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Hermitage Road, Whitwick, COALVILLE

East Midlands

£110,000
Listed on 22/04/2026

Property Details

Bedrooms
3
Type
Terraced
Area
1124 sqft

Description

This three-bedroom mid-terrace property presents an exciting opportunity for investors and renovators in the desirable area of Whitwick. While it is currently in need of a comprehensive refurbishment, there is significant potential to enhance its value through thoughtful renovations. The ground floor includes a dining room, living room, and kitchen, while the first floor hosts three bedrooms and a bathroom. With local amenities, shops, and schools just a stone's throw away, this location is well-suited for rental income; once updated, it could potentially yield around £900-950 per month. Included with the property are a small front yard and a private rear garden, offering outdoor space that can be improved further. This offering comes with vacant possession, allowing for immediate renovations to start transforming this property into a profitable asset.

Investment Analysis

(LE67 area)

Below Market Value

This property is priced -62.1% below area average per sq ft

-62.1%
Potential saving
This Property
£98/sq ft
Area Average
£258/sq ft
Avg Rent (weekly)
£206
Avg Yield
3.7%

Renovation Potential

Medium Refurb
Est. Renovation Cost
£25,000 - £40,000
Target Value
£319,053
10% above area average per sq ft
Potential ROI
+112.7%
After renovation
Note: Renovation cost estimates are AI-generated based on property location and general characteristics, and may not reflect actual costs.
Monthly Sales
69
Average per month
Market Turnover
16%
Properties sold annually

Local Market Trend (LE67)

Area prices are falling by -2.9% over the last 12 months
3 year growth: -3.6%
5 year growth: +14.8%
Investment Disclaimer: Analysis based on LE67 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

Hermitage Road, Whitwick, COALVILLE
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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
£390
Based on a loan of £82,500 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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