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St. Johns Road, Leicester LE2

East Midlands

£700,000

Listed on 15/05/2026

Property Details

Bedrooms
6
Type
Semi Detached
Area
3176 sqft

Description

This impressive Victorian semi-detached villa, built in 1888, boasts an expansive layout across three levels, presenting a canvas rich in character and potential. With numerous period features such as high ceilings, feature fireplaces, and large windows that invite abundant natural light, this property is not only spacious but brimming with charm. The ground floor welcomes you with a grand entrance hallway leading to two sizable reception rooms filled with character, perfect for family living or entertaining. The kitchen's generous size offers ample opportunity for modern updates while maintaining functionality. A sizeable basement lends further versatility to the space, ideal for storage or as a workshop. Upstairs, six bedrooms await; most are notably spacious and retain original features that appeal to families seeking flexible living arrangements. One room even serves well as an office or nursery, catering to contemporary needs. A family bathroom along with a separate shower room enhances practicality. Outside, enjoy a private rear garden featuring both lawn and patio areas—perfect for relaxing or entertaining—alongside outbuildings that hold great potential for renovation into additional living spaces or workshops. Front off-road parking accommodates two vehicles comfortably. This property represents an exceptional renovation opportunity in a sought-after area of Leicester known for its strong community vibe and proximity to conveniences.

Investment Analysis

(LE2 area)

Below Market Value

This property is priced -22.0% below area average per sq ft

-22.0%
Potential saving
This Property
£220/sq ft
Area Average
£283/sq ft
Avg Rent (weekly)
£244
Avg Yield
4.1%

Renovation Potential

Medium Refurb
Est. Renovation Cost
£50,000 - £80,000
Target Value
£987,466
10% above area average per sq ft
Potential ROI
+26.6%
After renovation
Note: Renovation cost estimates are AI-generated based on property location and general characteristics, and may not reflect actual costs.
Monthly Sales
76
Average per month
Market Turnover
11%
Properties sold annually

Local Market Trend (LE2)

Area prices are falling by -3.9% over the last 12 months
3 year growth: -2.0%
5 year growth: +8.5%
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

St. Johns Road, Leicester LE2
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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
£2,497
Based on a loan of £525,000 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.

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