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Marston Road, Leicester

East Midlands

£220,000

Listed on 09/06/2026

Property Details

Bedrooms
2
Type
Detached Bungalow
Area
860 sqft

Description

This two-bedroom detached bungalow presents a unique opportunity for buyers keen on making their mark in the property market. With no onward chain, the home features a spacious layout that includes an entrance hall, a large lounge/dining area, a kitchen, conservatory, two bedrooms, and a shower room. The exterior boasts a front garden, driveway, and an enclosed rear garden that can be transformed into a tranquil outdoor space. Although the interior requires modernisation to unlock its full potential, this competitive pricing reflects the necessary updates needed. Properties like this offer significant upside for investment or personalisation in a desirable East Midlands location.

Investment Analysis

(LE4 area)

Below Market Value

This property is priced -12.0% below area average per sq ft

-12.0%
Potential saving
This Property
£256/sq ft
Area Average
£291/sq ft
Avg Rent (weekly)
£250
Avg Yield
4.6%

Renovation Potential

Medium Refurb
Est. Renovation Cost
£20,000 - £35,000
Target Value
£274,955
10% above area average per sq ft
Potential ROI
+7.8%
After renovation
Note: Renovation cost estimates are AI-generated based on property location and general characteristics, and may not reflect actual costs.
Monthly Sales
62
Average per month
Market Turnover
16%
Properties sold annually

Local Market Trend (LE4)

Area prices are stable by +2.0% over the last 12 months
3 year growth: +2.6%
5 year growth: +21.5%
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

Marston Road, Leicester
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Mortgage Calculator

£
£
£
%
%
years

Current average 2-year fixed rate is 4.45%

Current average variable rate is 6.60%

Monthly Repayments
£831
Based on a loan of £165,000 over 30 years at 4.45% 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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