Jean Drive, Leicester, LE4

This three-bedroom semi-detached property represents a significant renovation opportunity in a well-established Leicester location. With a guide price of £230,000, it sits at £305/sqf, which is slightly above the local average of £291/sqf. While the initial price may seem attractive, the all-in costs, including the anticipated refurbishment budget of £40,000 to £120,000, stretch the financial viability compared to local benchmarks, especially given the implied current value of approximately £220,000. This is a project that requires extensive work, but it does offer the potential to create a family home tailored to individual tastes.

The property features a dated kitchen and bathroom, both in need of significant updates, alongside a lounge where floorboards require replacement. The overall condition is marked by general wear and the need for modernisation, yet it benefits from a good-sized garden and a driveway for off-road parking. The substantial scale of this project, combined with the potential for significant value increase post-renovation, makes it an intriguing proposition for buyers willing to undertake a full renovation.