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Howe Lane, Leicester, LE7 7LB

East Midlands

£425,000
Listed on 11/05/2026

Property Details

Bedrooms
2
Type
Detached Bungalow

Description

This two-bedroom detached bungalow presents an excellent investment opportunity within the sought-after Rothley Village, conveniently located a short walk from local shops and amenities. The property is available without any upward chain and features a private garden facing southwest, ideal for those looking to enhance outdoor living spaces. Set back behind a charming five-bar gate, this bungalow provides off-road parking and a single detached garage that can be accessed from the main driveway. Upon entering, the hallway grants access to all living areas and includes loft access for potential storage solutions. A dedicated cloakroom with a radiator and double-glazed window offers practical space for coats and shoes. The lounge diner at the front of the property captures pleasant views of the garden through its large windows, augmented by double-glazed patio doors that fill the room with natural light. Both bedrooms are spacious doubles; the master bedroom features built-in wardrobes and overlooks the tranquil garden area, while the second bedroom also benefits from fitted storage. The modern shower room is a recent adaptation, showcasing a fully enclosed cubicle along with contemporary fixtures including a heated towel rail. The kitchen at the rear stands out as an area ripe for expansion (subject to appropriate planning permissions) and is fitted with various wall and base cabinets along with essential appliances. A doorway leads directly to the sizable garden. The outdoor space includes an L-shaped layout that features both patio areas and well-kept lawn sections. The presence of both a brick garage and an attached outbuilding enhances practicality. This bungalow not only offers a comfortable dwelling but also serves as a canvas for further development or refurbishment to personalize it to specific tastes or needs.

Investment Analysis

(LE7 area)
Area Average
£311/sq ft
Avg Rent (weekly)
£264
Avg Yield
3.4%

Renovation Potential

Medium Refurb
Est. Renovation Cost
£15,000 - £25,000
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

Howe Lane, Leicester, LE7 7LB
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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
£1,516
Based on a loan of £318,750 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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