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Charnwood Road, Shepshed, Leicestershire - Image 1
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Charnwood Road, Shepshed, Leicestershire

East Midlands

£160,000
Listed on 18/10/2025

Property Details

Bedrooms
3
Type
Terraced house

Description

This classic three-bedroom terraced home presents a promising opportunity for renovation and investment, located in the amenable area of Shepshed. While the property currently requires modernization, it has solid foundations and an appealing layout that can be transformed into a comfortable residence or rental unit. The ground floor features a cozy living room with a log burner, adding warmth and character, as well as a dining room that offers ample space for gatherings. The kitchen, although compact, provides essential amenities and potential for upgrades to create an inviting cooking space. There's also a conveniently located bathroom on this level that includes basic fixtures. Upstairs, the first floor accommodates two generously sized bedrooms, each with its own distinct character and natural light. An additional versatile bedroom or office space is situated on the second floor, providing options for remote work or guest accommodations. Outdoors, the property boasts a mature rear garden that is perfect for those wanting to cultivate their green thumb or create a relaxing retreat. With shared access from neighboring properties, it features paved seating areas at both ends—ideal for enjoying sunny afternoons. Equipped with gas central heating and uPVC double glazing, this property benefits from essential modern conveniences while offering significant potential for enhancement. The location's accessibility to local amenities further increases its appeal as either a family home or an investment opportunity in the rental market. This property is offered with no upward chain, allowing a swift transition into your next project.

Investment Analysis

(LE12 area)
Area Average
£296/sq ft
Avg Rent (weekly)
£234
Avg Yield
3.9%

Renovation Potential

Medium Refurb
Est. Renovation Cost
£25,000 - £40,000
Note: Renovation cost estimates are AI-generated based on property location and general characteristics, and may not reflect actual costs.
Monthly Sales
72
Average per month
Market Turnover
15%
Properties sold annually

Local Market Trend (LE12)

Area prices are rising by +4.3% over the last 12 months
3 year growth: 2.6%
5 year growth: 20.7%
Investment Disclaimer: Analysis based on LE12 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

Charnwood Road, Shepshed, Leicestershire
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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
£586
Based on a loan of £120,000 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