Worst House on the Street Logo
Markfield Road, Ratby, Leicester, Leicestershire - Image 1
Markfield Road, Ratby, Leicester, Leicestershire - Image 2
Markfield Road, Ratby, Leicester, Leicestershire - Image 3
Markfield Road, Ratby, Leicester, Leicestershire - Image 4
Markfield Road, Ratby, Leicester, Leicestershire - Image 5
Markfield Road, Ratby, Leicester, Leicestershire - Image 6
Markfield Road, Ratby, Leicester, Leicestershire - Image 7
Markfield Road, Ratby, Leicester, Leicestershire - Image 8
Markfield Road, Ratby, Leicester, Leicestershire - Image 9
Markfield Road, Ratby, Leicester, Leicestershire - Image 10
Markfield Road, Ratby, Leicester, Leicestershire - Image 11

Markfield Road, Ratby, Leicester, Leicestershire

East Midlands

£240,000
Listed on 06/01/2026

Property Details

Bedrooms
3
Type
Semi-detached house
Area
1369 sqft

Description

This three-bedroom semi-detached property presents a solid opportunity for those seeking a renovation project to truly personalize. Located on the sought-after Markfield Road in the East Midlands, this extended family home features three reception areas, offering flexibility for various layouts and uses. The generous rear garden provides ample outdoor space suitable for family activities or gardening enthusiasts. A standout feature is the large 26ft detached garage, which could be transformed into additional living space or a workshop, pending necessary planning approvals. Inside, the entrance hallway provides access to a practical storage cupboard beneath the stairs. To one side lies the inviting lounge, ideal for relaxing, while double sliding doors lead to a dining area perfect for entertaining. The adjoining conservatory accesses an extended kitchen equipped with wall and base units plus room for essential appliances, alongside convenient access to a rear porch and downstairs W/C. The first floor maintains a traditional layout consisting of two spacious doubles and a single bedroom; the family bathroom is in clean condition but can be modernized as desired. With off-road parking available for two vehicles at the front, this property is well-positioned for anyone looking to invest in an adaptable home with plenty of scope for improvement.

Investment Analysis

(LE6 area)

Below Market Value

This property is priced -42.6% below area average per sq ft

-42.6%
Potential saving
This Property
£175/sq ft
Area Average
£305/sq ft

Renovation Potential

Medium Refurb
Est. Renovation Cost
£15,000 - £25,000
Target Value
£459,827
10% above area average per sq ft
Potential ROI
+73.5%
After renovation
Note: Renovation cost estimates are AI-generated based on property location and general characteristics, and may not reflect actual costs.
Monthly Sales
11
Average per month
Market Turnover
48%
Properties sold annually

Local Market Trend (LE6)

Area prices are rising by +3.2% over the last 12 months
3 year growth: +3.3%
5 year growth: +25.9%
Investment Disclaimer: Analysis based on LE6 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

Markfield Road, Ratby, Leicester, Leicestershire
Loading map...

Mortgage Calculator

£
£
£
%
%
years

Current average 2-year fixed rate is 4.06%

Current average variable rate is 6.81%

Monthly Repayments
£866
Based on a loan of £180,000 over 30 years at 4.06% 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

Explore services to help you with this property purchase.

Get help with this property

Financing, surveys and more – choose a service and we’ll connect you with our trusted partners.