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Swannington Road, Leicester LE3

East Midlands

£210,000

Listed on 16/05/2026

Property Details

Bedrooms
3
Type
Terraced
Area
700 sqft

Description

This three-bedroom mid-terraced property presents a unique opportunity for those looking to invest or create their dream home in Leicester Fosse. With no onward chain, this property is ready for immediate consideration by first-time buyers, families, and investors seeking to capitalize on the area's growth potential. The off-road parking adds convenience, while the spacious rear garden not only provides outdoor space but also offers possible expansion opportunities, subject to necessary planning permissions. The ground floor comprises an entrance porch leading into a welcoming hallway, a well-proportioned lounge, and a kitchen with essential fittings and plumbing ready for modern upgrades. A lobby connects to a practical downstairs WC. Moving upstairs, you will find three bedrooms that could benefit from cosmetic enhancements along with a family bathroom showing potential for modernization. Nestled in a well-connected area of Leicester Fosse, residents will have easy access to local amenities, reputable schools, and excellent transport links into Leicester city centre. This property is an ideal candidate for renovation that could significantly increase its value.

Investment Analysis

(LE3 area)

Above Market Value

This property is priced +17.7% above area average per sq ft

+17.7%
This Property
£300/sq ft
Area Average
£255/sq ft
Avg Rent (weekly)
£248
Avg Yield
5.0%

Renovation Potential

Medium Refurb
Est. Renovation Cost
£15,000 - £25,000
Target Value
£196,196
10% above area average per sq ft
Potential ROI
-16.5%
After renovation
Note: Renovation cost estimates are AI-generated based on property location and general characteristics, and may not reflect actual costs.
Monthly Sales
81
Average per month
Market Turnover
15%
Properties sold annually

Local Market Trend (LE3)

Area prices are stable by -1.7% over the last 12 months
3 year growth: -0.9%
5 year growth: +17.7%
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

Swannington Road, Leicester LE3
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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
£749
Based on a loan of £157,500 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.

Stamp Duty Calculator

Price History

-6.7% since listed
£210,000£15,000(-6.7%)
02/05/2026
Current price
£225,000Initial listing
03/04/2026

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