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Farm Close, Leicester

East Midlands

£220,000
Listed on 25/03/2026

Property Details

Bedrooms
3
Type
Semi Detached

Description

Located in the sought-after LE4 area, this three-bedroom semi-detached house presents a promising chance for investors, developers, or first-time buyers eager to personalize their space. The ground floor features a spacious living room that offers a welcoming environment for both relaxation and social gatherings. Adjacent to the living area is a contemporary kitchen equipped with plenty of storage and counter space, complemented by a dedicated dining area—ideal for family dinners or entertaining. A handy downstairs shower room enhances the functionality of the ground floor layout. Upstairs, you will find three ample double bedrooms, providing flexibility for families or individuals needing an office setup at home. A family bathroom rounds off the upper level. While the property requires some updating and general maintenance, it represents an excellent “fixer-upper” opportunity with significant potential for value enhancement. Whether you are an investor seeking your next venture or a buyer looking to craft a personalized home experience, this property lays down a solid groundwork. On the exterior, off-road parking is available along with a decent-sized plot. The location is particularly advantageous, being conveniently situated near local shops, schools, amenities, and transport links—making it perfect for everyday convenience and commuting.

Investment Analysis

(LE4 area)
Area Average
£291/sq ft
Avg Rent (weekly)
£247
Avg Yield
4.6%

Renovation Potential

Medium Refurb
Est. Renovation Cost
£15,000 - £30,000
Note: Renovation cost estimates are AI-generated based on property location and general characteristics, and may not reflect actual costs.
Monthly Sales
60
Average per month
Market Turnover
43%
Properties sold annually

Local Market Trend (LE4)

Area prices are rising by +2.8% over the last 12 months
3 year growth: +5.3%
5 year growth: +26.4%
Investment Disclaimer: Analysis based on LE4 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

Farm Close, Leicester
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Mortgage Calculator

£
£
£
%
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years

Current average 2-year fixed rate is 4.06%

Current average variable rate is 6.81%

Monthly Repayments
£793
Based on a loan of £165,000 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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