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Forest Gate, Anstey, Leicester

East Midlands

£230,000
Listed on 28/11/2025

Property Details

Bedrooms
3
Type
Semi-detached house

Description

Nestled on a generous 0.2 acre plot, this three-bedroom semi-detached residence is a remarkable investment opportunity for those looking to undertake renovation or extension projects. The property boasts a detached double garage and ample off-road parking along with secure gated side access, all while being set back from the road, ensuring privacy and space. With the right planning permissions, the extensive grounds present exciting possibilities for redevelopment or substantial enhancements. Inside, the home features well-proportioned rooms that are in need of refurbishment, making it an ideal canvas for creativity. The ground floor includes a light-filled front reception room and a second reception at the rear that overlooks the garden, alongside a good-sized kitchen. The first floor accommodates two spacious double bedrooms and a third single bedroom, accompanied by a family bathroom. The expansive garden area is one of the standout features of this property, offering exceptional outdoor space and significant potential for future development projects. Conveniently located in Anstey, known for its vibrant community and excellent local amenities such as shops, cafes, and pubs, this home is just a short drive from Leicester city centre and provides easy access to nearby recreational areas like Bradgate Park. This property represents a promising project for buyers aiming to create their ideal family home in a sought-after location.

Investment Analysis

(LE7 area)
Area Average
£310/sq ft
Avg Rent (weekly)
£248
Avg Yield
3.3%

Renovation Potential

Medium Refurb
Est. Renovation Cost
£25,000 - £45,000
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
13%
Properties sold annually

Local Market Trend (LE7)

Area prices are falling by +2.2% over the last 12 months
3 year growth: 4.0%
5 year growth: 13.5%
Investment Disclaimer: Analysis based on LE7 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

Forest Gate, Anstey, 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
£843
Based on a loan of £172,500 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