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High Acres, Billesdon, Leicester

East Midlands

£450,000
Listed on 16/04/2026

Property Details

Bedrooms
3
Type
Bungalow

Description

Presenting a unique chance to acquire a three-bedroom detached bungalow nestled in the heart of popular Billesdon, now stripped back to its essentials and awaiting a visionary touch. This blank canvas allows prospective buyers the freedom to reimagine and craft their perfect living space. The layout includes a central hallway leading to a spacious sitting room and a dining area ideal for gatherings. Three versatile bedrooms provide ample accommodation options, complemented by a family bathroom and separate WC. The absence of a kitchen may deter some lenders, so it's advisable to verify lending criteria before proceeding. Outside, the property boasts an expansive garden ripe for landscaping or potential expansion with appropriate permissions. Additionally, there's a garage that could serve as extra storage or be integrated into the main dwelling for increased utility. With its prime location offering convenient access to local amenities, schools, and community services, this property not only represents an ideal renovation project but also promises strong investment potential.

Investment Analysis

(LE7 area)
Area Average
£310/sq ft
Avg Rent (weekly)
£259
Avg Yield
3.5%

Renovation Potential

Heavy Refurb
Est. Renovation Cost
£50,000 - £80,000
Note: Renovation cost estimates are AI-generated based on property location and general characteristics, and may not reflect actual costs.
Monthly Sales
63
Average per month
Market Turnover
15%
Properties sold annually

Local Market Trend (LE7)

Area prices are stable by -0.2% over the last 12 months
3 year growth: +3.2%
5 year growth: +12.3%
Investment Disclaimer: Analysis based on LE7 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

High Acres, Billesdon, Leicester
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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
£1,594
Based on a loan of £337,500 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.

Stamp Duty Calculator

Next Steps

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