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101 Bassett Street, Leicester, LE3 5ED - Image 1
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101 Bassett Street, Leicester, LE3 5ED

East Midlands

£125,000
Listed on 27/03/2026

Property Details

Bedrooms
3
Type
Terraced
Area
935 sqft

Description

This mid-terrace property, featuring two bedrooms, offers a solid foundation for potential investors or homeowners looking to customize their space. Situated off Bonchurch Street near The Maze park, the home benefits from gas central heating and double glazing, ensuring a comfortable living environment. The layout includes two reception rooms and a kitchen on the ground floor, alongside two bedrooms and a bathroom upstairs. While modernization is needed to bring this property up to contemporary standards, it presents an excellent opportunity for enhancement and value addition. The rear garden provides outdoor space with access via a shared footpath, ideal for those interested in creating a functional outdoor area. This freehold property will be sold at public auction, highlighting its investment potential in the East Midlands market.

Investment Analysis

(LE3 area)

Below Market Value

This property is priced -47.0% below area average per sq ft

-47.0%
Potential saving
This Property
£134/sq ft
Area Average
£252/sq ft
Avg Rent (weekly)
£259
Avg Yield
5.3%

Renovation Potential

Medium Refurb
Est. Renovation Cost
£12,000 - £25,000
Target Value
£259,645
10% above area average per sq ft
Potential ROI
+73.1%
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
35%
Properties sold annually

Local Market Trend (LE3)

Area prices are stable by -0.5% over the last 12 months
3 year growth: +0.3%
5 year growth: +21.8%
Investment Disclaimer: Analysis based on LE3 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

101 Bassett Street, Leicester, LE3 5ED
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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
£451
Based on a loan of £93,750 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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