Worst House on the Street Logo
Main Street, Leicester LE9 - Image 1
Main Street, Leicester LE9 - Image 2
Main Street, Leicester LE9 - Image 3
Main Street, Leicester LE9 - Image 4
Main Street, Leicester LE9 - Image 5

Main Street, Leicester LE9

East Midlands

£375,000
Listed on 15/08/2025

Property Details

Bedrooms
4
Type
Detached house
Area
1259 sqft

Description

This detached cottage presents a unique opportunity for renovation in the heart of Cosby village, nestled within a conservation area. Positioned on a generous plot, the property offers ample potential for transformation into an inviting family home or an investment project. The layout features an entrance area that leads to two reception rooms, each filled with natural light thanks to dual aspect windows. A sizable 15-foot kitchen is equipped with base and wall units and boasts two front-facing windows, offering a pleasant view of the surroundings. Additional amenities include a utility room and a conveniently located downstairs shower room with WC. Upstairs, you will find three double bedrooms along with a study or nursery space, complemented by a family bathroom. The property benefits from gas-fired central heating throughout. Externally, the cottage enjoys picturesque views of the nearby brook and St. Michael & All Angels Church. The front garden is well-maintained and set back from the road, providing both privacy and curb appeal. A driveway offers off-road parking options, while there is also a side shed for additional storage needs. This property is being sold with no onward chain, making it an attractive option for those looking to invest in a village setting ripe for improvement. An early viewing is recommended to fully appreciate its potential and prime location.

Investment Analysis

(LE9 area)

Above Market Value

This property is priced +7.3% above area average per sq ft

+7.3%
This Property
£298/sq ft
Area Average
£278/sq ft
Avg Rent (weekly)
£239
Avg Yield
4.2%

Renovation Potential

Est. Renovation Cost
£37,500 - £93,750
10-25% of property value
Target Value
£384,448
10% above area average per sq ft
Potential ROI
-18.0%
After renovation
Monthly Sales
46
Average per month
Market Turnover
38%
Properties sold annually

Local Market Trend (LE9)

Area prices are falling by +3.2% over the last 12 months
3 year growth: -0.3%
5 year growth: 18.3%
Investment Disclaimer: Analysis based on LE9 area averages and may not reflect property-specific factors like condition, exact location, or unique features. 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

Main Street, Leicester LE9
Map showing location of Main Street, Leicester LE9
Open Map