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Lincoln Street, Leicester LE2

East Midlands

£350,000

Listed on 22/06/2026

Property details

Bedrooms
5
Type
Terraced
Area
1744 sqft

Description

This five-bedroom semi-detached house, located in the desirable Highfields area, presents a promising opportunity for renovation and investment. While currently in a move-in ready condition, the property offers ample space for potential enhancements. The spacious bedrooms are particularly well-suited for families or professionals seeking room to grow, and the modern kitchen with integrated appliances provides both style and practicality. The generously sized garden at the rear boasts a combination of slabbed patio and lawn areas, which could be transformed into an exquisite outdoor retreat or even expanded upon with new structures (subject to necessary planning permissions). With excellent transport access and local amenities nearby, this property is ideal for those looking to add value through thoughtful improvements. Off-street parking is also available via local authority permits. Early inspections are advisable given its potential benefits for both homeowners and investors.

Investment analysis

(LE2 area)

Below Market Value

This property is priced -28.9% below area average per sq ft

-28.9%
Potential saving
This Property
£201/sq ft
Area Average
£282/sq ft
Avg Rent (weekly)
£237
Avg Yield
4.1%

Renovation Potential

Medium Refurb
Est. Renovation Cost
£30,000 - £50,000
Target Value
£541,756
10% above area average per sq ft
Potential ROI
+35.4%
After renovation
Note: Renovation cost estimates are AI-generated based on property location and general characteristics, and may not reflect actual costs.
Monthly Sales
72
Average per month
Market Turnover
9%
Properties sold annually

Local Market Trend (LE2)

Area prices are stable by -0.3% over the last 12 months
3 year growth: -2.7%
5 year growth: +8.7%
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

Lincoln Street, 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
£1,322
Based on a loan of £262,500 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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