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Monterey Court, Leicester LE5 - Image 1
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Monterey Court, Leicester LE5

East Midlands

£549,000
Listed on 26/04/2026

Property Details

Bedrooms
5
Type
Detached
Area
2133 sqft

Description

This five-bedroom detached home by Crest Nicholson offers a unique investment opportunity in the desirable Humberstone area. Positioned on a generous corner plot within a quiet, gated cul-de-sac, this property is well-suited for families or those looking to invest in a spacious residence with potential for enhancement. The layout includes two master bedrooms with en-suite facilities and three additional double bedrooms, plus essential amenities such as a family bathroom and ground floor WC. The interior is well-maintained but could benefit from personal touches and modern updates to maximize its appeal. The home office, originally part of a garage conversion, provides flexible space that could be adapted further to suit various needs. Ample parking for six to seven vehicles is available on the driveway, and there’s potential for further external development or landscaping in the sizeable rear garden (subject to planning permissions), making it an ideal project for those looking to create outdoor entertainment areas. Located close to local conveniences on Uppingham Road and excellent schools, this property combines peaceful living with accessibility. Its location within a highly sought-after residential community enhances its investment value, providing an excellent canvas for future customizations and improvements.

Investment Analysis

(LE5 area)

Below Market Value

This property is priced -9.6% below area average per sq ft

-9.6%
Potential saving
This Property
£257/sq ft
Area Average
£285/sq ft
Avg Rent (weekly)
£237
Avg Yield
4.0%

Renovation Potential

Medium Refurb
Est. Renovation Cost
£25,000 - £40,000
Target Value
£667,874
10% above area average per sq ft
Potential ROI
+13.4%
After renovation
Note: Renovation cost estimates are AI-generated based on property location and general characteristics, and may not reflect actual costs.
Monthly Sales
35
Average per month
Market Turnover
13%
Properties sold annually

Local Market Trend (LE5)

Area prices are falling by -2.1% over the last 12 months
3 year growth: +3.4%
5 year growth: +14.5%
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 3.97%

Current average variable rate is 6.59%

Monthly Repayments
£1,959
Based on a loan of £411,750 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.

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