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Queens Drive, Leicester Forest East, LE3

East Midlands

£270,000
Listed on 27/02/2026

Property Details

Bedrooms
3
Type
Semi-detached house
Area
915 sqft

Description

This semi-detached family home, situated in a desirable area of the East Midlands, offers an exciting opportunity for renovation enthusiasts or investors. With three to four bedrooms and two bathrooms, the property features a significant rear extension, maximizing the available space. The large driveway leads to a detached garage, ensuring ample parking for residents and guests alike. Inside, the expansive lounge/diner is bathed in natural light from generous windows, creating an inviting atmosphere for family gatherings or entertaining friends. Boasting a versatile layout, this residence provides a blank canvas for those ready to modernize and personalize it to their tastes. Each room carries potential: from reimagining the kitchen and bathrooms to transforming the bedrooms into cozy retreats. The outdoors complements the interior with a spacious garden that includes lush lawns and multiple patio areas, ready for landscaping or outdoor living enhancements. In need of modernization throughout, this home stands as an excellent investment opportunity for anyone looking to create a tailored living space in a sought-after neighbourhood.

Investment Analysis

(LE3 area)

Above Market Value

This property is priced +16.8% above area average per sq ft

+16.8%
This Property
£295/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
£254,292
10% above area average per sq ft
Potential ROI
-18.0%
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

Queens Drive, Leicester Forest East, LE3
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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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