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High Street, Ibstock, Leicestershire, LE67

East Midlands

£170,000
Listed on 11/03/2026

Property Details

Bedrooms
3
Type
Terraced house
Area
1184 sqft

Description

This centrally located terraced house in Ibstock offers a unique investment opportunity with its current layout as two self-contained flats. The property features three bedrooms, three reception rooms—including a fitted hair salon—and two bathrooms, all of which require modernisation. This setup presents flexibility for investors looking to maximise rental potential or for those interested in reconfiguring the space to suit different uses, subject to necessary approvals. With local amenities and transport links within walking distance, the property promises convenience alongside its renovation prospects. The ground floor and first floor flats offer a variety of living arrangements that could appeal to a diverse tenant base, enhancing its value post-renovation.

Investment Analysis

(LE67 area)

Below Market Value

This property is priced -44.0% below area average per sq ft

-44.0%
Potential saving
This Property
£144/sq ft
Area Average
£257/sq ft
Avg Rent (weekly)
£206
Avg Yield
3.7%

Renovation Potential

Medium Refurb
Est. Renovation Cost
£25,000 - £40,000
Target Value
£334,066
10% above area average per sq ft
Potential ROI
+59.1%
After renovation
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
51%
Properties sold annually

Local Market Trend (LE67)

Area prices are falling by -2.4% over the last 12 months
3 year growth: -3.2%
5 year growth: +17.9%
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

High Street, Ibstock, Leicestershire, LE67
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Mortgage Calculator

£
£
£
%
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years

Current average 2-year fixed rate is 4.06%

Current average variable rate is 6.81%

Monthly Repayments
£613
Based on a loan of £127,500 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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