1/8
£190,000
2 beds · 1 bath
Grace Road, Leicester
0.02 miles
away
Freehold
Added yesterday 
1/8
1/8
£199,950
Asking price 2 bed house for sale Grace Road, Leicester
2
beds 1
bath House
Freehold
Added on 16/09/2026
About this property
Investment Opportunity – Tenant in Situ Paying £975 PCM – Two Double Bedrooms – Character Terrace – Excellent City Links
Offering an excellent opportunity for investors, this attractive Victorian mid-terraced home is available with a tenant already in situ and generating an income of £975 PCM. Combining period character with practical modern living, the property is ideally positioned for access to Leicester city centre, local amenities, sporting arenas, and excellent transport connections.
Key features
- Two Double Bedrooms
- Victorian Style terraced home
- Ideal investment with Tenants in Situ
- Local shops, schools and amenities
- Gas central heating and double glazing
- Lounge and dining room
- Excellent public transport links to the city
- Conveniently located for the city and local sporting arenas
Floorplan
Location
Grace Road, Leicester, LE2 8AD
- Council tax
- Band A (Approx £1,686/year)Leicester's 2026/27 area average, including the typical parish precept for band A. Your bill may differ: single-person and other discounts may apply.
Mortgage and stamp duty
Property price £199,950
£99k £300k
Deposit10% £20,000
£0 £200k
Interest rate 4.5%
0.5% 15%
Repayment period 25 years
5 years 40 years
A £179,950 mortgage. Most lenders would want a household income of about £40,000 to support it.
A guide only, for a capital repayment mortgage. The rate you are offered and what you can borrow depend on your circumstances and a full application with a lender or broker. Your home may be repossessed if you do not keep up repayments on your mortgage.
Historic sold prices nearby
HM Land Registry sales in LE2 8AD. Floor areas from Energy Performance Certificates where matched.
| Address | Type | Sold | Size | Size | £/sq ft | Price |
|---|---|---|---|---|---|---|
| 31, Grace Road Terraced | Terraced | Jun 2026 | 657 sq ft £274/sq ft | 657 sq ft | £274 | £180,000 |
| 36, Grace Road Terraced | Terraced | Aug 2024 | 721 sq ft £254/sq ft | 721 sq ft | £254 | £183,500 |
| 25, Grace Road Terraced | Terraced | Apr 2024 | 657 sq ft £259/sq ft | 657 sq ft | £259 | £170,000 |
| 4, Grace Road Semi-detached | Semi-detached | Nov 2023 | 753 sq ft £292/sq ft | 753 sq ft | £292 | £220,000 |
| 23, Grace Road Terraced | Terraced | Dec 2022 | 657 sq ft £274/sq ft | 657 sq ft | £274 | £180,000 |
| 22, Grace Road Terraced | Terraced | Jul 2022 | 667 sq ft £243/sq ft | 667 sq ft | £243 | £162,500 |
| 27, Grace Road Terraced | Terraced | Sept 2018 | 646 sq ft £217/sq ft | 646 sq ft | £217 | £140,000 |
| 25, Grace Road Terraced | Terraced | Dec 2016 | 657 sq ft £180/sq ft | 657 sq ft | £180 | £118,000 |
Area insights
The neighbourhood around this property.
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