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Salcombe Drive, Glenfield, Leicestershire, LE3 - Image 1
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Salcombe Drive, Glenfield, Leicestershire, LE3

East Midlands

£375,000
Listed on 11/03/2026

Property Details

Bedrooms
3
Type
Detached house
Area
1163 sqft

Description

Nestled in the desirable Glenfield area on a spacious plot, this three-bedroom detached home offers significant renovation potential for those looking to create their ideal family space. The property provides a blank canvas, allowing prospective buyers to modernize and personalize every aspect of their new home. Upon entry, the main hallway leads to diverse ground floor living options. To one side is a sizable dining room with built-in storage that can easily transition into a playroom or additional lounge based on personal needs. To the opposite side lies another versatile reception room, currently used as an office, highlighting the adaptability of the layout. The ground floor further features a discreet W.C. and a generous L-shaped living room complemented by a conservatory that opens to serene views of the garden—ideal for leisure or entertaining. The kitchen's ample space accommodates informal dining and includes provisions for modern appliances, presenting opportunities for reconfiguration or even expansion with appropriate permissions. Upstairs, three well-proportioned bedrooms are flooded with natural light, each comfortably fitting double beds. A practical family bathroom is already in place but could be upgraded to meet contemporary standards. The private rear garden boasts both patio and lawn areas—perfect for outdoor activities and gardening enthusiasts alike—and offers added privacy from neighbouring properties. Additionally, an integral garage presents opportunities for extra storage or potential conversion into living space (subject to necessary consents). This property represents an exceptional opportunity to invest in a generous family home in Glenfield, ready for transformation into your dream residence.

Investment Analysis

(LE3 area)

Above Market Value

This property is priced +27.7% above area average per sq ft

+27.7%
This Property
£322/sq ft
Area Average
£252/sq ft
Avg Rent (weekly)
£259
Avg Yield
5.3%

Renovation Potential

Medium Refurb
Est. Renovation Cost
£25,000 - £45,000
Target Value
£322,959
10% above area average per sq ft
Potential ROI
-23.1%
After renovation
Note: Renovation cost estimates are AI-generated based on property location and general characteristics, and may not reflect actual costs.
Monthly Sales
74
Average per month
Market Turnover
35%
Properties sold annually

Local Market Trend (LE3)

Area prices are stable by -0.5% over the last 12 months
3 year growth: +0.3%
5 year growth: +21.8%
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

Salcombe Drive, Glenfield, Leicestershire, 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
£1,352
Based on a loan of £281,250 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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