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Gresley Close, Leicester

East Midlands

£200,000
Listed on 27/12/2025

Property Details

Bedrooms
3
Type
Semi-detached house

Description

This three-bedroom end-terrace home presents a noteworthy opportunity for renovation and investment, particularly with the potential to extend to the side, subject to planning approval. The property features gas central heating and double glazing, enhancing its appeal. Inside, you will find an entrance hall leading to a spacious lounge/diner, a practical kitchen with essential fittings, three bedrooms that offer ample space for families or as rental units, and a family bathroom. Off-street parking accommodates up to two vehicles. Located in close proximity to Beaumont Leys Shopping Centre and easily accessible via local bus routes and major motorways, this residence is positioned well for both convenience and future value appreciation. Nearby educational institutions cater well to families, including primary schools and secondary options. The garden space includes both paved areas and lawn sections along with a useful outbuilding. This property is available with no onward chain, making it an attractive prospect for buyers looking to customize their new home or invest in a rental property.

Investment Analysis

(LE4 area)
Area Average
£291/sq ft
Avg Rent (weekly)
£247
Avg Yield
4.6%

Renovation Potential

Medium Refurb
Est. Renovation Cost
£15,000 - £25,000
Note: Renovation cost estimates are AI-generated based on property location and general characteristics, and may not reflect actual costs.
Monthly Sales
60
Average per month
Market Turnover
43%
Properties sold annually

Local Market Trend (LE4)

Area prices are rising by +2.8% over the last 12 months
3 year growth: +5.3%
5 year growth: +26.4%
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

Gresley Close, Leicester
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Mortgage Calculator

£
£
£
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%
years

Current average 2-year fixed rate is 4.06%

Current average variable rate is 6.81%

Monthly Repayments
£721
Based on a loan of £150,000 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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