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Hobill Close, Leicester Forest East, LE3 - Image 1
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Hobill Close, Leicester Forest East, LE3

East Midlands

£220,000

Listed on 23/06/2026

Property Details

Bedrooms
3
Type
Semi Detached

Description

This three-bedroom semi-detached property in Leicester Forest East presents a promising opportunity for buyers interested in putting their personal touch on a home. The residence is currently liveable but requires some cosmetic updates and general care, making it an ideal candidate for gradual improvement rather than a complete overhaul. Upon entry, the porch serves as a practical area for everyday items like coats and shoes before leading into the main hallway. The staircase ascends to the upper floor while providing access to living spaces. The lounge, positioned at the front, features a window with views of the street and includes a gas fireplace that adds character. From the lounge, you step up into the dining area which has wooden floorboards and sliding patio doors that open to the rear garden, enhancing its appeal for family gatherings or entertaining guests. An archway connects to the kitchen, equipped with wall and base units, ample worktop space, a sink, gas hob, and built-in oven. It also offers convenient understairs storage along with access to the garage. The first floor accommodates three bedrooms: two spacious doubles—one with fitted wardrobes facing the back of the house and another with mirrored sliding wardrobes at the front—and a smaller room suitable for various uses such as a nursery or office. These bedrooms share a bathroom fitted with essential amenities including an electric shower over bath. Outside, enjoy a private rear garden featuring both patio space and lawn bordered by fencing. The positioning against bungalows behind means added privacy from neighboring properties. In summary, this home offers solid foundations in Leicester Forest East and showcases significant potential for enhancement. Its condition allows for gradual modernization according to personal style preferences within a well-established community.

Investment Analysis

(LE3 area)
Area Average
£255/sq ft
Avg Rent (weekly)
£246
Avg Yield
4.9%

Renovation Potential

Medium Refurb
Est. Renovation Cost
£20,000 - £35,000
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

Hobill Close, Leicester Forest East, LE3
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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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