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Gwencole Crescent, Leicester, Leicestershire, LE3

East Midlands

£270,000
Listed on 13/12/2025

Property Details

Bedrooms
3
Type
Semi-detached house
Area
1052 sqft

Description

This semi-detached property situated in Leicester presents an exciting investment opportunity, particularly appealing to discerning first-time buyers or seasoned investors. The home features a desirable location with easy access to major transport routes including the M1 and M69, as well as nearby amenities such as reputable schools and shopping facilities. Although well-presented, there is potential for modernization throughout, allowing you to add value through thoughtful renovations. The ground floor offers a spacious through lounge/diner enhanced by large windows that invite natural light, providing a welcoming atmosphere perfect for both relaxation and entertaining. The kitchen comes equipped with essential fixtures but may benefit from updates to maximize functionality and style. Upstairs, you will find three reasonably sized bedrooms, including two doubles that offer flexible living arrangements for families or rental purposes. The family bathroom includes standard fittings and represents further potential for enhancement. The exterior boasts a mature garden complete with a patio area—ideal for outdoor activities—which can be revitalized into an attractive landscape setting. Additionally, the front of the property includes off-street parking. Overall, this home presents itself as a blank canvas, ripe with potential for refurbishment that could significantly increase its appeal and market value.

Investment Analysis

(LE3 area)

Above Market Value

This property is priced +1.6% above area average per sq ft

+1.6%
This Property
£257/sq ft
Area Average
£253/sq ft
Avg Rent (weekly)
£265
Avg Yield
5.5%

Renovation Potential

Medium Refurb
Est. Renovation Cost
£15,000 - £25,000
Target Value
£292,424
10% above area average per sq ft
Potential ROI
-0.9%
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

Gwencole Crescent, Leicester, Leicestershire, LE3
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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
£989
Based on a loan of £202,500 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