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Frith Close, Glenfield, Leicester, LE3 8FG - Image 1
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Frith Close, Glenfield, Leicester, LE3 8FG

East Midlands

£250,000
Listed on 22/10/2025

Property Details

Bedrooms
3
Type
Semi-detached house
Area
1050 sqft

Description

This three-bedroom property presents a canvas for renovation and investment, featuring a variety of possibilities to enhance its charm and functionality. The entrance porch welcomes you into a hallway that leads to multiple ground floor rooms, offering ease of access throughout the space. The large lounge serves as a significant focal point, with ample room for relaxation and entertainment. Its carpeted flooring and feature fireplace add character, while also allowing for potential updates that could modernize the space. Adjacent to the lounge is a dining room that features similar carpeting and a welcoming fireplace. The patio doors in this area provide direct access to the expansive rear garden, creating an ideal setting for gatherings or outdoor activities. The kitchen comes equipped with a range of base and wall units, plus essential appliances including a freestanding oven and hob. There is also space and plumbing available for a washing machine, presenting an opportunity to design a contemporary kitchen suited to personal tastes. On the first floor, the master bedroom offers generous dimensions complemented by fitted wardrobes, making it both spacious and practical. The second bedroom also features carpeted flooring and built-in storage, while the third bedroom is well-suited for various uses, whether as a child's room or home office. A wet room accompanied by a separate WC adds convenience but indicates areas where modernization could significantly elevate value. Externally, the property boasts a substantial rear garden that combines both patio and turfed areas—ideal for landscaping or expansion projects. A lean-to on the side provides additional sheltered outdoor space. Situated in a quiet close with green spaces nearby and shared parking facilities, this location blends tranquility with accessibility. The combination of space, layout possibilities, and location makes this property an excellent opportunity for those looking to invest in renovations that could yield substantial returns. An internal viewing is highly recommended to fully appreciate the potential this home offers.

Investment Analysis

(LE3 area)

Below Market Value

This property is priced -5.8% below area average per sq ft

-5.8%
Potential saving
This Property
£238/sq ft
Area Average
£253/sq ft
Avg Rent (weekly)
£265
Avg Yield
5.5%

Renovation Potential

Light Refurb
Est. Renovation Cost
£5,000 - £15,000
Target Value
£291,869
10% above area average per sq ft
Potential ROI
+10.1%
After renovation
Note: Renovation cost estimates are AI-generated based on property location and general characteristics, and may not reflect actual costs.
Monthly Sales
67
Average per month
Market Turnover
16%
Properties sold annually

Local Market Trend (LE3)

Area prices are stable by +1.1% over the last 12 months
3 year growth: 0.2%
5 year growth: 24.0%
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

Frith Close, Glenfield, Leicester, LE3 8FG
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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
£916
Based on a loan of £187,500 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