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Kingsway, Leicester LE3

East Midlands

£245,000

Listed on 31/05/2026

Property Details

Bedrooms
3
Type
Semi Detached
Area
893 sqft

Description

This three-bedroom semi-detached house in Braunstone Town is positioned in a desirable residential area, offering an appealing opportunity for those keen to invest or renovate. The property is available without any upward chain, making it an ideal choice for swift acquisition. Upon entering, you'll find a spacious entrance hallway leading to a generous lounge and adjoining dining room, providing a solid foundation for modern living. The kitchen, adjacent to the main living areas, features functional layout with fitted units and ample worktop space, along with provision for freestanding appliances. This area presents significant scope for contemporary upgrades to suit various personal styles. The first floor accommodates three ample bedrooms; the primary includes fitted wardrobes for convenience. A family bathroom boasts retro-style tiling that adds character, complemented by a separate WC. Outside, the garden offers a blend of lawn and planting spots with mature shrubs, providing potential for landscaping or outdoor leisure activities. A paved path leads to the garage, usable as extra storage or workshop space. With additional elements such as an electric feature fireplace enhancing the lounge ambiance and a versatile conservatory extending living space options, this home scores high on adaptability. Front-facing views of well-maintained local parkland add to its charm. Off-road parking for two vehicles and side access to the single garage enhances functionality. Recent updates include a British Gas-installed central heating system complete with boiler (under warranty until 2025), partly double-glazed windows throughout, and new front and rear doors. Situated close to local amenities and schools like Kingsway Primary School and Winstanley School makes this property particularly family-friendly while also benefiting from excellent transport links to major routes and Leicester City Centre.

Investment Analysis

(LE3 area)

Above Market Value

This property is priced +7.5% above area average per sq ft

+7.5%
This Property
£274/sq ft
Area Average
£255/sq ft
Avg Rent (weekly)
£246
Avg Yield
4.9%

Renovation Potential

Medium Refurb
Est. Renovation Cost
£15,000 - £25,000
Target Value
£250,781
10% above area average per sq ft
Potential ROI
-7.1%
After renovation
Note: Renovation cost estimates are AI-generated based on property location and general characteristics, and may not reflect actual costs.
Monthly Sales
75
Average per month
Market Turnover
14%
Properties sold annually

Local Market Trend (LE3)

Area prices are stable by -0.5% over the last 12 months
3 year growth: +0.4%
5 year growth: +17.3%
Investment Disclaimer: Analysis based on LE3 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

Kingsway, Leicester LE3
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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
£926
Based on a loan of £183,750 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

Price History

-2.0% since listed
£245,000£5,000(-2.0%)
30/05/2026
Current price
£250,000Initial listing
03/04/2026

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