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Browning Street, Off Narborough Road

East Midlands

£155,000
Listed on 15/04/2026

Property Details

Bedrooms
3
Type
Terraced
Area
816 sqft

Description

This mid-terraced three-bedroom property presents a promising opportunity for both buyers looking for a renovation project and investors seeking to enhance value. The layout includes an entrance hall leading to a front lounge, a generously sized kitchen equipped with essential fixtures, and a utility room featuring a shower cubicle along with access to the washroom. The first floor houses three good-sized bedrooms, ideal for family living or rental potential. Outside, there's an enclosed rear yard that requires minimal upkeep yet offers space for outdoor enhancements. Situated in Westcotes, this property is conveniently located near local amenities such as healthcare facilities, shops, schools, and has excellent public transportation links as well as easy access to major roadways like the M1 and M69. With some thoughtful renovations throughout—including updating kitchens and bathrooms—there's significant potential to increase both the aesthetic appeal and market value of this property.

Investment Analysis

(LE3 area)

Below Market Value

This property is priced -25.2% below area average per sq ft

-25.2%
Potential saving
This Property
£190/sq ft
Area Average
£254/sq ft
Avg Rent (weekly)
£251
Avg Yield
5.1%

Renovation Potential

Medium Refurb
Est. Renovation Cost
£25,000 - £40,000
Target Value
£227,946
10% above area average per sq ft
Potential ROI
+16.9%
After renovation
Note: Renovation cost estimates are AI-generated based on property location and general characteristics, and may not reflect actual costs.
Monthly Sales
79
Average per month
Market Turnover
15%
Properties sold annually

Local Market Trend (LE3)

Area prices are stable by -1.9% over the last 12 months
3 year growth: -0.7%
5 year growth: +18.2%
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

Browning Street, Off Narborough Road
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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
£549
Based on a loan of £116,250 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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