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Barry Drive, Kirby Muxloe, LE9 - Image 1
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Barry Drive, Kirby Muxloe, LE9

East Midlands

£325,000
Listed on 10/04/2026

Property Details

Bedrooms
2
Type
Detached Bungalow
Area
774 sqft

Description

This two-bedroom bungalow in the desirable village of Kirby Muxloe presents an excellent opportunity for those looking to invest in a property with significant potential. The home boasts a spacious entrance hall leading into a bright living room, offering a welcoming environment that could be enhanced with modern styling. The kitchen is functional and well-sized, providing plenty of storage and workspace, ripe for refurbishment to create a contemporary cooking area tailored to your preferences. Both bedrooms are generously proportioned, and the existing shower room allows for easy upgrades. A notable feature is the rear garden, which is mainly laid to lawn and offers ample space for outdoor activities or gardening pursuits. This area could also be transformed through landscaping or even an extension (subject to necessary permissions), adding considerable value to the property. The driveway at the front leads to a single garage, ensuring secure parking and additional storage options. Kirby Muxloe benefits from local amenities and reputable schools while maintaining a peaceful community atmosphere. This bungalow provides an ideal blank canvas for renovation enthusiasts seeking to make their mark in this attractive location.

Investment Analysis

(LE9 area)

Above Market Value

This property is priced +48.5% above area average per sq ft

+48.5%
This Property
£420/sq ft
Area Average
£283/sq ft
Avg Rent (weekly)
£229
Avg Yield
4.0%

Renovation Potential

Medium Refurb
Est. Renovation Cost
£15,000 - £25,000
Target Value
£240,776
10% above area average per sq ft
Potential ROI
-31.2%
After renovation
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

Barry Drive, Kirby Muxloe, LE9
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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
£1,151
Based on a loan of £243,750 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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