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Gloucester Close, Desford, Leicester, Leicestershire, LE9 9HQ - Image 1
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Gloucester Close, Desford, Leicester, Leicestershire, LE9 9HQ

East Midlands

£220,000

Listed on 11/06/2026

Property Details

Bedrooms
3
Type
Detached
Area
1204 sqft

Description

This three-bedroom detached residence on Gloucester Close, Desford, is an intriguing proposition for those looking to embark on a comprehensive renovation journey. With a generous internal layout featuring an entrance hall, spacious lounge with garden access, kitchen, three well-sized bedrooms, a family bathroom, and additional cloakroom/WC, this property is designed for transformation. While the home requires significant modernisation throughout, it offers a blank canvas to redefine the space according to personal taste and aspirations. Highlighting the potential for upgrading, extending (subject to planning permissions), and increasing overall value, this property is perfect for investors or buyers keen on customising their living environment. The external aspects include a private rear garden and driveway with garage space that could be reimagined into additional living areas or storage solutions. Located in a desirable village setting with access to local amenities and transport links, this property's position enhances its appeal as a solid investment opportunity in today's market.

Investment Analysis

(LE9 area)

Below Market Value

This property is priced -34.9% below area average per sq ft

-34.9%
Potential saving
This Property
£183/sq ft
Area Average
£281/sq ft
Avg Rent (weekly)
£234
Avg Yield
4.0%

Renovation Potential

Heavy Refurb
Est. Renovation Cost
£35,000 - £60,000
Target Value
£371,825
10% above area average per sq ft
Potential ROI
+32.8%
After renovation
Note: Renovation cost estimates are AI-generated based on property location and general characteristics, and may not reflect actual costs.
Monthly Sales
61
Average per month
Market Turnover
13%
Properties sold annually

Local Market Trend (LE9)

Area prices are stable by -0.2% over the last 12 months
3 year growth: +0.7%
5 year growth: +14.1%
Investment Disclaimer: Analysis based on LE9 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

Gloucester Close, Desford, Leicester, Leicestershire, LE9 9HQ
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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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