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Overdale Avenue, Glenfield, Leicester - Image 1
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Overdale Avenue, Glenfield, Leicester

East Midlands

£199,950
Listed on 23/02/2026

Property Details

Bedrooms
2
Type
Detached house
Area
1074 sqft

Description

This detached two-bedroom bungalow sits on a corner plot and is an intriguing opportunity for modernisation, offering significant renovation potential. Inside, the layout includes an Entrance Hall that connects to a Kitchen with dual aspect windows, a Living Room featuring a distinctive bow window and classic fire surround, and an Inner Hall leading to two well-proportioned Bedrooms and a Bathroom. A Rear Porch provides additional utility space with cupboard storage. Outside, there is off-road parking leading to a Garage, which adjoins a versatile garden room/workshop at the rear. The surrounding gardens include gravelled areas with established shrubs, creating scope for landscaping enhancement. The property is available with no onward chain and is conveniently located just over four miles from Leicester city centre, close to local amenities and transport links. This bungalow represents an excellent investment for those looking to put their personal touch on a home in a desirable area.

Investment Analysis

(LE3 area)

Below Market Value

This property is priced -26.3% below area average per sq ft

-26.3%
Potential saving
This Property
£186/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
£298,481
10% above area average per sq ft
Potential ROI
+24.4%
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

Overdale Avenue, Glenfield, Leicester
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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
£721
Based on a loan of £149,962 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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