Worst House on the Street Logo
Fairestone Avenue, Glenfield, Leicester - Image 1
Fairestone Avenue, Glenfield, Leicester - Image 2
Fairestone Avenue, Glenfield, Leicester - Image 3
Fairestone Avenue, Glenfield, Leicester - Image 4
Fairestone Avenue, Glenfield, Leicester - Image 5
Fairestone Avenue, Glenfield, Leicester - Image 6
Fairestone Avenue, Glenfield, Leicester - Image 7
Fairestone Avenue, Glenfield, Leicester - Image 8
Fairestone Avenue, Glenfield, Leicester - Image 9
Fairestone Avenue, Glenfield, Leicester - Image 10
Fairestone Avenue, Glenfield, Leicester - Image 11

Fairestone Avenue, Glenfield, Leicester

East Midlands

£250,000
Listed on 16/02/2026

Property Details

Bedrooms
3
Type
Semi-detached house
Area
1034 sqft

Description

This three-bedroom semi-detached home, built in the 1960s, presents an exciting opportunity for renovation and investment. While the property is spacious and offers a well-laid-out interior, significant modernization is required to bring it up to contemporary standards. Located in a sought-after cul-de-sac in Glenfield, this residence is conveniently close to reputable schools, shopping amenities, and major transport links. With features including gas central heating (though untested), UPVC double glazing, and generous living spaces such as an L-shaped lounge-diner and a lean-to conservatory, the potential for enhancement is clear. The upper floor comprises three good-sized bedrooms alongside a bathroom and separate WC. Furthermore, the external space includes a paved driveway for multiple vehicles leading to an integral garage and a west-facing rear garden measuring approximately 60 feet in length, making it ideal for outdoor improvements. No upward chain simplifies the purchasing process for potential investors or families looking to create their ideal home.

Investment Analysis

(LE3 area)

Below Market Value

This property is priced -4.3% below area average per sq ft

-4.3%
Potential saving
This Property
£242/sq ft
Area Average
£253/sq ft
Avg Rent (weekly)
£252
Avg Yield
5.2%

Renovation Potential

Heavy Refurb
Est. Renovation Cost
£25,000 - £40,000
Target Value
£287,364
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
70
Average per month
Market Turnover
36%
Properties sold annually

Local Market Trend (LE3)

Area prices are stable by +0.1% over the last 12 months
3 year growth: +1.3%
5 year growth: +23.6%
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

Fairestone Avenue, Glenfield, Leicester
Loading map...

Mortgage Calculator

£
£
£
%
%
years

Current average 2-year fixed rate is 4.06%

Current average variable rate is 6.81%

Monthly Repayments
£902
Based on a loan of £187,500 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.

Next Steps

Explore services to help you with this property purchase.

Get help with this property

Financing, surveys and more – choose a service and we’ll connect you with our trusted partners.

Allcott Associates