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Monmouth Drive, Leicester, Leicestershire LE2 - Image 1
Monmouth Drive, Leicester, Leicestershire LE2 - Image 2
Monmouth Drive, Leicester, Leicestershire LE2 - Image 3

Monmouth Drive, Leicester, Leicestershire LE2

East Midlands

£210,000

Listed on 27/06/2026

Property details

Bedrooms
3
Type
Terraced

Description

This three-bedroom terraced property provides a canvas for those eager to implement their design vision. Located in a well-established area of Leicester, it offers ample living space with a large lounge diner that creates a welcoming hub for socializing or family gatherings. The fitted kitchen, while functional, would benefit from updates to maximize its potential. The generously sized bedrooms include two doubles and a versatile single, ideal for a nursery or home office. Outside, the enclosed rear garden features mature plants and established trees, presenting an excellent opportunity for landscaping improvements or outdoor entertainment enhancements. With close proximity to schools, shops, transport links and green spaces, this residence is perfect for first-time buyers and investors looking to capitalize on the strong rental demand in the area. The overall condition makes it suitable for modernisation efforts that can significantly increase both comfort and value.

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Investment analysis

(LE2 area)
Area Average
£283/sq ft
Avg Rent (weekly)
£247
Avg Yield
4.2%

Renovation Potential

Medium Refurb
Est. Renovation Cost
£15,000 - £30,000
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

Monmouth Drive, Leicester, Leicestershire LE2
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Mortgage calculator

£
£
£
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%
years

Current average 2-year fixed rate is 4.45%

Current average variable rate is 6.60%

Monthly Repayments
£793
Based on a loan of £157,500 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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