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Back to search: Leicester or Saffron Lane

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Spacious 2 bed Terraced property

Available
For Sale
Listed Jul 16, 2025
£189,950
Available

Mouseprice is the only UK property site with a Value Guide. We have compared the asking price to our own Mouseprice valuation to help you make an informed decision when buying or renting your next property.

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The Mouseprice Value Guide tells you how the asking price of a property compares to the market price of other properties with similar attributes including property type, location and floor area. Note that some aspects of a property are not considered by the Value Guide such as the condition and home improvements so it is important you do your own research.

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Transaction history

£140,000 Oct 19, 2018
£91,500 Apr 16, 2004
£34,000 Mar 22, 1996

Description

"A well presented two bedroom mid terrace home, ideally located close to Leicester city centre and universities making it an excellent opportunity for investors.

The ground floor offers a spacious front lounge, a separate dining room, and a kitchen to the rear with additional space suitable for a utility area. From the kitchen, there s access to a low maintenance courtyard garden, featuring a mix of paving and lawn.

Upstairs, the property comprises two generously sized double bedrooms and a family bathroom.

The property is currently tenanted, generating £1,066 per calendar month, with a rental increase to £1,084 from July 1, 2025, providing a strong return for investors. Its proximity to both De Montfort University and the University of Leicester makes it particularly appealing for the student rental market.
If purchased at £195,000 and based on the upcoming rental income of £1,084 per month, the gross rental yield would be approximately 6.67%.

Sheridan Street is located in a diverse and lively residential area of Leicester, known for its traditional Victorian terraced houses. The neighbourhood offers good access to local shops, schools, and public transport, making it convenient for families and young professionals. While the area is vibrant and well connected, it does face higher than average crime rates and some economic challenges.

Living Room 3.40m x 4.60m 11 02 x 15 01



Dining Area 3.91m x 3.40m 12 10 x 11 02



Kitchen Utility Area 4.83m x 1.75m 15 10 x 5 09



Bedroom One 3.63m x 3.78m 11 11 x 12 05



Bedroom Two 3.63m x 2.87m 11 11 x 9 05



Family Bathroom

"

Mouseprice Data

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Data point Compared to road
Tax band A
77 sqm plot

Property Location

Average Price
Crime
Nearby Schools
Knighton Mead Primary Academy
0.0mi
Millgate School
0.3mi
Sir Jonathan North College
0.5mi
The Lancaster Academy
0.6mi
Avenue Primary School
0.6mi
Nearby Stations
Leicester Station
1.4mi
South Wigston Station
2.0mi
Narborough Station
4.0mi
Syston Station
6.1mi
Sileby Station
8.3mi
Schools
Stations
On the map
Road view

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