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Liberty Road, Glenfield, Leicester, Leicestershire

East Midlands

£350,000
Listed on 29/04/2026

Property Details

Bedrooms
3
Type
Semi Detached
Area
2057 sqft

Description

This spacious three-bedroom semi-detached property, accompanied by a separate one-bedroom annexe, presents a remarkable opportunity for those looking to invest in a home with substantial renovation potential. Nestled on an expansive plot, the property boasts generous reception areas and sizable double bedrooms, providing ample space for family living or entertaining. While the interior requires modernization throughout, its inherent size and charm offer a strong foundation for creating a contemporary family residence or even exploring extension possibilities with the appropriate planning permissions. Entering through a roomy hallway equipped with useful storage, the downstairs layout features a lengthy living/dining area complete with a fireplace and sliding doors that lead to an extensive lean-to. The front lounge room is versatile enough to serve as either a snug retreat or a functional home office. A galley kitchen, while needing updates, is in reasonable condition and can be transformed into an ideal culinary space. The ground floor also includes a convenient shower room. The first floor accommodates three large double bedrooms, highlighted by an expansive master bedroom and a spacious four-piece family bathroom featuring both bath and separate shower facilities. The property benefits from gas central heating and full double glazing. Externally, off-road parking is available for several vehicles thanks to the hard-standing driveway alongside the garage. The rear garden is particularly noteworthy, showcasing mature greenery and ample lawn space for outdoor activities. The attached annexe offers further versatility with its own living room, bedroom, kitchen, shower room, boiler, and fuse box—perfect for independent living arrangements or accommodating extended family members. Located on Liberty Road in Glenfield—a vibrant community just three miles from Leicester city centre—this property enjoys close proximity to local amenities including schools, shopping centres, dining options, and parks such as Bradgate Park.

Investment Analysis

(LE3 area)

Below Market Value

This property is priced -33.2% below area average per sq ft

-33.2%
Potential saving
This Property
£170/sq ft
Area Average
£255/sq ft
Avg Rent (weekly)
£248
Avg Yield
5.0%

Renovation Potential

Medium Refurb
Est. Renovation Cost
£30,000 - £50,000
Target Value
£576,536
10% above area average per sq ft
Potential ROI
+44.1%
After renovation
Note: Renovation cost estimates are AI-generated based on property location and general characteristics, and may not reflect actual costs.
Monthly Sales
81
Average per month
Market Turnover
15%
Properties sold annually

Local Market Trend (LE3)

Area prices are stable by -1.7% over the last 12 months
3 year growth: -0.9%
5 year growth: +17.7%
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

Liberty Road, Glenfield, Leicester, Leicestershire
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Mortgage Calculator

£
£
£
%
%
years

Current average 2-year fixed rate is 3.97%

Current average variable rate is 6.59%

Monthly Repayments
£1,249
Based on a loan of £262,500 over 30 years at 3.97% 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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