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Martin Close, Leicester, LE4

East Midlands

£287,000
Listed on 15/10/2025

Property Details

Bedrooms
3
Type
Terraced house

Description

This charming three-bedroom end townhouse presents a compelling opportunity for renovation and investment, situated on a desirable corner plot within a peaceful cul-de-sac in Leicester. The property spans two floors and features a welcoming entrance hallway that leads into a spacious through lounge and dining area, characterized by abundant natural light—an ideal setting for both relaxation and social gatherings. The kitchen is equipped with a range of base and wall units, providing sufficient space for culinary activities, with potential for modern updates to enhance functionality. Upstairs, the layout includes three well-sized bedrooms, each offering comfortable living accommodations. The family bathroom is designed with modern fixtures, providing immediate usability while presenting opportunities for further enhancements. One of the standout features of this property is the additional side land adjacent to the house, which holds significant potential for extension or customization, subject to the necessary planning permissions. This space could allow for growth and added value to the home as needed by its future occupants. Located in a sought-after residential area of Leicester, the property benefits from proximity to various local amenities including supermarkets and shops within walking distance. The neighborhood is family-friendly, featuring several primary and secondary schools close by. For recreational needs, parks and leisure facilities are just a short drive away. Healthcare facilities are readily accessible with local GP surgeries nearby and Leicester Royal Infirmary within easy reach. For those commuting or traveling further afield, Leicester Railway Station is approximately 3.5 miles away, providing direct train services to Birmingham, Nottingham, and London St Pancras. Additionally, East Midlands Airport can be reached in about 30 minutes by car. With full gas central heating and double-glazed windows throughout, this property ensures energy efficiency alongside comfort. It currently holds an EPC rating of C (70) and falls under Council Tax Band A—making it an attractive proposition in today’s market. Given its combination of location advantages and renovation possibilities, this home merits internal viewing to appreciate its full potential fully. Early interest is expected due to its unique offerings in the competitive market landscape.

Investment Analysis

(LE4 area)
Area Average
£291/sq ft
Avg Rent (weekly)
£249
Avg Yield
4.6%

Renovation Potential

Light Refurb
Est. Renovation Cost
£20,000 - £40,000
Note: Renovation cost estimates are AI-generated based on property location and general characteristics, and may not reflect actual costs.
Monthly Sales
54
Average per month
Market Turnover
18%
Properties sold annually

Local Market Trend (LE4)

Area prices are stable by +1.9% over the last 12 months
3 year growth: 6.0%
5 year growth: 28.0%
Investment Disclaimer: Analysis based on LE4 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

Martin Close, Leicester, LE4
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Mortgage Calculator

£
£
£
%
%
years

Current average 2-year fixed rate is 4.19%

Current average variable rate is 6.78%

Monthly Repayments
£1,051
Based on a loan of £215,250 over 30 years at 4.19% 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.

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YOUR HOME MAY BE REPOSSESSED IF YOU DO NOT KEEP UP REPAYMENTS ON YOUR MORTGAGE