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Coatbridge Avenue, Rushey Mead

East Midlands

£240,000
Listed on 25/02/2026

Property Details

Bedrooms
3
Type
Semi-detached house
Area
1018 sqft

Description

Located in the desirable Rushey Mead area, this three-bedroom end-terrace home presents an appealing opportunity for those looking to invest in a renovation project. Set on a prominent corner lot, the property features a wrap-around garden that offers considerable outdoor space and potential for landscaping or even extensions, pending planning permissions. The residence includes an entrance hall that leads to a sizeable lounge, a kitchen diner perfect for reconfiguration, and a convenient downstairs WC. Additionally, the adjacent conservatory/sunroom extends the living area with views of the garden. Upstairs, you'll find three well-proportioned bedrooms alongside a family bathroom. The property's location is advantageous for families and professionals alike, with easy access to local amenities, schools, parks, and robust transport links into Leicester city centre. This property not only offers generous living space but also stands as a blank canvas awaiting modernisation—making it an ideal investment for homeowners looking to increase value through refurbishment.

Investment Analysis

(LE4 area)

Below Market Value

This property is priced -18.6% below area average per sq ft

-18.6%
Potential saving
This Property
£236/sq ft
Area Average
£290/sq ft
Avg Rent (weekly)
£248
Avg Yield
4.5%

Renovation Potential

Medium Refurb
Est. Renovation Cost
£20,000 - £35,000
Target Value
£324,350
10% above area average per sq ft
Potential ROI
+17.9%
After renovation
Note: Renovation cost estimates are AI-generated based on property location and general characteristics, and may not reflect actual costs.
Monthly Sales
59
Average per month
Market Turnover
46%
Properties sold annually

Local Market Trend (LE4)

Area prices are stable by +2.0% over the last 12 months
3 year growth: +5.2%
5 year growth: +26.7%
Investment Disclaimer: Analysis based on LE4 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

Coatbridge Avenue, Rushey Mead
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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
£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.

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