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Piers Road, Glenfield, Leicester, Leicestershire - Image 1
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Piers Road, Glenfield, Leicester, Leicestershire

East Midlands

£270,000
Listed on 20/02/2026

Property Details

Bedrooms
3
Type
Detached house
Area
1198 sqft

Description

This three-bedroom detached home is positioned on a spacious corner plot, making it an attractive proposition for first-time buyers or savvy investors alike. With off-road parking available for two vehicles, the property already offers practical conveniences. Upon entering, you're greeted by a hallway that leads to a handy downstairs W/C—ideal for busy family life and accommodating guests. The integral garage adds extra storage potential or could be reimagined as part of living space in a renovation project. The layout features a family lounge that combines comfort with functionality, divided into two sections—a main sitting area for relaxation and an adjoining dining space conducive to hosting gatherings. The kitchen comes with essential wall and base units and ample worktop space, though its style and functionality could be enhanced in a renovation. Moving upstairs, you'll find three well-sized double bedrooms complemented by a family bathroom and an additional separate W/C, providing substantial accommodation that could benefit from modernization. Outside, the expansive rear garden presents limitless opportunities for landscaping or creating outdoor living spaces. This property holds significant renovation potential, allowing you to transform it into a modern family home or rental investment.

Investment Analysis

(LE3 area)

Below Market Value

This property is priced -10.8% below area average per sq ft

-10.8%
Potential saving
This Property
£225/sq ft
Area Average
£253/sq ft
Avg Rent (weekly)
£252
Avg Yield
5.2%

Renovation Potential

Medium Refurb
Est. Renovation Cost
£25,000 - £40,000
Target Value
£332,942
10% above area average per sq ft
Potential ROI
+7.4%
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

Piers Road, Glenfield, Leicester, Leicestershire
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Mortgage Calculator

£
£
£
%
%
years

Current average 2-year fixed rate is 4.06%

Current average variable rate is 6.81%

Monthly Repayments
£974
Based on a loan of £202,500 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.

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