LE3, Leicester house prices & rental yield

Postcode district in Leicester, part of the LE postcode area

Near a university · 2.8km from De Montfort University

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Average asking price
£260k
UK avg £340k
Average rent (pcm)
£995
UK avg £1,300
Gross rental yield
4.6%
0% above UK avg
Net yield (estimated)
3.4%
assumes ~25% costs, excl. mortgage
Crimes reported (2026-06)
341
231% above UK avg

Summary

LE3 has a gross rental yield of 4.6%, 0% above the UK average, ranking #3 of 20 LE postcode districts by yield.

Price history

Buy-to-let calculator

Stamp Duty (SDLT)
Deposit required
Mortgage payment (monthly)
Letting agent fee (monthly)
Est. net monthly cashflow

Estimate only, for England/Northern Ireland SDLT rates. Assumes an interest-only mortgage and doesn't account for insurance, maintenance, voids, or other running costs. Not financial advice.

LE3 by bedroom count

BedroomsAvg buyAvg rentYieldSampled
Studio £723 0 / 14
1 £100k £650 7.8% 13 / 80
2 £182k £995 6.6% 135 / 51
3 £260k £1,168 5.4% 226 / 58
4 £398k £1,387 4.2% 92 / 51
5+ £450k £1,842 4.9% 36 / 25

Nearby LE postcode districts, by yield

DistrictAvg buyAvg rentYield
LE1 £120k £862 8.6% Compare
LE19 £295k £1,295 5.3% Compare
LE4 £280k £1,000 4.3% Compare
LE12 £300k £1,050 4.2% Compare
LE18 £280k £975 4.2% Compare
LE5 £310k £1,050 4.1% Compare
LE9 £290k £975 4.0% Compare
LE67 £270k £900 4.0% Compare
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