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Hazelbank Road, Countesthorpe, LE8

East Midlands

£180,000
Listed on 21/04/2026

Property Details

Bedrooms
3
Type
Semi Detached
Area
775 sqft

Description

This three-bedroom semi-detached house, located in the desirable area of Countesthorpe, offers an excellent investment opportunity for those looking to undertake a renovation project. The property features a flexible layout with three generous bedrooms that can easily adapt to family needs or even be converted into home office spaces. The existing bathroom is in need of modernization, providing an ideal canvas for buyers to incorporate personal style and increase the home's value. With a spacious garden featuring low-maintenance artificial lawn, and essential parking options including a garage and driveway, this property is well-equipped for practical living. Located close to local amenities such as shops, cafes, and reputable schools, along with efficient transport links for commuting, this home is perfect for buyers eager to create their ideal living space while benefiting from significant upside potential through refurbishment.

Investment Analysis

(LE8 area)

Below Market Value

This property is priced -23.7% below area average per sq ft

-23.7%
Potential saving
This Property
£232/sq ft
Area Average
£304/sq ft
Avg Rent (weekly)
£263
Avg Yield
4.0%

Renovation Potential

Medium Refurb
Est. Renovation Cost
£20,000 - £35,000
Target Value
£259,544
10% above area average per sq ft
Potential ROI
+20.7%
After renovation
Note: Renovation cost estimates are AI-generated based on property location and general characteristics, and may not reflect actual costs.
Monthly Sales
38
Average per month
Market Turnover
11%
Properties sold annually

Local Market Trend (LE8)

Area prices are stable by +1.7% over the last 12 months
3 year growth: +0.9%
5 year growth: +7.3%
Investment Disclaimer: Analysis based on LE8 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

Hazelbank Road, Countesthorpe, LE8
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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
£638
Based on a loan of £135,000 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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