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Archer Close, Leicester

East Midlands

£210,000

Listed on 17/07/2026

Property details

Bedrooms
2
Type
End Of Terrace
Area
679 sqft

Description

This two-bedroom end-terraced house in Rushey Mead presents a solid opportunity for renovation and investment. Situated on Archer Close, the property is freehold and offered with no chain, making it accessible for first-time buyers and investors looking to capitalize on its potential. The generous rear garden, complete with a slabbed patio area and lawn, allows for possible extensions (subject to planning permission), enhancing its appeal further. Inside, the ground floor boasts a welcoming entrance porch leading to a spacious lounge filled with natural light. The adjoining kitchen features a newly installed gas combination boiler and offers ample space for appliances, though some cosmetic updates could enhance functionality. The first floor comprises two well-sized bedrooms alongside a family bathroom that also may benefit from modernisation. The property includes a garage located in a separate block, adding practical value. With some refurbishment efforts focusing on aesthetic upgrades and possible expansions, this home stands as an attractive option in the current market.

Investment analysis

(LE4 area)

Above Market Value

This property is priced +6.2% above area average per sq ft

+6.2%
This Property
£309/sq ft
Area Average
£291/sq ft
Avg Rent (weekly)
£247
Avg Yield
4.6%

Renovation Potential

Medium Refurb
Est. Renovation Cost
£15,000 - £25,000
Target Value
£217,609
10% above area average per sq ft
Potential ROI
-7.4%
After renovation
Note: Renovation cost estimates are AI-generated based on property location and general characteristics, and may not reflect actual costs.
Monthly Sales
55
Average per month
Market Turnover
14%
Properties sold annually

Local Market Trend (LE4)

Area prices are stable by +1.1% over the last 12 months
3 year growth: +2.2%
5 year growth: +20.0%
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

Archer Close, 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
£793
Based on a loan of £157,500 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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