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Grayswood Drive, Leicester, Leicestershire LE4

East Midlands

£260,000

Listed on 10/06/2026

Property Details

Bedrooms
3
Type
Detached
Area
1173 sqft

Description

Nestled in a peaceful cul-de-sac, this three-bedroom detached residence presents an inviting opportunity for renovation and investment. With spacious interiors and generous outdoor areas, it offers significant potential to enhance and customize according to personal preferences. The welcoming porch leads to a bright bay-fronted lounge, ideal as a principal living space. Towards the rear, a sizable kitchen diner provides ample room for family gatherings or entertaining guests. Additionally, the ground floor features a practical downstairs W.C., a utility room, and a garage that could be transformed into extra living space—be it a fourth bedroom or home office—given the necessary permissions. Upstairs, there are three well-sized bedrooms along with a family bathroom, making this property suitable for growing families or first-time buyers seeking longevity in their home. The exterior includes off-road parking and a tidy front garden, while the expansive rear garden boasts pleasant views of Castle Hill Country Park. Located in the desirable Astill Lodge / Beaumont Leys area of Leicester, the property is conveniently close to local amenities such as Beaumont Shopping Centre and Glenfield Hospital. Outdoor enthusiasts will appreciate the proximity to Beaumont Park and Castle Hill Country Park, making this home not only functional but also positioned for an active lifestyle. This property awaits new owners ready to bring their vision to life.

Investment Analysis

(LE4 area)

Below Market Value

This property is priced -23.7% below area average per sq ft

-23.7%
Potential saving
This Property
£222/sq ft
Area Average
£291/sq ft
Avg Rent (weekly)
£250
Avg Yield
4.6%

Renovation Potential

Medium Refurb
Est. Renovation Cost
£25,000 - £40,000
Target Value
£375,026
10% above area average per sq ft
Potential ROI
+25.0%
After renovation
Note: Renovation cost estimates are AI-generated based on property location and general characteristics, and may not reflect actual costs.
Monthly Sales
62
Average per month
Market Turnover
16%
Properties sold annually

Local Market Trend (LE4)

Area prices are stable by +2.0% over the last 12 months
3 year growth: +2.6%
5 year growth: +21.5%
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

Grayswood Drive, Leicester, Leicestershire LE4
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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
£982
Based on a loan of £195,000 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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