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Knighton Road, Leicester LE2

East Midlands

£800,000
Listed on 17/04/2026

Property Details

Bedrooms
5
Type
Semi Detached
Area
2196 sqft

Description

This spacious family residence in the desirable Stoneygate area offers a unique blend of traditional charm and contemporary features, presenting significant renovation potential. Upon entering, you're greeted by an impressive dog-leg staircase and a welcoming entrance hall that sets the tone for the rest of the home. The well-appointed kitchen boasts modern high-gloss cabinetry paired with striking worktops and integrated appliances, though updating may enhance its appeal further. The sitting/dining room features seamless wooden flooring and French doors leading to a courtyard, providing possibilities for expansion or reconfiguration, subject to planning permissions. The property includes a versatile music room which could easily be transformed into an additional reception space or study. A character-filled library with exposed beams offers further opportunities for conversion to meet personal needs. Upstairs, five generous bedrooms provide comfortable living spaces; however, some areas may benefit from modernizing to maximize their potential. The outdoor space is equally appealing, featuring a private garden that is perfect for entertaining but could be enhanced with landscaping or additional outdoor structures. With off-road parking available, this property not only accommodates family life but also presents an opportunity for savvy investors looking to add value through thoughtful renovations. This home is ideally positioned just 1.5 miles from Leicester City Centre and surrounded by quality local amenities and schools.

Investment Analysis

(LE2 area)

Above Market Value

This property is priced +29.9% above area average per sq ft

+29.9%
This Property
£364/sq ft
Area Average
£281/sq ft
Avg Rent (weekly)
£238
Avg Yield
4.1%

Renovation Potential

Medium Refurb
Est. Renovation Cost
£50,000 - £80,000
Target Value
£677,576
10% above area average per sq ft
Potential ROI
-23.0%
After renovation
Note: Renovation cost estimates are AI-generated based on property location and general characteristics, and may not reflect actual costs.
Monthly Sales
75
Average per month
Market Turnover
11%
Properties sold annually

Local Market Trend (LE2)

Area prices are stable by -2.0% over the last 12 months
3 year growth: -0.4%
5 year growth: +10.7%
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

Knighton Road, Leicester LE2
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Mortgage Calculator

£
£
£
%
%
years

Current average 2-year fixed rate is 3.91%

Current average variable rate is 6.62%

Monthly Repayments
£2,833
Based on a loan of £600,000 over 30 years at 3.91% 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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