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Dorchester Close, Blaby

East Midlands

£250,000
Listed on 16/08/2025

Property Details

Bedrooms
3
Type
Semi-detached house
Area
807 sqft

Description

This three-bedroom semi-detached house presents a compelling opportunity for those interested in renovation and investment. While the property is in need of modernization, it serves as an excellent canvas for creating a personalized living environment that aligns with your vision and lifestyle. Spacious interiors include three well-sized bedrooms that offer flexibility for various uses, whether you envision serene personal retreats, vibrant children's spaces, or a dedicated home office. The generous layout allows for creative reconfiguration to suit your needs. The kitchen, currently functional yet dated, provides a solid starting point for transformation. With some thoughtful updates, this area could be reimagined into a contemporary culinary space or even an open-plan kitchen-diner that enhances the flow of the home. The reception room stands out as a potential centerpiece for gatherings and family time. With some renovations, this space can be transformed into a cozy gathering spot that invites both relaxation and social interaction. A functional bathroom exists at present, but it holds considerable potential for updating to meet modern tastes and enhance daily convenience. On the exterior, the property features a forecourt with parking space for up to three vehicles and access to a single garage at the rear. This garage offers additional storage options or possibilities for future conversion into usable living space (subject to planning permissions). This home is particularly suitable for buyers who are prepared to invest time and resources into renovations. Whether you are a first-time buyer looking to make your mark, a family seeking more space, or an investor aiming to capitalize on the area’s potential, this property represents an exciting project with significant rewards waiting on the other side of renovation.

Investment Analysis

(LE8 area)

Above Market Value

This property is priced +1.1% above area average per sq ft

+1.1%
This Property
£310/sq ft
Area Average
£306/sq ft
Avg Rent (weekly)
£274
Avg Yield
3.8%

Renovation Potential

Est. Renovation Cost
£25,000 - £62,500
10-25% of property value
Target Value
£271,947
10% above area average per sq ft
Potential ROI
-13.0%
After renovation
Monthly Sales
33
Average per month
Market Turnover
40%
Properties sold annually

Local Market Trend (LE8)

Area prices are rising by +3.9% over the last 12 months
3 year growth: 1.4%
5 year growth: 19.1%
Investment Disclaimer: Analysis based on LE8 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

Dorchester Close, Blaby
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