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Stephenson Way, Groby, LE6

East Midlands

£230,000
Listed on 14/03/2026

Property Details

Bedrooms
2
Type
Semi-detached house

Description

This two-bedroom end of terrace home, located in the sought-after village of Groby, presents an excellent opportunity for renovation and investment. Boasting a single garage at the rear, this property is within easy reach of local amenities and offers spacious living potential. The layout features an entrance porch leading into a lounge diner with ample space for entertaining, a kitchen equipped with essential units, and a conservatory that enhances ground-floor living space while providing access to the split-level garden. The first floor comprises two well-sized bedrooms, both fitted with built-in wardrobes, alongside a bathroom that includes essential fixtures. This property has been in the same family since 1979 and is being sold chain-free, making it an appealing prospect for buyers looking to put their stamp on a home. With its corner plot offering both front and rear gardens, along with proximity to Groby's nature reserves and transport links, this residence holds significant potential for modernization.

Investment Analysis

(LE6 area)
Area Average
£307/sq ft

Renovation Potential

Medium Refurb
Est. Renovation Cost
£20,000 - £35,000
Note: Renovation cost estimates are AI-generated based on property location and general characteristics, and may not reflect actual costs.
Monthly Sales
12
Average per month
Market Turnover
53%
Properties sold annually

Local Market Trend (LE6)

Area prices are stable by +1.6% over the last 12 months
3 year growth: +0.5%
5 year growth: +24.2%
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

Stephenson Way, Groby, LE6
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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
£830
Based on a loan of £172,500 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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