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Chadwell Close, Asfordby

East Midlands

£230,000
Listed on 22/04/2026

Property Details

Bedrooms
3
Type
Semi Detached
Area
850 sqft

Description

This three-bedroom semi-detached house is situated on a substantial corner plot in the village of Asfordby, presenting an excellent opportunity for renovation and investment. The property requires comprehensive refurbishment and currently features an entrance porch, hallway, living room, dining area, kitchen, and a sunroom. Upstairs, you will find three well-proportioned bedrooms along with a family bathroom equipped with a three-piece suite. The layout includes ample windows that invite natural light into the living spaces; however, updates are necessary throughout, especially in the kitchen and bathrooms. The sunroom offers additional potential as a versatile space to enhance the property's value. Outside, there is off-road parking available through a driveway leading to a detached garage. The gardens surrounding the house include both front and side aspects as well as an enclosed rear garden designed for low maintenance. This property is ideal for those looking to create their dream home or to capitalize on its investment potential in a desirable location.

Investment Analysis

(LE14 area)

Below Market Value

This property is priced -6.4% below area average per sq ft

-6.4%
Potential saving
This Property
£271/sq ft
Area Average
£289/sq ft
Avg Rent (weekly)
£271
Avg Yield
2.9%

Renovation Potential

Heavy Refurb
Est. Renovation Cost
£25,000 - £40,000
Target Value
£270,355
10% above area average per sq ft
Potential ROI
+0.1%
After renovation
Note: Renovation cost estimates are AI-generated based on property location and general characteristics, and may not reflect actual costs.
Monthly Sales
17
Average per month
Market Turnover
8%
Properties sold annually

Local Market Trend (LE14)

Area prices are rising by +9.9% over the last 12 months
3 year growth: +3.0%
5 year growth: +5.5%
Investment Disclaimer: Analysis based on LE14 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

Chadwell Close, Asfordby
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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.

Stamp Duty Calculator

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