We propose a quantum heat engine based on an Aharonov-Bohm interferometer in a two-terminal geometry, and investigate its thermoelectric performances in the linear response regime. Sizeable thermopower (up to ∼ 0.3 mV/K) as well as ZT values largely exceeding unity can be achieved for suitable system parameters and temperature bias across the interferometer leading to thermal efficiency at maximum power approaching 30% of the Carnot limit. This is close to the optimal efficiency at maximum power achievable for a two-terminal heat engine. Changing either the magnetic flux or a bias voltage through a capacitively-coupled electrode allow to finely tune the quantum heat engine performance. Despite the simplicity of the setup, the high performances of the engine are stable over a wide range of temperatures and length imbalances, promising towards experimental realization.