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Elwell Avenue, Barwell

East Midlands

£230,000
Listed on 02/04/2026

Property Details

Bedrooms
2
Type
Semi Detached

Description

This semi-detached house offers a unique investment opportunity, complete with an additional building plot approximately 64 x 46 ft that has received planning permission for the construction of a new detached dwelling (planning application number: 25/00481/FUL). Conveniently located within walking distance to the village's amenities, including shops, schools, and public transport routes, this property presents an excellent prospect for builders and developers looking to capitalize on its potential. Inside, the home features gas central heating and UPVC double glazing, although it requires updating throughout. The layout includes an entrance hall, lounge with under-stairs storage, kitchen with essential appliances and access to the rear garden, along with two double bedrooms and a bathroom. With a driveway and a sunny rear garden backing onto the building plot, this property promises value for those prepared to invest in its refurbishment and development. Viewing is highly recommended as the property must be sold with the plot.

Investment Analysis

(LE9 area)
Area Average
£283/sq ft
Avg Rent (weekly)
£229
Avg Yield
4.0%

Renovation Potential

Medium Refurb
Est. Renovation Cost
£25,000 - £40,000
Note: Renovation cost estimates are AI-generated based on property location and general characteristics, and may not reflect actual costs.
Monthly Sales
66
Average per month
Market Turnover
14%
Properties sold annually

Local Market Trend (LE9)

Area prices are falling by -2.4% over the last 12 months
3 year growth: +0.6%
5 year growth: +12.8%
Investment Disclaimer: Analysis based on LE9 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

Elwell Avenue, Barwell
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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
£815
Based on a loan of £172,500 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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