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23 Thirlmere Street, Leicester LE2 7GQ - Image 1
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23 Thirlmere Street, Leicester LE2 7GQ

East Midlands

£110,000
Listed on 27/03/2026

Property Details

Bedrooms
2
Type
Terraced

Description

This two-bedroom terraced home presents a compelling opportunity for renovation in a sought-after letting area. Its proximity to De Montfort University and Leicester Royal Infirmary Hospital enhances its appeal for rental purposes, with an estimated rental yield of around £1,000 per month. The property does require general updating, though it is equipped with gas central heating, which is a valuable asset. The rooms are generous in size, including a spacious lounge/dining area and a kitchen with access to the rear garden. The upstairs boasts two well-sized bedrooms and a bathroom that needs modernisation. With permit parking available and views of a green space at the front, this property offers potential both as a buy-to-let investment or as a project for someone looking to create their own home.

Investment Analysis

(LE2 area)
Area Average
£281/sq ft
Avg Rent (weekly)
£238
Avg Yield
4.1%

Renovation Potential

Medium Refurb
Est. Renovation Cost
£15,000 - £25,000
Note: Renovation cost estimates are AI-generated based on property location and general characteristics, and may not reflect actual costs.
Monthly Sales
75
Average per month
Market Turnover
11%
Properties sold annually

Local Market Trend (LE2)

Area prices are stable by -2.0% over the last 12 months
3 year growth: -0.4%
5 year growth: +10.7%
Investment Disclaimer: Analysis based on LE2 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

23 Thirlmere Street, Leicester LE2 7GQ
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Mortgage Calculator

£
£
£
%
%
years

Current average 2-year fixed rate is 3.91%

Current average variable rate is 6.62%

Monthly Repayments
£390
Based on a loan of £82,500 over 30 years at 3.91% 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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