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Wyngate Drive, Leicester, Leicestershire, LE3 - Image 1
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Wyngate Drive, Leicester, Leicestershire, LE3

East Midlands

£260,000
Listed on 27/06/2025

Property Details

Bedrooms
3
Type
Semi-detached house
Area
903 sqft

Description

This semi-detached home offers a promising opportunity for renovation in a sought-after neighborhood, ideal for families and investors alike. With three bedrooms, including two spacious doubles and a single that can easily serve as an office, the layout provides flexibility for modern living. The property features two distinct reception rooms: a cozy living room and a separate dining area. These spaces could be enhanced with thoughtful updates to create an inviting atmosphere. The conservatory at the rear is an additional highlight, overlooking the generous garden—an excellent spot for relaxation or social gatherings. The kitchen sits at the back of the house and presents potential for extension, subject to planning permission. This could significantly increase both living space and value. The family bathroom is functional, equipped with a three-piece suite and an electric shower over the bath, though there may be opportunities to modernize it. In terms of outdoor space, the front garden includes a driveway that adds convenience with off-road parking. The expansive rear garden offers ample room for landscaping or gardening projects, with access to a serene brook beyond—an attractive feature for nature enthusiasts. Located within a well-connected area close to local amenities such as shops, schools, and parks, this property is well-positioned for both residential comfort and investment potential. With its existing charm and various avenues for enhancement, this home presents an affordable entry into the market for those looking to make their mark through renovation.

Investment Analysis

(LE3 area)

Above Market Value

This property is priced +14.0% above area average per sq ft

+14.0%
This Property
£288/sq ft
Area Average
£253/sq ft
Avg Rent (weekly)
£252
Avg Yield
5.2%

Renovation Potential

Light Refurb
Est. Renovation Cost
£10,000 - £20,000
Target Value
£250,957
10% above area average per sq ft
Potential ROI
-10.4%
After renovation
Note: Renovation cost estimates are AI-generated based on property location and general characteristics, and may not reflect actual costs.
Monthly Sales
70
Average per month
Market Turnover
36%
Properties sold annually

Local Market Trend (LE3)

Area prices are stable by +0.1% over the last 12 months
3 year growth: +1.3%
5 year growth: +23.6%
Investment Disclaimer: Analysis based on LE3 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

Wyngate Drive, Leicester, Leicestershire, LE3
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Mortgage Calculator

£
£
£
%
%
years

Current average 2-year fixed rate is 4.06%

Current average variable rate is 6.81%

Monthly Repayments
£938
Based on a loan of £195,000 over 30 years at 4.06% 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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