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Hat Road, Leicester

East Midlands

£230,000
Listed on 27/02/2026

Property Details

Bedrooms
3
Type
Semi-detached house

Description

This three-bedroom semi-detached bungalow, located in a quiet cul-de-sac, offers significant renovation and investment potential. With a large driveway and a spacious rear garden, the property is well-positioned near local amenities, including Fosse Park Shopping Centre, and boasts good access to major motorways such as the M1 and M69. The layout includes an entrance hall that leads to a lounge featuring a gas fire, a kitchen with side access, three bedrooms, and a bathroom. Notably, there is also a large loft space that presents the possibility of converting into an additional bedroom (subject to planning permission). Gas central heating and double glazing are already installed throughout the property. The extensive outdoor space could be landscaped or developed further to enhance its appeal. Overall, while generally livable, this property would benefit from updating and refurbishment to fully realize its value.

Investment Analysis

(LE3 area)
Area Average
£253/sq ft
Avg Rent (weekly)
£252
Avg Yield
5.2%

Renovation Potential

Medium Refurb
Est. Renovation Cost
£20,000 - £35,000
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

Hat Road, Leicester
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Mortgage Calculator

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£
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years

Current average 2-year fixed rate is 4.06%

Current average variable rate is 6.81%

Monthly Repayments
£830
Based on a loan of £172,500 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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