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Norman Street, Leicester LE3 - Image 1
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Norman Street, Leicester LE3

East Midlands

£285,000
Listed on 12/04/2026

Property Details

Bedrooms
3
Type
Detached

Description

This three-bedroom detached home presents a unique renovation opportunity in the desirable West End of Leicester. Positioned on Norman Street, the property is distinct from the typical terraced houses in the area, featuring its own private driveway and spacious rear garden—an uncommon find in this postcode. The residence requires extensive modernisation throughout, providing a flexible blank canvas for those looking to personalise their living space or for investors aiming for a profitable project. With well-sized bedrooms situated on the first floor and a generous outdoor area ideal for families seeking tranquility in an urban setting, this property stands out as a prime candidate for refurbishment. Its location ensures easy access to local amenities, including shops and cafes along Narborough Road, as well as proximity to De Montfort University and Leicester Royal Infirmary. This home is offered without onward chain, facilitating a smooth acquisition for potential buyers.

Investment Analysis

(LE3 area)
Area Average
£254/sq ft
Avg Rent (weekly)
£251
Avg Yield
5.1%

Renovation Potential

Heavy Refurb
Est. Renovation Cost
£70,000 - £100,000
Note: Renovation cost estimates are AI-generated based on property location and general characteristics, and may not reflect actual costs.
Monthly Sales
79
Average per month
Market Turnover
15%
Properties sold annually

Local Market Trend (LE3)

Area prices are stable by -1.9% over the last 12 months
3 year growth: -0.7%
5 year growth: +18.2%
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

Norman Street, Leicester LE3
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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
£1,009
Based on a loan of £213,750 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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