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Charnwood Drive, Thurnby, Leicester

East Midlands

£290,000
Listed on 29/01/2026

Property Details

Bedrooms
3
Type
Semi-detached house
Area
1113 sqft

Description

This three-bedroom semi-detached property is positioned on a sought-after street and comes with the advantage of no onward chain. While the home requires renovation, it presents an excellent opportunity for enhancement and potential extensions, pending the necessary permissions. The layout includes a welcoming porch and hallway that lead to a spacious lounge and dining area, alongside a basic lean-to conservatory. The kitchen is in need of modernization, currently equipped with just a sink and cupboard. Upstairs, there are three bedrooms along with a bathroom that could benefit from updating. Externally, the property offers off-street parking with a driveway and garage, as well as an external storage area for the boiler and a sizeable rear garden. This property is ideal for those looking to invest in a project that can significantly increase its value through thoughtful renovations.

Investment Analysis

(LE7 area)

Below Market Value

This property is priced -16.4% below area average per sq ft

-16.4%
Potential saving
This Property
£261/sq ft
Area Average
£312/sq ft
Avg Rent (weekly)
£246
Avg Yield
3.3%

Renovation Potential

Medium Refurb
Est. Renovation Cost
£25,000 - £40,000
Target Value
£381,614
10% above area average per sq ft
Potential ROI
+15.6%
After renovation
Note: Renovation cost estimates are AI-generated based on property location and general characteristics, and may not reflect actual costs.
Monthly Sales
63
Average per month
Market Turnover
45%
Properties sold annually

Local Market Trend (LE7)

Area prices are stable by -0.9% over the last 12 months
3 year growth: +3.9%
5 year growth: +14.1%
Investment Disclaimer: Analysis based on LE7 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

Charnwood Drive, Thurnby, Leicester
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Mortgage Calculator

£
£
£
%
%
years

Current average 2-year fixed rate is 4.06%

Current average variable rate is 6.81%

Monthly Repayments
£1,046
Based on a loan of £217,500 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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