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Candle Lane, Earl Shilton, Leicester, LE9 - Image 1
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Candle Lane, Earl Shilton, Leicester, LE9

East Midlands

£160,000
Listed on 14/04/2026

Property Details

Bedrooms
3
Type
Town House
Area
1021 sqft

Description

This mid-terrace house presents a solid opportunity for those looking to invest or embark on a rewarding renovation project. Boasting a spacious layout, the property features an entrance porch, a welcoming hallway, and a convenient downstairs WC. The lounge provides ample space for relaxation while the kitchen/diner is equipped with essential units, and there’s also a utility area for added practicality. Upstairs, you'll find three well-sized bedrooms alongside a functional bathroom. With off-road parking at the front and a garden to the rear, this home is perfect for creating your ideal living space. Given its current need for modernization, it offers significant potential to enhance value and tailor it to personal tastes. Located in the East Midlands, this property comes without any chain complications, making it suitable for both first-time buyers and seasoned investors alike.

Investment Analysis

(LE9 area)

Below Market Value

This property is priced -44.6% below area average per sq ft

-44.6%
Potential saving
This Property
£157/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
£317,613
10% above area average per sq ft
Potential ROI
+71.7%
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

Candle Lane, Earl Shilton, Leicester, 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
£567
Based on a loan of £120,000 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.

Stamp Duty Calculator

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