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Hall Close, Glen Parva, Leicester, LE2 9HZ

East Midlands

£450,000
Listed on 15/03/2026

Property Details

Bedrooms
3
Type
Detached

Description

This family residence offers an excellent opportunity for those looking to invest in a property with significant renovation potential. The welcoming entrance hall creates a bright first impression, featuring rustic-style wall panelling that adds character. Its layout provides seamless access to the lounge, cloakroom, and kitchen — ideal for modern living while also presenting opportunities for reconfiguration. The spacious L-shaped lounge diner is a highlight of the home, flooded with natural light from a double glazed bay window and boasting sliding patio doors that open onto the garden. This adaptable space can easily accommodate both a traditional dining area and lounge setup or be transformed into an expansive open-plan design if desired. The well-sized kitchen is functional yet presents excellent scope for improvement with its existing layout allowing for modern upgrades like a central island or removal of walls to enhance flow. Adjacent is a generous utility room that currently serves practical needs but could be repurposed as additional kitchen space or even hobbies area. On the first floor, three bedrooms offer ample accommodation with clever storage options, including built-in wardrobes and loft access. Each bedroom's brightness and comfort are complemented by their respective designs that encourage flexibility in usage. The bathroom is already finished to a modern standard, equipped with stylish fixtures; however, any further improvements could enhance its appeal. Externally, the property features extensive gardens providing privacy along with an adaptable garage space which has been transformed into a recreational area — perfect for entertaining or personal hobbies. These outdoor spaces provide room for enhancement or landscaping projects that would elevate the home's overall aesthetic. Nestled at the end of a cul-de-sac in the East Midlands, this property not only promises comfortable family living but also invites future investment through thoughtful renovations.

Investment Analysis

(LE2 area)
Area Average
£281/sq ft
Avg Rent (weekly)
£247
Avg Yield
4.3%

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
70
Average per month
Market Turnover
28%
Properties sold annually

Local Market Trend (LE2)

Area prices are stable by -1.6% over the last 12 months
3 year growth: -0.4%
5 year growth: +13.6%
Investment Disclaimer: Analysis based on LE2 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

Hall Close, Glen Parva, Leicester, LE2 9HZ
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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
£1,623
Based on a loan of £337,500 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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