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Balmoral Drive, Braunstone Town

East Midlands

£235,000
Listed on 23/10/2025

Property Details

Bedrooms
3
Type
Terraced house
Area
818 sqft

Description

This three-bedroom mid-terraced home offers a thoughtful blend of space and functionality, making it an appealing choice for both first-time buyers and savvy investors. Recently updated with new windows and a front door, the property is ready for immediate occupancy while still holding significant renovation potential to enhance its value further. Upon entering, you are greeted by a porch that leads into a welcoming entrance hall. The ground floor features a spacious through lounge/diner enhanced by a charming bay window that floods the area with natural light. A conservatory at the rear provides additional living space and connects seamlessly to the outdoor garden, presenting opportunities for further development or modernization. The kitchen is equipped with classic Shaker-style cabinetry, offering ample storage along with space for essential appliances—a perfect canvas for those looking to create their ideal culinary environment. Upstairs, the layout includes a landing that branches off to three well-proportioned bedrooms. The master bedroom boasts its own bay window, adding character and light to the room. Completing the upstairs accommodation is a contemporary shower room featuring modern fittings including a quadrant shower cubicle, low flush WC, and a stylish vanity unit—ensuring comfort in daily routines. Outside, the property benefits from off-road parking at the front and an impressive garden to the rear that is primarily laid to lawn. Surrounded by mature trees and shrub borders, this private outdoor space enjoys a southeast orientation, making it ideal for sunlit gatherings or personal retreats. An outbuilding adds extra utility to this outdoor area. Located adjacent to Shakespeare Park, residents can take advantage of nearby green spaces while enjoying easy access to local amenities. This combination of location benefits and renovation possibilities positions this home as an excellent investment opportunity in today’s market. Potential buyers are encouraged to explore planning options for enhancements that could unlock even greater value in this promising property.

Investment Analysis

(LE3 area)

Above Market Value

This property is priced +13.7% above area average per sq ft

+13.7%
This Property
£287/sq ft
Area Average
£253/sq ft
Avg Rent (weekly)
£265
Avg Yield
5.5%

Renovation Potential

Light Refurb
Est. Renovation Cost
£15,000 - £25,000
Target Value
£227,379
10% above area average per sq ft
Potential ROI
-12.5%
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

Balmoral Drive, Braunstone Town
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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
£861
Based on a loan of £176,250 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