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No Chain at Chadwell Close, Asfordby, LE14 3TQ

East Midlands

£250,000
Listed on 19/08/2025

Property Details

Bedrooms
3
Type
Semi-detached house

Description

This three-bedroom semi-detached house is positioned on a generous corner plot in the well-serviced village of Asfordby. While the property requires extensive refurbishment, it presents a unique opportunity for renovation and investment, making it ideal for those looking to create their dream home or to tap into the rental market. The layout includes an entrance porch that leads into a hallway with stairs to the first floor, providing access to various living spaces. The living room is spacious and features windows on both the front and side, enhancing natural light, while a fireplace adds character. This area flows into the dining room, which offers additional space for gatherings and has a serving hatch leading conveniently to the kitchen. The kitchen itself is functional but in need of modernization. It features a window that opens up views into the sunroom, which is equipped with sliding patio doors to maximize sunlight and connect indoor and outdoor spaces. A range of wall and base units provide storage options, and there is plumbing available for essential appliances. Upstairs, you will find three bedrooms—each offering ample space for customization—and a family bathroom fitted with a classic three-piece suite. The property benefits from off-road parking provided by a driveway that leads to a detached garage. Surrounding gardens offer potential for landscaping or creating outdoor living areas. The exterior includes gardens at both the front and side, along with an enclosed rear garden designed for low maintenance. This versatile outdoor area could be transformed into an inviting space with some creative landscaping. Asfordby itself is well-equipped with amenities and offers easy access to larger towns while maintaining a peaceful village atmosphere. The potential inherent in this property makes it an exciting prospect for buyers looking to invest in an area that is ripe for development and rejuvenation.

Investment Analysis

(LE14 area)
Area Average
£288/sq ft
Avg Rent (weekly)
£237
Avg Yield
2.7%

Renovation Potential

Heavy Refurb
Est. Renovation Cost
£60,000 - £90,000
Note: Renovation cost estimates are AI-generated based on property location and general characteristics, and may not reflect actual costs.
Monthly Sales
17
Average per month
Market Turnover
12%
Properties sold annually

Local Market Trend (LE14)

Area prices are rising by +8.9% over the last 12 months
3 year growth: 2.1%
5 year growth: 8.7%
Investment Disclaimer: Analysis based on LE14 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

No Chain at Chadwell Close, Asfordby, LE14 3TQ
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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
£916
Based on a loan of £187,500 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