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Harlequin Road, Sileby, LE12

East Midlands

£225,000
Listed on 15/10/2025

Property Details

Bedrooms
3
Type
Semi-detached house
Area
1016 sqft

Description

This three-storey semi-detached home offers significant renovation and investment potential, situated conveniently within walking distance to the village centre. The property benefits from a strategic location with easy access to local shops, everyday amenities, and a mainline train station that provides quick transport links to London. The spacious layout includes three well-proportioned double bedrooms, making it ideal for families or those desiring additional space. Although updates are needed throughout, this home serves as an excellent opportunity for buyers looking to customize their living environment or increase its value through thoughtful renovations. On the ground floor, you’ll find a practical W.C. leading into a kitchen equipped with fundamental appliances and plumbing for both a dishwasher and washing machine. The large lounge-diner at the rear features double doors opening onto the garden, presenting an inviting setting for outdoor gatherings in warmer months. The first floor houses two substantial double bedrooms along with a family bathroom, while the top floor contains the master bedroom and an additional shower room positioned nearby for convenience. The exterior includes a backyard with a lawned area and patio space bordered by walls for privacy. A side door provides direct access to a single garage, which is accessible from the rear of the property where additional parking is available. This home’s blend of location, ample living space, and renovation possibilities makes it particularly appealing for long-term investment or as a family residence in a vibrant village community. Notable features include uPVC double glazing throughout and gas central heating powered by a conventional boiler located discreetly within the kitchen cupboard. In summary, this property stands out for its generous dimensions and untapped potential—presenting an exciting canvas for buyers ready to invest in their vision.

Investment Analysis

(LE12 area)

Below Market Value

This property is priced -25.3% below area average per sq ft

-25.3%
Potential saving
This Property
£221/sq ft
Area Average
£296/sq ft
Avg Rent (weekly)
£234
Avg Yield
3.9%

Renovation Potential

Medium Refurb
Est. Renovation Cost
£20,000 - £35,000
Target Value
£331,145
10% above area average per sq ft
Potential ROI
+27.4%
After renovation
Note: Renovation cost estimates are AI-generated based on property location and general characteristics, and may not reflect actual costs.
Monthly Sales
72
Average per month
Market Turnover
15%
Properties sold annually

Local Market Trend (LE12)

Area prices are rising by +4.3% over the last 12 months
3 year growth: 2.6%
5 year growth: 20.7%
Investment Disclaimer: Analysis based on LE12 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

Harlequin Road, Sileby, LE12
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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
£824
Based on a loan of £168,750 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