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Ashby Road, Ibstock, Leicestershire

East Midlands

£240,000
Listed on 11/12/2025

Property Details

Bedrooms
2
Type
Detached house

Description

This detached bungalow presents a prime opportunity for those looking to invest in a property with significant renovation potential. Situated in the desirable village of Ibstock, the home features two spacious double bedrooms and benefits from a generous rear garden and off-road parking via a driveway. While the interior requires modernisation, it possesses a functional layout that includes an entrance hall, lounge with dual aspect windows, kitchen/diner equipped with basic utilities, and a welcoming sun lounge which provides access to the outdoor space. The newly designed shower room adds convenience, while additional storage options are available in the utility/store area. The back garden is well-maintained with areas for relaxation and outdoor activities, presenting further landscaping possibilities. Overall, this property offers great scope for improvement and personalisation to create a comfortable living space in a sought-after location.

Investment Analysis

(LE67 area)
Area Average
£259/sq ft
Avg Rent (weekly)
£226
Avg Yield
4.1%

Renovation Potential

Medium Refurb
Est. Renovation Cost
£25,000 - £40,000
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

Ashby Road, Ibstock, Leicestershire
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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
£879
Based on a loan of £180,000 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