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Oakfield Close, Great Glen, Leicester, LE8 - Image 1
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Oakfield Close, Great Glen, Leicester, LE8

East Midlands

£300,000
Listed on 01/03/2026

Property Details

Bedrooms
3
Type
Detached house
Area
829 sqft

Description

This three-bedroom detached bungalow is positioned on a generous corner plot in the sought-after village of Great Glen, located southeast of Leicester. With its potential for modernisation, this property represents an excellent opportunity for buyers looking to invest in a single-storey home or take on a renovation project. The layout includes a welcoming porch that leads into a central hallway, granting access to a spacious lounge, a fitted kitchen complete with essential amenities, and three well-sized bedrooms. Additionally, the bathroom is functional, though dated. Outside, you will discover an established rear garden complemented by wrap-around lawns at the front and side, alongside a detached garage and driveway parking. This property not only boasts charm but also offers ample scope for enhancing its value through renovation.

Investment Analysis

(LE8 area)

Above Market Value

This property is priced +19.7% above area average per sq ft

+19.7%
This Property
£362/sq ft
Area Average
£302/sq ft
Avg Rent (weekly)
£272
Avg Yield
4.0%

Renovation Potential

Medium Refurb
Est. Renovation Cost
£25,000 - £40,000
Target Value
£275,622
10% above area average per sq ft
Potential ROI
-18.9%
After renovation
Note: Renovation cost estimates are AI-generated based on property location and general characteristics, and may not reflect actual costs.
Monthly Sales
45
Average per month
Market Turnover
39%
Properties sold annually

Local Market Trend (LE8)

Area prices are rising by +2.7% over the last 12 months
3 year growth: +1.7%
5 year growth: +10.4%
Investment Disclaimer: Analysis based on LE8 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

Oakfield Close, Great Glen, Leicester, LE8
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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
£1,082
Based on a loan of £225,000 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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