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Knighton Drive, Stoneygate, Leicester

PROPERTY TYPE

Town House

BEDROOMS

5

BATHROOMS

2

SIZE

2,168 sq ft

201 sq m

TENURE
Describes how you own a property. There are different types of tenure - freehold, leasehold, and commonhold.Read more about tenure in our glossary page.

Freehold

Floorplan 1
1

Key features

  • Handsome three storey period home
  • An attractive investment opportunity with significant potential for rental income and future development possibilities (STPP).
  • Generous, light filled rooms with classic proportions
  • Beautifully renovated bathroom and en suite
  • Large bedrooms arranged over two upper floors
  • Stunning reception rooms with fireplaces and high ceilings
  • Private rear garden with lawn with access to the garage
  • Sought after Stoneygate location close to parks, cafes and schools

Description

Investment Opportunity – Period Property with Flat Conversion Potential (STPP) & Proven Rental Income

A beautifully presented three-storey period home retaining a wealth of original character and offering generous accommodation arranged over three floors. The property presents a rare opportunity for both owner-occupiers and investors, with potential for conversion into self-contained flats, subject to the necessary planning permissions (STPP).

The ground floor features two elegant reception rooms with high ceilings and fireplaces, flowing naturally from one to the other and ideal for both family living and entertaining. To the rear sits a bright kitchen dining room with classic cabinetry and worktops overlooking the garden. A side lobby leads to a utility room and ground floor WC, with internal access to the garage.

Across the first and second floors are five bedrooms, including a principal bedroom with en-suite shower room, along with a well-appointed family bathroom featuring both a bath and separate shower. The upper floor bedrooms enjoy a lovely sense of space and character, with skylights, feature fireplaces and useful storage.

Outside, the property benefits from a paved front forecourt with established hedging for privacy, while the rear garden is mainly laid to lawn with space for seating, mature planting and gated rear access. A detached garage sits to the rear, suitable for storage or parking depending on vehicle size.

Development & Investment Potential

The property offers excellent scope for conversion into multiple flats (STPP), with its generous proportions and three-storey layout lending themselves well to potential reconfiguration. Subject to the relevant planning permissions and building regulations, the property could potentially be arranged as a number of self-contained apartments, making it an attractive proposition for buy-to-let investors.

The property may also appeal to investors, having previously achieved rental income of approximately £2,000 per calendar month, subject to market conditions.

Given the size, layout and location, the property offers strong potential for rental income, particularly due to demand from professionals, hospital staff and university students in the area.

Location

The property is ideally positioned for access to Leicester city centre, as well as the highly regarded residential districts of Stoneygate and Clarendon Park, areas popular with professionals, students and families alike.

Nearby amenities include the University of Leicester, Victoria Park, and the major hospitals Leicester Royal Infirmary and Leicester General Hospital, all of which contribute to consistently strong rental demand.

Clarendon Park and Stoneygate offer a vibrant mix of independent cafés, restaurants, bars and local shopping parades, making the location highly desirable for both residents and tenants.
COUNCIL TAXA payment made to your local authority in order to pay for local services like schools, libraries, and refuse collection. The amount you pay depends on the value of the property.Read more about council Tax in our glossary page.
Band: D
PARKINGDetails of how and where vehicles can be parked, and any associated costs.Read more about parking in our glossary page.
Garage
GARDENA property has access to an outdoor space, which could be private or shared.
Yes
ACCESSIBILITYHow a property has been adapted to meet the needs of vulnerable or disabled individuals.Read more about accessibility in our glossary page.
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Knighton Drive, Stoneygate, Leicester

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About By Design, covering Nationwide

12 Old Bond Street, Mayfair, London, W1S 4PW

By Design market unique and desirable homes with a personal and personalised service. We are a network of selected, leading, independent businesses, with the scale and reach of a national brand and the care and dedication of a local agent. Customer focused and needs driven, we pride ourselves on being with you from start to finish, ensuring your move is a success.

Your mortgage

Per year
Lenders usually expect a 10% deposit
%
Choose between 2 and 40 years
Years
Current average is 4.5%
%
Monthly repayments
£2,668
We think you can borrow up to
Add your household income above
Powered bynationwideThe Nationwide Logo represents a symbol of financial strength and community, empowering members to achieve their goals
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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Disclaimer - Property reference BYD_LCS_LFSYCL_933_1086464533. The information displayed about this property comprises a property advertisement. Rightmove.co.uk makes no warranty as to the accuracy or completeness of the advertisement or any linked or associated information, and Rightmove has no control over the content. This property advertisement does not constitute property particulars. The information is provided and maintained by By Design, covering Nationwide. Please contact the selling agent or developer directly to obtain any information which may be available under the terms of The Energy Performance of Buildings (Certificates and Inspections) (England and Wales) Regulations 2007 or the Home Report if in relation to a residential property in Scotland.

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