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Fordview Close, Great Glen, Leicestershire - Image 1
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Fordview Close, Great Glen, Leicestershire

East Midlands

£425,000
Listed on 16/12/2025

Property Details

Bedrooms
3
Type
Detached house
Area
1617 sqft

Description

Nestled at the end of a quiet cul-de-sac, this detached bungalow presents an exciting opportunity for renovation and development. The property is situated in the desirable village of Great Glen, just seven miles from Leicester city centre, offering beautiful views and essential amenities such as shops, a school, and various pubs nearby. Upon entering through a uPVC door into an enclosed porch, you’re greeted by a secondary porch that includes a convenient WC. The spacious main sitting room features a gas fireplace and large windows that allow for ample natural light. It leads to a garden room with picturesque views and access to a flexible fourth bedroom or study with built-in wardrobe space. An inner hallway connects the kitchen, bedrooms, and bathroom. The kitchen is equipped with essential appliances including an oven and integrated dishwasher but may benefit from updating. Adjacent to the kitchen is a utility passage that provides further access to both the garden room and outdoor space. The master bedroom boasts fitted wardrobes while the other two bedrooms offer additional storage options. A shower room with a corner Spa enclosure completes the interior layout. Externally, the property features a block-paved driveway accommodating two cars, alongside a neat front lawn. A tandem garage includes an attached outbuilding currently serving as an office space equipped with windows. The rear garden is predominantly laid to lawn, with partial field views and potential for landscaping enhancements around its charming brook area. Additionally, there’s pending planning permission for constructing another bungalow within the garden space if desired, making this property an appealing option for investors or those looking to create their dream home.

Investment Analysis

(LE8 area)

Below Market Value

This property is priced -12.8% below area average per sq ft

-12.8%
Potential saving
This Property
£263/sq ft
Area Average
£302/sq ft
Avg Rent (weekly)
£254
Avg Yield
3.9%

Renovation Potential

Medium Refurb
Est. Renovation Cost
£25,000 - £40,000
Target Value
£536,367
10% above area average per sq ft
Potential ROI
+15.3%
After renovation
Note: Renovation cost estimates are AI-generated based on property location and general characteristics, and may not reflect actual costs.
Monthly Sales
43
Average per month
Market Turnover
15%
Properties sold annually

Local Market Trend (LE8)

Area prices are rising by +3.8% over the last 12 months
3 year growth: -0.1%
5 year growth: 15.3%
Investment Disclaimer: Analysis based on LE8 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

Fordview Close, Great Glen, Leicestershire
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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
£1,557
Based on a loan of £318,750 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