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South Street, Ellistown, Coalville, LE67

East Midlands

£59,000
Listed on 09/01/2026

Property Details

Bedrooms
3
Type
Terraced house

Description

This terraced house offers a flexible three-floor layout and potential for significant enhancement. With rear vehicle access and off-street parking options, it presents a unique opportunity for those looking to invest in a property with substantial renovation needs. Located on a peaceful no-through road, it is conveniently close to local amenities and less than a mile from Bardon Business Park, which includes key employers like Amazon. The property’s current condition allows for creativity in transforming it into either a comfortable family home or an advantageous buy-to-let investment. There is also potential for conversion into a House in Multiple Occupation (HMO), subject to necessary permissions. The spacious layout features two reception rooms, a kitchen, shower room, and three bedrooms, including a loft space, while the garden requires refurbishment of existing structures. This property is offered with freehold tenure and vacant possession upon completion.

Investment Analysis

(LE67 area)
Area Average
£257/sq ft
Avg Rent (weekly)
£222
Avg Yield
4.0%

Renovation Potential

Heavy Refurb
Est. Renovation Cost
£30,000 - £50,000
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
41%
Properties sold annually

Local Market Trend (LE67)

Area prices are stable by -0.6% over the last 12 months
3 year growth: -1.9%
5 year growth: +19.4%
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

South Street, Ellistown, Coalville, LE67
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Mortgage Calculator

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£
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years

Current average 2-year fixed rate is 4.06%

Current average variable rate is 6.81%

Monthly Repayments
£213
Based on a loan of £44,250 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.

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