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Murby Way, Thorpe Astley

East Midlands

£270,000
Listed on 18/10/2025

Property Details

Bedrooms
3
Type
Semi-detached house
Area
945 sqft

Description

Nestled within the sought-after Thorpe Astley development, this three-bedroom townhouse presents a valuable opportunity for renovation and investment. The property is spread across three well-designed levels, offering ample space and flexibility to accommodate various lifestyle needs. The ground floor welcomes you with a spacious hallway that leads to a light-filled lounge and a modern kitchen/diner, creating an inviting family environment. Large windows in the lounge overlook the front garden, while the kitchen area boasts contemporary cabinetry and generous workspace, making it suitable for both everyday living and entertaining. The dining section provides enough room for gatherings, and patio doors seamlessly connect the interior to the thoughtfully landscaped rear garden – an ideal setting for outdoor enjoyment. Additionally on this floor, a convenient guest WC and access to an integral garage allow for practical storage solutions or potential conversion (subject to planning permission), enhancing the property's adaptability. Moving to the first floor, you will find two well-proportioned double bedrooms along with a family bathroom. These rooms can easily serve diverse purposes – from guest accommodation to home offices, ideal for today's flexible living arrangements. The stylish bathroom features modern fixtures, ensuring comfort for all occupants. The top floor is dedicated to the master suite, offering a private retreat complete with an en suite shower room and a walk-in dressing room. This layout not only provides privacy but also reflects the potential for increased value through personal touch-ups or remodeling. Externally, the front of the property includes a private driveway leading to the garage, while the rear garden has been professionally designed for low maintenance with a combination of patio areas and decorative borders – perfect for relaxation or entertaining guests. Thorpe Astley enjoys favorable positioning on Leicester's western edge, combining suburban peace with easy access to urban conveniences. Local amenities are plentiful, including shops at Fosse Park and entertainment options at Meridian Leisure Park. The area is supported by excellent transport links such as proximity to major roadways including the M1 and M69, making commuting straightforward. With local parks and schools nearby, this neighborhood remains appealing to families and professionals alike. This property offers not just a home but also significant potential for those looking to invest in renovations that can enhance both livability and market value in a desirable location.

Investment Analysis

(LE3 area)

Above Market Value

This property is priced +13.1% above area average per sq ft

+13.1%
This Property
£286/sq ft
Area Average
£253/sq ft
Avg Rent (weekly)
£265
Avg Yield
5.5%

Renovation Potential

Light Refurb
Est. Renovation Cost
£10,000 - £20,000
Target Value
£262,682
10% above area average per sq ft
Potential ROI
-9.4%
After renovation
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

Murby Way, Thorpe Astley
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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
£989
Based on a loan of £202,500 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