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Anstey Lane, Leicester, LE4

East Midlands

£280,000
Listed on 03/03/2026

Property Details

Bedrooms
2
Type
Detached house
Area
1442 sqft

Description

This two-bedroom detached bungalow offers a unique opportunity for buyers looking to invest in a property with significant renovation potential. The layout features two spacious reception rooms—a cozy living room perfect for relaxation, and a dedicated dining area ideal for gatherings. One of the standout features is the expansive loft room, which presents possibilities for conversion to create additional living space (subject to planning permissions), making this property an appealing option for those wanting to enhance its value. The kitchen is conveniently situated to allow easy access from both reception areas, fostering a good flow throughout the home. Each bedroom is generously sized, offering flexibility for furnishing and storage needs. Outside, the private rear garden provides a tranquil retreat alongside a front garden that ensures privacy from the road. The driveway accommodates multiple vehicles and includes a side garage with an attached workshop, catering perfectly to hobbyists or anyone needing extra storage options. Available with no upward chain, this bungalow is ready for immediate occupancy or modernization according to personal taste. Located in a well-connected area with excellent transport links and close proximity to local amenities, as well as reputable schools, this property combines practicality with potential. With its adaptable design and desirable location in the East Midlands, this bungalow stands out as an exceptional investment opportunity.

Investment Analysis

(LE4 area)

Below Market Value

This property is priced -33.4% below area average per sq ft

-33.4%
Potential saving
This Property
£194/sq ft
Area Average
£291/sq ft
Avg Rent (weekly)
£247
Avg Yield
4.6%

Renovation Potential

Medium Refurb
Est. Renovation Cost
£25,000 - £40,000
Target Value
£462,219
10% above area average per sq ft
Potential ROI
+44.4%
After renovation
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

Anstey Lane, Leicester, LE4
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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
£1,010
Based on a loan of £210,000 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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