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Drovers Close, Glenfield, Leicester LE3 - Image 1
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Drovers Close, Glenfield, Leicester LE3

East Midlands

£600,000
Listed on 17/03/2026

Property Details

Bedrooms
4
Type
Detached
Area
1647 sqft

Description

This four-bedroom detached residence is situated on a substantial corner plot within a quiet cul-de-sac in Glenfield, offering significant potential for renovation and extension (subject to planning approvals). The property features a spacious entrance hallway leading to a versatile room that was previously a garage, which can serve as a study or playroom. The lounge provides a cozy area for relaxation, while the extended kitchen and living space at the rear are well-suited for family gatherings. With ample parking available and generous outdoor areas, there's considerable scope to enhance this home further. Upstairs, you'll find four sizable double bedrooms, including a main bedroom with an en-suite shower room, alongside a family bathroom. This property is not only ready for immediate living but also presents an attractive opportunity for investors looking to modernize and expand.

Investment Analysis

(LE3 area)

Above Market Value

This property is priced +43.5% above area average per sq ft

+43.5%
This Property
£364/sq ft
Area Average
£254/sq ft
Avg Rent (weekly)
£251
Avg Yield
5.1%

Renovation Potential

Medium Refurb
Est. Renovation Cost
£25,000 - £40,000
Target Value
£460,081
10% above area average per sq ft
Potential ROI
-28.1%
After renovation
Note: Renovation cost estimates are AI-generated based on property location and general characteristics, and may not reflect actual costs.
Monthly Sales
79
Average per month
Market Turnover
15%
Properties sold annually

Local Market Trend (LE3)

Area prices are stable by -1.9% over the last 12 months
3 year growth: -0.7%
5 year growth: +18.2%
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

Drovers Close, Glenfield, Leicester LE3
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Mortgage Calculator

£
£
£
%
%
years

Current average 2-year fixed rate is 3.91%

Current average variable rate is 6.62%

Monthly Repayments
£2,125
Based on a loan of £450,000 over 30 years at 3.91% 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

Price History

-4.0% since listed
£600,000£25,000(-4.0%)
28/03/2026
Current price
£625,000Initial listing
17/03/2026

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