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Waterloo Crescent, Countesthorpe, Leicester, Leicestershire, LE8

East Midlands

£230,000
Listed on 01/12/2025

Property Details

Bedrooms
2
Type
Semi-detached house
Area
814 sqft

Description

This inviting two-bedroom end-of-terrace house in Countesthorpe is situated in a tranquil residential area, making it ideal for families, individuals looking to downsize, or first-time buyers eager to invest in their future home. The property features a tidy front driveway that's easy to maintain and enhances curb appeal. Upon entering through the welcoming front door, you are greeted by a separate hallway that leads into a spacious living room showcasing original character features such as wooden flooring, traditional doors, and a charming feature fireplace that sets a warm atmosphere throughout the home. Located at the rear of the property is a sizeable kitchen-diner overlooking the garden. While it currently requires modernisation, this area presents an excellent opportunity for renovation. The kitchen contains ample storage and space for dining furniture. Given its corner plot position and additional storage cupboards, there is significant potential to either remodel this space or extend it (subject to local planning regulations), allowing you to create an expansive kitchen-dining area and enhance the property's value. The upper level continues the home's character with two well-sized double bedrooms and a family bathroom. The master bedroom located at the front offers generous space for furnishings, while the second bedroom, currently used as an office, can easily adapt to various uses depending on buyer needs. The bathroom is spacious and retains its charming three-piece suite. At the back lies a modest yet private garden featuring gravel and lawn areas flanked by attractive flower beds. This outdoor space holds potential for enhancement as well; particularly if you choose to convert the kitchen-diner into an open-concept space leading directly into the garden. This property embodies both charm and investment potential, making it an excellent choice for couples, small families, or first-time buyers looking to make their mark on their new home.

Investment Analysis

(LE8 area)

Below Market Value

This property is priced -6.3% below area average per sq ft

-6.3%
Potential saving
This Property
£283/sq ft
Area Average
£302/sq ft
Avg Rent (weekly)
£254
Avg Yield
3.9%

Renovation Potential

Medium Refurb
Est. Renovation Cost
£15,000 - £30,000
Target Value
£270,008
10% above area average per sq ft
Potential ROI
+3.8%
After renovation
Note: Renovation cost estimates are AI-generated based on property location and general characteristics, and may not reflect actual costs.
Monthly Sales
43
Average per month
Market Turnover
15%
Properties sold annually

Local Market Trend (LE8)

Area prices are rising by +3.8% over the last 12 months
3 year growth: -0.1%
5 year growth: 15.3%
Investment Disclaimer: Analysis based on LE8 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

Waterloo Crescent, Countesthorpe, Leicester, Leicestershire, LE8
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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
£843
Based on a loan of £172,500 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