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Prospect Way, Earl Shilton

East Midlands

£230,000
Listed on 15/09/2025

Property Details

Bedrooms
3
Type
Semi-detached house

Description

This semi-detached family home is situated in a desirable cul-de-sac, just a short walk from the village center, which offers a variety of amenities including shops, schools, medical facilities, parks, and public transport links. The property presents a unique opportunity for renovation and investment, ideal for buyers looking to personalize their space or enhance its value. While the home requires some updating, it features essential elements such as gas central heating and UPVC double glazing throughout. The layout includes an entrance hallway that leads into a spacious lounge with a feature fireplace. Adjacent to the lounge is a dining room that opens into a conservatory at the rear, offering potential for additional living space or entertaining areas. The kitchen provides ample storage with fitted units and integrated appliances, while a side lobby gives access to the garden. Upstairs, you'll find three bedrooms which benefit from built-in wardrobes, maximizing storage options. The bathroom is functional but could easily be transformed into a modern retreat. Outdoors, the property boasts a front garden primarily laid to lawn alongside a block-paved driveway leading to a detached garage. The enclosed rear garden features both patio and lawn areas, providing an excellent canvas for landscaping or outdoor activities. For those interested in investment potential, this home’s prime location and existing structural features make it ripe for renovation efforts that can increase its appeal and market value. With council tax band B and freehold tenure, this property represents an attractive proposition in today's housing market.

Investment Analysis

(LE9 area)
Area Average
£278/sq ft
Avg Rent (weekly)
£228
Avg Yield
4.1%

Renovation Potential

Medium Refurb
Est. Renovation Cost
£15,000 - £30,000
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

Prospect Way, Earl Shilton
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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
£843
Based on a loan of £172,500 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