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Anstey Lane, Leicester LE4

East Midlands

£280,000
Listed on 17/03/2026

Property Details

Bedrooms
2
Type
Detached Bungalow
Area
1442 sqft

Description

This two-bedroom detached bungalow, extended to enhance living space, offers a valuable opportunity for those looking to invest in a single-storey home with potential for modernization. The property includes two spacious reception areas—ideal for both entertaining guests and comfortable living. Notably, the large loft room stands out as a key feature with opportunities for conversion (subject to planning permission), allowing buyers to tailor the space to their requirements or increase the property's value. The kitchen connects seamlessly with both reception rooms, creating an easy flow throughout the home, while two well-sized bedrooms provide ample room for personal furnishings and storage solutions. Outside, the private rear garden and front garden ensure privacy from the road, making it a serene retreat. Additionally, the property boasts driveway parking for multiple vehicles and a side garage that includes an attached workshop, catering perfectly to hobbyists or those requiring extra storage space. With no upward chain in place, this bungalow can be occupied immediately or can serve as a blank canvas for those wishing to update its interiors according to their taste. Its location is highly desirable due to excellent transport links and proximity to local amenities and schools—making it suitable for families or investors alike. The adaptable layout and substantial renovation potential make this property an intriguing prospect in a sought-after area of East Midlands.

Investment Analysis

(LE4 area)

Below Market Value

This property is priced -33.4% below area average per sq ft

-33.4%
Potential saving
This Property
£194/sq ft
Area Average
£291/sq ft
Avg Rent (weekly)
£247
Avg Yield
4.6%

Renovation Potential

Medium Refurb
Est. Renovation Cost
£25,000 - £40,000
Target Value
£462,219
10% above area average per sq ft
Potential ROI
+44.4%
After renovation
Note: Renovation cost estimates are AI-generated based on property location and general characteristics, and may not reflect actual costs.
Monthly Sales
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

Anstey Lane, Leicester 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
£1,010
Based on a loan of £210,000 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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