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Talbot Street, Whitwick, LE67

East Midlands

£195,000
Listed on 09/10/2025

Property Details

Bedrooms
2
Type
Detached house
Area
653 sqft

Description

This two-bedroom semi-detached bungalow offers a unique opportunity for renovation and investment, appealing to both seasoned property developers and those looking to create their ideal home. Nestled in a sought-after location, the property is currently in need of modernisation, allowing for customization according to personal preferences or market trends. The bungalow is situated on a substantial plot, enhancing its potential for expansion or landscaping projects. Externally, there is a private driveway leading to a detached single garage, providing both storage and parking options. The expansive rear garden, though overgrown at present, serves as a blank canvas for gardening enthusiasts or anyone looking to establish an outdoor retreat. Inside, the layout includes a spacious entrance hall that connects all main living areas. The lounge features a traditional fire surround and large windows that invite natural light into the space. The kitchen comes equipped with essential wall and base units, offering functionality while presenting opportunities for updating and redesign. The two bedrooms are generously sized; the first includes fitted wardrobes and views of the rear garden, while the second also boasts ample space and storage options—ideal for guests or versatile use as an office. The bathroom contains fundamental fixtures such as a bath and wash basin, featuring partially tiled walls and ventilation through a rear-facing window. Additionally, there is a garden room or lean-to that overlooks the rear garden and provides supplementary storage or workspace options. With no onward chain, this bungalow's spacious interior layout combined with its large plot presents significant potential for value enhancement through renovations. Whether aiming for personal enjoyment or as an investment project, this property stands out as an intriguing prospect in today’s real estate market.

Investment Analysis

(LE67 area)

Above Market Value

This property is priced +15.4% above area average per sq ft

+15.4%
This Property
£299/sq ft
Area Average
£259/sq ft
Avg Rent (weekly)
£226
Avg Yield
4.1%

Renovation Potential

Medium Refurb
Est. Renovation Cost
£20,000 - £40,000
Target Value
£185,932
10% above area average per sq ft
Potential ROI
-20.9%
After renovation
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

Talbot Street, Whitwick, LE67
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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
£714
Based on a loan of £146,250 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