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Alan Close, Leicester, Leicestershire. LE4 7QW - Image 1
Alan Close, Leicester, Leicestershire. LE4 7QW - Image 2
Alan Close, Leicester, Leicestershire. LE4 7QW - Image 3
Alan Close, Leicester, Leicestershire. LE4 7QW - Image 4
Alan Close, Leicester, Leicestershire. LE4 7QW - Image 5
Alan Close, Leicester, Leicestershire. LE4 7QW - Image 6
Alan Close, Leicester, Leicestershire. LE4 7QW - Image 7
Alan Close, Leicester, Leicestershire. LE4 7QW - Image 8
Alan Close, Leicester, Leicestershire. LE4 7QW - Image 9
Alan Close, Leicester, Leicestershire. LE4 7QW - Image 10
Alan Close, Leicester, Leicestershire. LE4 7QW - Image 11
Alan Close, Leicester, Leicestershire. LE4 7QW - Image 12
Alan Close, Leicester, Leicestershire. LE4 7QW - Image 13
Alan Close, Leicester, Leicestershire. LE4 7QW - Image 14
Alan Close, Leicester, Leicestershire. LE4 7QW - Image 15

Alan Close, Leicester, Leicestershire. LE4 7QW

East Midlands

£365,000

Listed on 23/05/2026

Property Details

Bedrooms
3
Type
Detached Bungalow
Area
1143 sqft

Description

This three-bedroom detached bungalow, located in the well-regarded Rushey Mead area, presents a significant opportunity for buyers looking to invest in a property with strong renovation potential. Nestled on an above-average plot within a tranquil cul-de-sac, the property is offered with no onward chain, allowing for a straightforward purchase process. While the home is generally well-maintained and spacious, there exists ample scope for enhancement and personalisation. The interior features a welcoming porch leading to a hallway equipped with storage cupboards. The kitchen boasts modern white gloss units, while the generous lounge is highlighted by a feature fireplace and sliding doors that open onto a secluded south-facing garden—ideal for expansion (subject to planning permission). The bathroom is currently designed as a wet room, which could be revitalised or reconfigured to suit personal tastes. Each of the three bedrooms gives generous space, particularly the two double rooms. The garage adds versatility to the property; it can be repurposed for additional living space or remain as practical storage. The low-maintenance garden at the rear offers privacy and tranquillity, perfect for outdoor relaxation. Additionally, buyers will appreciate the convenience of off-road parking at the front. Situated close to Watermead Country Park and local amenities—including Sainsbury's and local medical practices—this property benefits from excellent transport links, making it appealing for families and commuters alike. With thoughtful renovations, this bungalow could become an outstanding family home or investment opportunity in a sought-after neighbourhood.

Investment Analysis

(LE4 area)

Above Market Value

This property is priced +10.6% above area average per sq ft

+10.6%
This Property
£319/sq ft
Area Average
£289/sq ft
Avg Rent (weekly)
£255
Avg Yield
4.6%

Renovation Potential

Medium Refurb
Est. Renovation Cost
£25,000 - £40,000
Target Value
£363,045
10% above area average per sq ft
Potential ROI
-10.4%
After renovation
Note: Renovation cost estimates are AI-generated based on property location and general characteristics, and may not reflect actual costs.
Monthly Sales
68
Average per month
Market Turnover
19%
Properties sold annually

Local Market Trend (LE4)

Area prices are stable by +1.4% over the last 12 months
3 year growth: +3.2%
5 year growth: +22.3%
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

Alan Close, Leicester, Leicestershire. LE4 7QW
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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
£1,302
Based on a loan of £273,750 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.

Stamp Duty Calculator

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