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Telford Way, Leicester LE5 - Image 1
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Telford Way, Leicester LE5

East Midlands

£175,000

Listed on 27/06/2026

Property details

Bedrooms
2
Type
Terraced
Area
667 sqft

Description

This two-bedroom terraced house presents a solid opportunity for first-time buyers and investors alike, situated in the desirable village of Thurnby. The property features a practical driveway suitable for one vehicle, supplemented by on-street parking. Inside, you'll find a spacious reception room enhanced by stylish wall paneling that fosters an inviting atmosphere. The adjoining kitchen, while functional, offers a canvas for further modernization and customization to fit your personal style. Upstairs, both bedrooms are generous in size, providing ample space for furnishings or home office setups, making them versatile living spaces. The family bathroom is currently well-kept but could benefit from a refresh to elevate its appeal. The garden is easily accessible from the kitchen and is ideally maintained; however, it holds significant potential for those looking to create an outdoor retreat or garden project tailored to their taste. Located close to local amenities such as shops and cafes, this property combines convenience with community spirit. With good transport links making commuting straightforward, this home not only serves as a wonderful residence but also as an investment with considerable potential for improvement and personalization.

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Investment analysis

(LE5 area)

Below Market Value

This property is priced -7.6% below area average per sq ft

-7.6%
Potential saving
This Property
£262/sq ft
Area Average
£284/sq ft
Avg Rent (weekly)
£246
Avg Yield
4.2%

Renovation Potential

Medium Refurb
Est. Renovation Cost
£15,000 - £25,000
Target Value
£208,444
10% above area average per sq ft
Potential ROI
+4.2%
After renovation
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

Telford Way, Leicester 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
£661
Based on a loan of £131,250 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.

Stamp duty calculator

Next Steps

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