil residential living with excellent connectivity. Investors will find value in the prospect of capitalizing on this property's already generous footprint while exploring options for further development that could significantly enhance its market worth.

Investment Analysis

(LE5 area)

Below Market Value

This property is priced -8.8% below area average per sq ft

-8.8%
Potential saving
This Property
£257/sq ft
Area Average
£282/sq ft
Avg Rent (weekly)
£236
Avg Yield
4.0%

Renovation Potential

Medium Refurb
Est. Renovation Cost
£40,000 - £60,000
Target Value
£662,243
10% above area average per sq ft
Potential ROI
+8.7%
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
37%
Properties sold annually

Local Market Trend (LE5)

Area prices are stable by +1.7% over the last 12 months
3 year growth: +5.9%
5 year growth: +19.2%
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
Loading map...

Mortgage Calculator

£
£
£
%
%
years

Current average 2-year fixed rate is 4.06%

Current average variable rate is 6.81%

Monthly Repayments
£1,980
Based on a loan of £411,750 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.

Next Steps

Explore services to help you with this property purchase.

Get help with this property

Financing, surveys and more – choose a service and we’ll connect you with our trusted partners.