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Cedar Drive, Ibstock, Leicestershire

East Midlands

£219,995
Listed on 15/10/2025

Property Details

Bedrooms
3
Type
Semi-detached house

Description

This three-bedroom semi-detached house presents a solid opportunity for renovation or investment in an attractive commuter town. Located in a sought-after area of Ibstock, the property offers a blend of convenience and potential, ideal for those looking to put their personal touch on a residence. As you enter, you’ll find a welcoming entrance hall leading to an open-plan lounge and dining area. These connected spaces feature natural light from front and rear-facing uPVC double glazed windows, along with the warmth of an Adam Style electric fireplace. The ground floor layout also includes access to a straightforward kitchen equipped with essential appliances and ample storage space, which could benefit from modern updates. Upstairs, the accommodation comprises three bedrooms, each offering practical living space and varying aspects of natural light. The shower room features essential fixtures, including a corner shower enclosure and modern vanity unit. Enhancements here could significantly elevate the overall appeal of the home. Externally, the property boasts a generous private garden at the rear, complete with a paved patio area perfect for outdoor entertaining or relaxation. There’s also access through a carport that enhances versatility while providing off-road parking for multiple vehicles at the front. While this home is in need of some modernization, its established features and garden space contribute to its investment potential. With thoughtful renovations, there is ample opportunity to increase both comfort and value in this promising property.

Investment Analysis

(LE67 area)
Area Average
£259/sq ft
Avg Rent (weekly)
£226
Avg Yield
4.1%

Renovation Potential

Medium Refurb
Est. Renovation Cost
£15,000 - £25,000
Note: Renovation cost estimates are AI-generated based on property location and general characteristics, and may not reflect actual costs.
Monthly Sales
74
Average per month
Market Turnover
18%
Properties sold annually

Local Market Trend (LE67)

Area prices are stable by +1.2% over the last 12 months
3 year growth: 0.6%
5 year growth: 22.4%
Investment Disclaimer: Analysis based on LE67 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

Cedar Drive, Ibstock, 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
£806
Based on a loan of £164,996 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