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67 Gleneagles Avenue, Rushey Mead, Leicester, LE4 7GD

East Midlands

£240,000
Listed on 27/03/2026

Property Details

Bedrooms
2
Type
Semi Detached

Description

This semi-detached property presents a valuable opportunity for renovation and investment, situated on a spacious plot of 0.21 acres in the East Midlands. The property is positioned conveniently behind Soar Valley College, close to local recreational amenities. Currently, the dwelling consists of two bedrooms, gas central heating, and double glazing; however, it requires full modernisation to unlock its full potential. With an existing garage and workshop, there is ample room for improvement. Importantly, outline planning permission has been granted for an additional detached dwelling on a generous plot of 542 sqm, offering the possibility of expanding your investment further. The rear garden is notably large, providing excellent space for both landscaping and development. This property is not only a home but also a promising asset in the evolving housing market.

Investment Analysis

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

Renovation Potential

Heavy Refurb
Est. Renovation Cost
£45,000 - £70,000
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

67 Gleneagles Avenue, Rushey Mead, Leicester, LE4 7GD
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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
£866
Based on a loan of £180,000 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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