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Rutland Drive, Thurmaston, Leicester, Leicestershire LE4 - Image 1
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Rutland Drive, Thurmaston, Leicester, Leicestershire LE4 - Image 3

Rutland Drive, Thurmaston, Leicester, Leicestershire LE4

East Midlands

£245,000
Listed on 26/03/2026

Property Details

Bedrooms
3
Type
Semi Detached
Area
458 sqft

Description

This three-bedroom semi-detached house presents a significant opportunity for buyers seeking to invest in a property that offers ample space and potential for future development. Situated on a generous plot with wrap-around gardens, it includes well-sized front and rear outdoor areas along with additional land to the side. The interior features a welcoming entrance hallway leading to an expansive lounge-diner, perfect for family gatherings. The kitchen is spacious, equipped with wall and base units, abundant worktop space, and direct access to the rear garden. Upstairs, you'll find a traditional layout consisting of three bedrooms, including two spacious doubles. The family bathroom is currently tidy, complemented by a separate W/C positioned conveniently on the landing. A partially converted loft adds additional versatility for use as a reading nook or hobby area. This property’s exterior offers immense potential for enhancement; with the right planning permissions, you could explore various modifications or extensions. The sizeable rear garden is ideal for entertaining, while the side yard provides extra storage options alongside a detached garage. Furthermore, there is off-road parking for two vehicles at the front, with scope to increase this if needed.

Investment Analysis

(LE4 area)

Above Market Value

This property is priced +83.6% above area average per sq ft

+83.6%
This Property
£535/sq ft
Area Average
£291/sq ft
Avg Rent (weekly)
£247
Avg Yield
4.6%

Renovation Potential

Medium Refurb
Est. Renovation Cost
£20,000 - £35,000
Target Value
£146,807
10% above area average per sq ft
Potential ROI
-47.6%
After renovation
Note: Renovation cost estimates are AI-generated based on property location and general characteristics, and may not reflect actual costs.
Monthly Sales
60
Average per month
Market Turnover
43%
Properties sold annually

Local Market Trend (LE4)

Area prices are rising by +2.8% over the last 12 months
3 year growth: +5.3%
5 year growth: +26.4%
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

Rutland Drive, Thurmaston, Leicester, Leicestershire LE4
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Mortgage Calculator

£
£
£
%
%
years

Current average 2-year fixed rate is 4.06%

Current average variable rate is 6.81%

Monthly Repayments
£884
Based on a loan of £183,750 over 30 years at 4.06% 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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