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Blankley Drive, Stoneygate LE2 - Image 1
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Blankley Drive, Stoneygate LE2

East Midlands

£350,000
Listed on 03/04/2026

Property Details

Bedrooms
3
Type
Semi Detached
Area
1119 sqft

Description

Nestled at the end of a serene cul-de-sac in Stoneygate, this three-bedroom semi-detached property presents a unique opportunity for those looking to invest in a home with significant renovation potential. Offered for sale for the first time in over forty years, the residence retains its character while requiring modernization throughout. Its traditional red-brick exterior and charming bay windows suggest a blend of period charm waiting to be transformed into contemporary living spaces. The property is slightly elevated from the street, featuring a private front garden with established planting that enhances its appeal and privacy. Inside, the spacious layout includes a welcoming entrance hall leading to two reception rooms that are connected by elegant oak-framed glazed doors. The front room benefits from abundant natural light through its bay window, while the second reception is strategically positioned for easy access to the kitchen and conservatory area. Although the kitchen requires refurbishment, it offers great size and potential for an open-plan or stylish redesign overlooking the tranquil rear garden. On the upper floor, a spacious landing leads to three bedrooms; two generous doubles equipped with built-in wardrobes and a versatile third room suitable for guests or as a home office. A recently updated shower room provides modern convenience while complementing the original features of the home. The enclosed rear garden stands as a private retreat, filled with mature trees and shrubs, offering diverse zones for relaxation and entertainment – perfect for landscaping or even extending the property further. The front of the house accommodates off-road parking alongside further on-street options. This home's combination of original features and expansive spaces presents an exceptional chance to create a tailor-made modern residence in one of Leicester's most desirable suburbs.

Investment Analysis

(LE2 area)

Above Market Value

This property is priced +11.5% above area average per sq ft

+11.5%
This Property
£313/sq ft
Area Average
£281/sq ft
Avg Rent (weekly)
£238
Avg Yield
4.1%

Renovation Potential

Medium Refurb
Est. Renovation Cost
£25,000 - £40,000
Target Value
£345,267
10% above area average per sq ft
Potential ROI
-11.5%
After renovation
Note: Renovation cost estimates are AI-generated based on property location and general characteristics, and may not reflect actual costs.
Monthly Sales
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

Blankley Drive, Stoneygate 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
£1,240
Based on a loan of £262,500 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.

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