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Main Street, Great Glen, Leicester

East Midlands

£165,000
Listed on 24/07/2025

Property Details

Bedrooms
2
Type
Terraced house

Description

This two-bedroom property presents a compelling opportunity for renovation and investment in a desirable location. The spacious lounge, measuring approximately 4.19m x 3.40m (13'8" x 11'1"), offers a welcoming area that can be transformed into a comfortable living space with the right design updates. The kitchen/diner is notably generous at 5.36m x 2.90m (17'7" x 9'6"), providing ample room for reconfiguration or modern upgrades. This multifunctional area could easily become the heart of the home with some thoughtful renovations, catering to today’s lifestyle preferences. Both bedrooms are well-proportioned, with Bedroom One offering dimensions of 4.44m x 3.00m (14'6" x 9'10"). These spaces hold potential for personalized enhancements that could increase value and appeal to future buyers or renters. While the property currently features a bathroom and separate WC, investors may find value in modernizing these facilities to align with contemporary standards. Situated in an area known for its community vibe and accessibility, this property benefits from proximity to local amenities, schools, and transport links, making it an attractive option for families or professionals alike. With strategic renovations, this home has significant investment potential in an evolving market.

Investment Analysis

(LE8 area)
Area Average
£302/sq ft
Avg Rent (weekly)
£254
Avg Yield
3.9%

Renovation Potential

Light Refurb
Est. Renovation Cost
£5,000 - £15,000
Note: Renovation cost estimates are AI-generated based on property location and general characteristics, and may not reflect actual costs.
Monthly Sales
43
Average per month
Market Turnover
15%
Properties sold annually

Local Market Trend (LE8)

Area prices are rising by +3.8% over the last 12 months
3 year growth: -0.1%
5 year growth: 15.3%
Investment Disclaimer: Analysis based on LE8 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

Main Street, Great Glen, Leicester
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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
£604
Based on a loan of £123,750 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