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Shirley Avenue, Stoneygate, Leicester LE2

East Midlands

£575,000

Listed on 10/06/2026

Property Details

Bedrooms
4
Type
Detached
Area
1604 sqft

Description

Nestled in the sought-after suburb of Stoneygate, this traditional detached residence presents an exciting opportunity for renovation and investment, especially for families looking to create their ideal living space. This home features a blend of original character elements alongside spacious layouts that can be tailored to modern needs. Upon entry, the welcoming hall showcases elegant parquet-style herringbone flooring and leads directly to a convenient garage. The ground floor is composed of three flexible reception rooms, each offering distinct possibilities: from a cozy front room with bay window and fireplace to a bright rear space equipped with French doors that seamlessly connect to the garden. A third room provides additional versatility, perfect for use as a family area or dedicated workspace. The kitchen is serviceable yet could benefit from modernisation; it currently includes a variety of wall and base units, a Range Master cooker, and ample space for appliances. Completing this level are a practical utility room and lobby area. On the first floor, the landing opens up to four well-proportioned bedrooms highlighted by built-in storage solutions. The family bathroom features a charming roll-top bath alongside separate WC facilities, with potential for updates that suit personal tastes. Externally, off-road parking and an enclosed garden enhance the property’s appeal; the outdoor space boasts established greenery alongside paved seating areas—ideal for family gatherings or quiet evenings outdoors. Notably, there is ample scope for extending or altering the property at the rear (subject to planning permissions), allowing further expansion of living space. This residence not only caters to immediate comfort but also offers significant potential for enhancement and value increase through thoughtful renovations.

Investment Analysis

(LE2 area)

Above Market Value

This property is priced +26.6% above area average per sq ft

+26.6%
This Property
£358/sq ft
Area Average
£283/sq ft
Avg Rent (weekly)
£247
Avg Yield
4.2%

Renovation Potential

Medium Refurb
Est. Renovation Cost
£25,000 - £40,000
Target Value
£499,413
10% above area average per sq ft
Potential ROI
-18.8%
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
10%
Properties sold annually

Local Market Trend (LE2)

Area prices are stable by -1.0% over the last 12 months
3 year growth: -1.4%
5 year growth: +10.0%
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

Shirley Avenue, Stoneygate, Leicester LE2
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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
£2,172
Based on a loan of £431,250 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.

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