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Garendon Road, LE12 - Image 1
Garendon Road, LE12 - Image 2
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Garendon Road, LE12

East Midlands

£174,950
Listed on 31/10/2025

Property Details

Bedrooms
3
Type
Semi-detached house

Description

This three-bedroom semi-detached home presents a noteworthy opportunity for first-time buyers and investors seeking a property with significant renovation potential. Located in a convenient area, the home is within easy reach of local shops, schools, and transport links, offering both lifestyle and accessibility benefits. Upon entering, the property features a welcoming entrance hall that leads to a spacious lounge. This bright living area boasts a large front-facing window and traditional picture rail detailing, allowing for both light and character. Adjacent to the lounge is the fitted kitchen, which includes essential appliances such as a gas hob and electric oven. A practical layout offers access to a rear porch and direct entry to the garden, ideal for enhancing the space further. The ground floor also accommodates a family bathroom equipped with a three-piece suite, including a bath and built-in storage. Moving upstairs, you'll find three well-sized bedrooms that can be customized according to your preferences. The master bedroom features built-in storage while the second offers views of the garden through its window. A standout aspect of this property is its generous rear garden. Enclosed and versatile, this outdoor space has potential for landscaping or extension projects (subject to necessary planning approvals), making it perfect for relaxation or entertaining. Set back from the road with an attractive front garden complete with mature hedges, the property maintains privacy while providing curb appeal. In terms of location, convenience is key; the home lies close to everyday amenities, with major roads like the A38 just minutes away. Local schools are accessible, making this an appealing choice for families as well as those looking to capitalize on investment opportunities in an area poised for growth. Overall, this home offers ample scope for improvement and personalization within an advantageous setting—an ideal foundation for those looking to invest in their future or create their dream living space.

Investment Analysis

(LE12 area)
Area Average
£296/sq ft
Avg Rent (weekly)
£234
Avg Yield
3.9%

Renovation Potential

Light Refurb
Est. Renovation Cost
£10,000 - £20,000
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

Garendon Road, LE12
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Mortgage Calculator

£
£
£
%
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years

Current average 2-year fixed rate is 4.19%

Current average variable rate is 6.78%

Monthly Repayments
£641
Based on a loan of £131,212 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