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Main Street, Humberstone, Leicester, Leicestershire LE5

East Midlands

£550,000

Listed on 15/06/2026

Property details

Bedrooms
4
Type
Detached

Description

This four-bedroom detached home in the Humberstone area of Leicester presents an exceptional opportunity for a complete renovation, ideal for those looking to invest or create their dream family residence. The property boasts generous internal space, including two en-suite bedrooms, but requires extensive refurbishment due to issues such as damp, damaged roofing, and general disrepair throughout. With the potential for a full redesign and modernization, this property offers a blank canvas for buyers to enhance its value and tailor it to personal tastes. Located conveniently near local amenities, schools, and transport links, this house is positioned perfectly for a future family home. Expect work that includes remedial repairs, extensive cosmetic updates, redecoration, and improvements to flooring and ceilings alongside damp treatment. This could be a rare chance to transform an overlooked property into something truly special.

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Investment analysis

(LE5 area)
Area Average
£284/sq ft
Avg Rent (weekly)
£246
Avg Yield
4.2%

Renovation Potential

Heavy Refurb
Est. Renovation Cost
£60,000 - £90,000
Note: Renovation cost estimates are AI-generated based on property location and general characteristics, and may not reflect actual costs.
Monthly Sales
41
Average per month
Market Turnover
13%
Properties sold annually

Local Market Trend (LE5)

Area prices are stable by -1.8% over the last 12 months
3 year growth: +3.5%
5 year growth: +13.3%
Investment Disclaimer: Analysis based on LE5 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

Main Street, Humberstone, Leicester, Leicestershire LE5
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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
£2,078
Based on a loan of £412,500 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

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