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New Street, Earl Shilton, Leicester

East Midlands

£200,000
Listed on 10/10/2025

Property Details

Bedrooms
3
Type
Semi-detached house
Area
1067 sqft

Description

This semi-detached family home, characterized by its classic bay-fronted design, is situated on a generous plot in a desirable and accessible area. Within walking distance to the village center, residents can enjoy convenient access to local shops, schools, healthcare facilities, dining options, and public transport links. This location not only provides a sense of community but also enhances the property’s appeal for potential future buyers or renters. While the home is in need of updating, it presents an exciting opportunity for renovation that allows one to tailor the space to modern preferences. The property benefits from gas central heating and UPVC double glazing, ensuring a solid foundation for updates. Inside, the layout offers spacious accommodations beginning with an inviting entrance hall that leads into a front lounge featuring an ornamental fireplace and multi-fuel stove. The dining room at the rear includes French doors that open onto the garden, providing a seamless connection between indoor and outdoor spaces. The fitted kitchen is functional as-is but could easily be transformed into a contemporary culinary haven; it features ample cabinetry and workspace alongside essential appliances. A practical rear porch leads to a brick-built WC and utility area, adding further functionality to the home. Upstairs, three well-proportioned bedrooms await—each adaptable to suit various needs—and a bathroom equipped with essential fixtures that can be remodeled into a more modern space. The exterior of the property features both front and expansive rear gardens. The long garden is primarily laid to lawn with an extensive patio area for relaxation or entertaining. Additionally, there is a sizable timber garage located at the bottom of the garden with vehicular access from Mona Street. Given its location, size, and renovation potential, this property stands as an excellent investment opportunity within a community-oriented area. Whether seeking to create your dream home or looking for an investment in rental properties, this home offers flexibility and scope for appreciation in value over time.

Investment Analysis

(LE9 area)

Below Market Value

This property is priced -32.5% below area average per sq ft

-32.5%
Potential saving
This Property
£187/sq ft
Area Average
£278/sq ft
Avg Rent (weekly)
£228
Avg Yield
4.1%

Renovation Potential

Medium Refurb
Est. Renovation Cost
£25,000 - £40,000
Target Value
£326,113
10% above area average per sq ft
Potential ROI
+35.9%
After renovation
Note: Renovation cost estimates are AI-generated based on property location and general characteristics, and may not reflect actual costs.
Monthly Sales
60
Average per month
Market Turnover
17%
Properties sold annually

Local Market Trend (LE9)

Area prices are stable by +2.0% over the last 12 months
3 year growth: 0.2%
5 year growth: 16.3%
Investment Disclaimer: Analysis based on LE9 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

New Street, Earl Shilton, Leicester
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Mortgage Calculator

£
£
£
%
%
years

Current average 2-year fixed rate is 4.19%

Current average variable rate is 6.78%

Monthly Repayments
£733
Based on a loan of £150,000 over 30 years at 4.19% 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.

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YOUR HOME MAY BE REPOSSESSED IF YOU DO NOT KEEP UP REPAYMENTS ON YOUR MORTGAGE