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Warren Drive, Leicester, Leicestershire

East Midlands

£260,000
Listed on 06/01/2026

Property Details

Bedrooms
3
Type
Detached house
Area
775 sqft

Description

This three-bedroom detached residence in Thurmaston, Leicester, presents a prime opportunity for renovation and value enhancement. Nestled in a well-known residential neighborhood, the home is conveniently located near schools, local shops, and transportation routes. The property features ample interior space along with a spacious rear garden that holds great potential for landscape redesign or future extensions. Internally, the layout includes a roomy lounge and a separate dining area, alongside a kitchen that opens up to the expansive garden, providing an ideal setup for both modern living and entertaining. Upstairs, you'll find three generously sized bedrooms and a family bathroom, all ripe for updating to meet contemporary standards. The large garden is a notable asset, creating possibilities for outdoor improvements or even expanding the living space further if desired. Approximately situated in an appealing residential area makes this home especially attractive to investors or families looking to embark on a long-term project. With modernisation required throughout, this property serves as a solid foundation for anyone aiming to create their perfect family home. Taking into account its location and potential for enhancement, early interest is advisable to fully grasp the opportunities available here.

Investment Analysis

(LE4 area)

Above Market Value

This property is priced +16.0% above area average per sq ft

+16.0%
This Property
£335/sq ft
Area Average
£289/sq ft
Avg Rent (weekly)
£251
Avg Yield
4.6%

Renovation Potential

Medium Refurb
Est. Renovation Cost
£25,000 - £40,000
Target Value
£246,500
10% above area average per sq ft
Potential ROI
-17.8%
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
32%
Properties sold annually

Local Market Trend (LE4)

Area prices are stable by +1.9% 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

Warren Drive, Leicester, 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
£952
Based on a loan of £195,000 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