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Midland Road, Ellistown, Coalville - Image 1
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Midland Road, Ellistown, Coalville

East Midlands

£160,000
Listed on 25/10/2025

Property Details

Bedrooms
3
Type
Terraced house
Area
1141 sqft

Description

This three-bedroom home presents a compelling opportunity for those interested in renovation and investment. With approximately 1,100 square feet of living space, the property is primed for transformation and offers significant potential for development, subject to obtaining the necessary planning approvals. The ground floor consists of two sizable reception rooms that can easily be adapted for various uses, whether for comfortable living or dining purposes. The kitchen provides ample space for reconfiguration or expansion, allowing owners to customize the layout to suit their needs. Completing this level is a three-piece bathroom suite. Upstairs, you'll find three generously sized double bedrooms, each benefiting from natural light and a flexible arrangement that can cater to different lifestyles. An extensive rear garden enhances the appeal of this property. This outdoor area not only serves as an excellent venue for relaxation and entertainment but also holds potential for further extension if desired. At the rear of the garden is a detached garage with access via a private road, providing off-road parking options and convenient access. Situated in Ellistown, this home is located in a well-regarded village close to Coalville and enjoys easy connectivity to major transport routes like the M1 and A511. The community offers local shops, essential amenities, and respected schools nearby. Surrounded by picturesque countryside while being within reach of larger towns such as Leicester, Loughborough, and Ashby-de-la-Zouch, this property combines rural charm with modern convenience—making it an ideal candidate for those looking to invest in a promising area with growth potential.

Investment Analysis

(LE67 area)

Below Market Value

This property is priced -45.8% below area average per sq ft

-45.8%
Potential saving
This Property
£140/sq ft
Area Average
£259/sq ft
Avg Rent (weekly)
£226
Avg Yield
4.1%

Renovation Potential

Medium Refurb
Est. Renovation Cost
£25,000 - £40,000
Target Value
£324,883
10% above area average per sq ft
Potential ROI
+62.4%
After renovation
Note: Renovation cost estimates are AI-generated based on property location and general characteristics, and may not reflect actual costs.
Monthly Sales
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

Midland Road, Ellistown, Coalville
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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
£586
Based on a loan of £120,000 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