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Forest Gate, Anstey, Leicester

East Midlands

£175,000
Listed on 07/05/2026

Property Details

Bedrooms
2
Type
House
Area
703 sqft

Description

This two-bedroom detached house, located in a desirable area of Charnwood village, presents an exciting opportunity for a complete renovation. The property features a traditional layout with two reception rooms, a kitchen, and an upstairs landing leading to two bedrooms and a bathroom. While the interiors require significant updating, the structure offers great potential for those looking to create their ideal home or investment property. The garden at the back is currently overgrown but could be transformed into an attractive outdoor space. Additionally, this property is offered with no upward chain, making it easier for motivated buyers to seize this opportunity. The location benefits from good transport links and amenities nearby, enhancing its appeal for future tenants or homeowners alike.

Investment Analysis

(LE7 area)

Below Market Value

This property is priced -19.8% below area average per sq ft

-19.8%
Potential saving
This Property
£249/sq ft
Area Average
£311/sq ft
Avg Rent (weekly)
£264
Avg Yield
3.4%

Renovation Potential

Heavy Refurb
Est. Renovation Cost
£45,000 - £65,000
Target Value
£240,110
10% above area average per sq ft
Potential ROI
+0.0%
After renovation
Note: Renovation cost estimates are AI-generated based on property location and general characteristics, and may not reflect actual costs.
Monthly Sales
61
Average per month
Market Turnover
12%
Properties sold annually

Local Market Trend (LE7)

Area prices are falling by -3.9% over the last 12 months
3 year growth: -0.3%
5 year growth: +8.7%
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

Forest Gate, Anstey, Leicester
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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
£624
Based on a loan of £131,250 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.

Stamp Duty Calculator

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