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Rutland Drive, Leicester, LE4

East Midlands

£265,000
Listed on 15/10/2025

Property Details

Bedrooms
2
Type
Semi-detached house
Area
894 sqft

Description

This two-bedroom semi-detached bungalow presents a unique opportunity for renovation and investment, especially for those looking to downsize or explore potential expansion. Situated in a well-regarded residential area of Thurmaston, the property offers immediate accessibility with no upward chain. Upon entering, you are greeted by a porch that leads into a hallway providing access to the main living areas. The lounge features a distinctive bay window that invites natural light, creating an inviting space. The kitchen is modern and practical, equipped with a range of wall and base units, tiled flooring, and essential appliances including a five-ring gas hob and an integrated oven. This layout makes it easy to envision updates or enhancements tailored to contemporary design preferences. Both bedrooms are generously sized double rooms with built-in wardrobes, offering flexibility for various layouts or potential reconfiguration. The shower room is fitted with contemporary fixtures including a walk-in shower and heated towel rail. A lean-to at the rear provides additional storage space while connecting seamlessly to the mature garden. Externally, the property boasts substantial outdoor space with a large rear garden that is both private and tranquil. The garden's size offers significant potential for extension or landscaping projects (subject to planning permission), making it appealing for investors seeking to enhance their return on investment. The front of the property showcases a well-maintained garden bordered by established trees and shrubs. A driveway accommodates multiple vehicles while leading to a detached garage with access from both sides. Located near Thurmaston village, residents benefit from proximity to essential amenities including shops, supermarkets, and local parks such as Watermead Country Park, which provides recreational opportunities right at your doorstep. With convenient access to major road networks just minutes away, this location caters well to commuters heading into Leicester city center or beyond. In summary, this bungalow's combination of solid structure and prime location presents an excellent canvas for renovation while ensuring comfortable living in a community-oriented setting.

Investment Analysis

(LE4 area)

Above Market Value

This property is priced +2.3% above area average per sq ft

+2.3%
This Property
£296/sq ft
Area Average
£290/sq ft
Avg Rent (weekly)
£248
Avg Yield
4.5%

Renovation Potential

Light Refurb
Est. Renovation Cost
£10,000 - £20,000
Target Value
£284,842
10% above area average per sq ft
Potential ROI
-0.1%
After renovation
Note: Renovation cost estimates are AI-generated based on property location and general characteristics, and may not reflect actual costs.
Monthly Sales
59
Average per month
Market Turnover
46%
Properties sold annually

Local Market Trend (LE4)

Area prices are stable by +2.0% over the last 12 months
3 year growth: +5.2%
5 year growth: +26.7%
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

Rutland Drive, Leicester, LE4
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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
£956
Based on a loan of £198,750 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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