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Lothair Road, Leicester LE2

East Midlands

£174,950

Listed on 18/06/2026

Property details

Bedrooms
2
Type
Terraced

Description

This two-bedroom mid-terraced home is situated in a prime location, ideal for both first-time buyers and seasoned investors looking to capitalize on its potential. The property is equipped with gas central heating and while it is in generally good condition, there is ample opportunity for personal enhancement to truly make it your own. Its layout features two spacious reception rooms that can be easily tailored to fit modern living needs—whether that means combining spaces for leisure and work or creating separate zones for family gatherings. The galley-style kitchen, though functional, can benefit from modernization, providing an opportunity to integrate contemporary fixtures and finishes. A utility area along with a ground-floor WC adds convenience. Upstairs, the two well-sized double bedrooms offer room for additional furnishings but may need minor updates such as refreshing built-in wardrobes or flooring. The family bathroom is currently serviceable but could also be improved with new fittings. Outside, the low-maintenance enclosed yard presents potential for landscaping or simply enjoying outdoor space without extensive upkeep. Positioned close to Leicester Royal Infirmary and local universities, this property not only holds immediate appeal but also significant investment potential due to its excellent connectivity and proximity to essential services.

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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
£12,000 - £20,000
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

Lothair Road, 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
£661
Based on a loan of £131,212 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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