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Rancliffe Crescent, Leicester, Leicestershire, LE3

East Midlands

£180,000
Listed on 31/03/2026

Property Details

Bedrooms
3
Type
Terraced
Area
1257 sqft

Description

This mid-terrace house features three spacious bedrooms and two versatile reception areas that can be reimagined to suit various living or dining configurations. The rear conservatory adds potential for extra living space, perfect for maximizing the home's layout. While the property currently requires full modernisation throughout, it presents an exciting opportunity for buyers and investors looking to customize their future home or enhance its rental appeal. With a solid structure and generous room sizes, there’s ample scope for creative renovations—whether your vision includes creating an open-plan living area or transforming it into a comfortable family residence. Located in the convenient LE3 area of Leicester, residents will benefit from proximity to local amenities, schools, transport links, and the city centre.

Investment Analysis

(LE3 area)

Below Market Value

This property is priced -43.6% below area average per sq ft

-43.6%
Potential saving
This Property
£143/sq ft
Area Average
£254/sq ft
Avg Rent (weekly)
£251
Avg Yield
5.1%

Renovation Potential

Heavy Refurb
Est. Renovation Cost
£25,000 - £40,000
Target Value
£351,137
10% above area average per sq ft
Potential ROI
+59.6%
After renovation
Note: Renovation cost estimates are AI-generated based on property location and general characteristics, and may not reflect actual costs.
Monthly Sales
79
Average per month
Market Turnover
15%
Properties sold annually

Local Market Trend (LE3)

Area prices are stable by -1.9% over the last 12 months
3 year growth: -0.7%
5 year growth: +18.2%
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

Rancliffe Crescent, Leicester, Leicestershire, LE3
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Mortgage Calculator

£
£
£
%
%
years

Current average 2-year fixed rate is 3.91%

Current average variable rate is 6.62%

Monthly Repayments
£638
Based on a loan of £135,000 over 30 years at 3.91% 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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