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Hat Road, Leicester

East Midlands

£230,000
Listed on 26/02/2026

Property Details

Bedrooms
3
Type
Semi Detached Bungalow

Description

This three-bedroom semi-detached bungalow is nestled in a quiet cul-de-sac, offering a promising opportunity for renovation and investment. The property features a spacious entrance hall leading into a generous lounge with a coal effect gas fire, perfect for modernizing or upgrading decor. The kitchen, boasting ample space and potential for enhancement, provides direct access to the side of the property. Each of the three bedrooms comes with good natural light and built-in storage options that could be reconfigured to create more functional living spaces. The bathroom is equipped with a three-piece suite and presents an excellent chance for updates. A sizeable loft space demonstrates potential for conversion into an extra bedroom or additional living area (subject to planning). Outside, the large rear garden offers ample room for landscaping or outdoor improvements, while the front garden features a sizeable driveway. The double glazing and gas central heating are already in place, providing a solid foundation as you consider this property's full potential.

Investment Analysis

(LE3 area)
Area Average
£255/sq ft
Avg Rent (weekly)
£248
Avg Yield
5.0%

Renovation Potential

Medium Refurb
Est. Renovation Cost
£25,000 - £40,000
Note: Renovation cost estimates are AI-generated based on property location and general characteristics, and may not reflect actual costs.
Monthly Sales
81
Average per month
Market Turnover
15%
Properties sold annually

Local Market Trend (LE3)

Area prices are stable by -1.7% over the last 12 months
3 year growth: -0.9%
5 year growth: +17.7%
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

Hat Road, Leicester
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Mortgage Calculator

£
£
£
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years

Current average 2-year fixed rate is 3.97%

Current average variable rate is 6.59%

Monthly Repayments
£821
Based on a loan of £172,500 over 30 years at 3.97% 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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