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Tyrrell Street, Leicester

East Midlands

£200,000
Listed on 12/09/2025

Property Details

Bedrooms
3
Type
Terraced house

Description

This mid-terraced home presents an excellent opportunity for those looking to invest in a property with renovation potential. Located in a well-connected area of Leicester, the property features a straightforward layout that supports both functional family living and the chance to make personalized updates. The ground floor encompasses two reception rooms, providing versatile spaces for relaxation or entertaining guests, as well as a kitchen that opens directly into the rear garden. This layout allows for easy flow and the possibility of creating a more modern open-plan space if desired. On the first floor, three bedrooms offer ample accommodation for families or visitors. Each room is generously sized with windows that invite natural light, creating a welcoming atmosphere. The bathroom, while serviceable, also presents an opportunity for remodeling to enhance both functionality and style. Although the property is currently in good condition, some renovation work would allow buyers to customize their new home to suit their tastes and lifestyle needs. Notably, cavity wall insulation is already installed throughout, which can lead to improved energy efficiency—an attractive feature for future homeowners or renters. Positioned conveniently near local amenities and transport links, this house not only promises comfortable living but also holds significant investment potential. Whether you are a first-time buyer eager to embark on a renovation project or an investor

Investment Analysis

(LE3 area)
Area Average
£253/sq ft
Avg Rent (weekly)
£265
Avg Yield
5.5%

Renovation Potential

Light Refurb
Est. Renovation Cost
£5,000 - £15,000
Note: Renovation cost estimates are AI-generated based on property location and general characteristics, and may not reflect actual costs.
Monthly Sales
67
Average per month
Market Turnover
16%
Properties sold annually

Local Market Trend (LE3)

Area prices are stable by +1.1% over the last 12 months
3 year growth: 0.2%
5 year growth: 24.0%
Investment Disclaimer: Analysis based on LE3 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

Tyrrell Street, Leicester
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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
£733
Based on a loan of £150,000 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