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Albert Road, Market Harborough LE16 - Image 1
Albert Road, Market Harborough LE16 - Image 2
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Albert Road, Market Harborough LE16 - Image 5

Albert Road, Market Harborough LE16

East Midlands

£200,000
Listed on 16/02/2026

Property Details

Bedrooms
2
Type
Detached house
Area
979 sqft

Description

This detached bungalow, available for the first time since its construction in 1936, presents a unique opportunity for investors and homeowners looking to undertake a comprehensive renovation project. Conveniently located within walking distance of the town centre and the train station, this property boasts proximity to a range of local amenities including independent shops and dining options. The bungalow features original elements from the 1930s, including internal doors with Art Deco handles and charming timber panelling in the spacious living room, which is complemented by a bay window and an open fireplace. The dining room offers additional potential with its original quarry tiled flooring. The kitchen requires modernisation but retains functional features such as base-level units and access to a pantry. With two generously sized double bedrooms and a bathroom adorned with period metro tiles, there's ample space to create a contemporary home. Notably, the loft space accessible from the bathroom could be transformed into additional bedrooms or living areas, subject to obtaining the necessary planning consent. Outside, enjoy a manageable rear garden complete with mature plantings and a storage shed. Given its current condition, this property would benefit from full modernisation to bring it up to date while retaining its original charm. Interested buyers are strongly advised to conduct thorough inspections and consider engaging professionals for detailed assessments.

Investment Analysis

(LE16 area)

Below Market Value

This property is priced -38.0% below area average per sq ft

-38.0%
Potential saving
This Property
£204/sq ft
Area Average
£329/sq ft
Avg Rent (weekly)
£261
Avg Yield
3.5%

Renovation Potential

Heavy Refurb
Est. Renovation Cost
£60,000 - £90,000
Target Value
£354,569
10% above area average per sq ft
Potential ROI
+22.3%
After renovation
Note: Renovation cost estimates are AI-generated based on property location and general characteristics, and may not reflect actual costs.
Monthly Sales
38
Average per month
Market Turnover
30%
Properties sold annually

Local Market Trend (LE16)

Area prices are falling by +3.7% over the last 12 months
3 year growth: -3.4%
5 year growth: 6.9%
Investment Disclaimer: Analysis based on LE16 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

Albert Road, Market Harborough LE16
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Mortgage Calculator

£
£
£
%
%
years

Current average 2-year fixed rate is 4.06%

Current average variable rate is 6.81%

Monthly Repayments
£721
Based on a loan of £150,000 over 30 years at 4.06% 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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