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Elim House, 10A Chapel Street, Barwell, Leicester, LE9 8DD - Image 1
Elim House, 10A Chapel Street, Barwell, Leicester, LE9 8DD - Image 2
Elim House, 10A Chapel Street, Barwell, Leicester, LE9 8DD - Image 3
Elim House, 10A Chapel Street, Barwell, Leicester, LE9 8DD - Image 4
Elim House, 10A Chapel Street, Barwell, Leicester, LE9 8DD - Image 5
Elim House, 10A Chapel Street, Barwell, Leicester, LE9 8DD - Image 6
Elim House, 10A Chapel Street, Barwell, Leicester, LE9 8DD - Image 7
Elim House, 10A Chapel Street, Barwell, Leicester, LE9 8DD - Image 8
Elim House, 10A Chapel Street, Barwell, Leicester, LE9 8DD - Image 9
Elim House, 10A Chapel Street, Barwell, Leicester, LE9 8DD - Image 10
Elim House, 10A Chapel Street, Barwell, Leicester, LE9 8DD - Image 11

Elim House, 10A Chapel Street, Barwell, Leicester, LE9 8DD

East Midlands

£75,000
Listed on 17/11/2025

Property Details

Bedrooms
2
Type
Terraced house

Description

This vacant terraced property presents a valuable opportunity for renovation and investment, boasting a long leasehold with approximately 981 years remaining. Nestled behind a foregarden, the property features a practical layout that includes two bedrooms, making it suitable for various living arrangements or rental potential. On the ground floor, a hallway leads to a reception room and kitchen, along with a WC and shower room, offering functional spaces that can be modernized to enhance overall appeal. The first floor hosts two bedrooms and a bathroom, providing ample room for customization. The exterior includes a yard that could serve as an additional outdoor space for relaxation or entertaining. While the property is equipped with gas-fired central heating and double glazing, it requires refurbishment to reach its full potential. This aspect makes it an attractive prospect for investors looking to add value through updates or renovations tailored to current market trends. Located in an area with convenient access to local amenities and transportation links, this property benefits from its position in a neighborhood poised for growth. The long leasehold adds security for future buyers or renters alike. With some effort and vision, this home can transform into a desirable residence or an investment vehicle in today’s competitive market. Viewings are available by appointment, allowing prospective buyers to assess the property's condition and envision their renovation plans firsthand. This is an opportunity not only to acquire real estate but also to engage in a project that can yield significant returns through thoughtful improvements.

Investment Analysis

(LE9 area)
Area Average
£280/sq ft
Avg Rent (weekly)
£221
Avg Yield
4.0%

Renovation Potential

Medium Refurb
Est. Renovation Cost
£15,000 - £30,000
Note: Renovation cost estimates are AI-generated based on property location and general characteristics, and may not reflect actual costs.
Monthly Sales
54
Average per month
Market Turnover
29%
Properties sold annually

Local Market Trend (LE9)

Area prices are stable by +1.9% over the last 12 months
3 year growth: -0.4%
5 year growth: 14.9%
Investment Disclaimer: Analysis based on LE9 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

Elim House, 10A Chapel Street, Barwell, Leicester, LE9 8DD
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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
£275
Based on a loan of £56,250 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.

Next Steps

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