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Glenfield Frith Drive, Glenfield, Leicester, Leicestershire - Image 1
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Glenfield Frith Drive, Glenfield, Leicester, Leicestershire

East Midlands

£575,000

Listed on 13/06/2026

Property Details

Bedrooms
4
Type
Detached Bungalow
Area
1941 sqft

Description

Situated on a generous plot of approximately 0.6 acres in the sought-after area of Glenfield, this four-bedroom detached bungalow presents an exceptional opportunity for renovation and investment. Tucked away from the main road, the property offers both privacy and potential for those looking to create their dream home. The sizeable grounds provide ample space for landscaping, possible extensions (pending planning permission), or even the establishment of outdoor amenities tailored to personal needs. Internally, the bungalow's layout includes an entrance hall that leads to a spacious open-plan lounge/dining room, a functional breakfast kitchen, utility room, four sizeable bedrooms, and a family bathroom. While the property currently offers comfortable living space, it is ripe for modernisation and improvement to meet contemporary standards. The exterior features well-maintained gardens that add to the appeal of this unique offering. The long gravel driveway enhances access while providing significant off-road parking options. Additionally, with existing outbuildings and garages, there is further scope to customise these spaces for various uses—be it storage, workshops or home offices. Given its prime location and development potential within established boundaries, early viewing is essential for those interested in exploring all that this property can become.

Investment Analysis

(LE3 area)

Above Market Value

This property is priced +16.0% above area average per sq ft

+16.0%
This Property
£296/sq ft
Area Average
£255/sq ft
Avg Rent (weekly)
£246
Avg Yield
4.9%

Renovation Potential

Medium Refurb
Est. Renovation Cost
£50,000 - £80,000
Target Value
£545,091
10% above area average per sq ft
Potential ROI
-16.8%
After renovation
Note: Renovation cost estimates are AI-generated based on property location and general characteristics, and may not reflect actual costs.
Monthly Sales
75
Average per month
Market Turnover
14%
Properties sold annually

Local Market Trend (LE3)

Area prices are stable by -0.5% over the last 12 months
3 year growth: +0.4%
5 year growth: +17.3%
Investment Disclaimer: Analysis based on LE3 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

Glenfield Frith Drive, Glenfield, Leicester, Leicestershire
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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
£2,172
Based on a loan of £431,250 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.

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