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Talbot Street, Whitwick, LE67

East Midlands

£165,000
Listed on 03/05/2026

Property Details

Bedrooms
3
Type
Detached Bungalow
Area
958 sqft

Description

This three-bedroom detached bungalow represents a significant opportunity for renovation and investment, nestled on a generous plot that invites creativity. The property features an entrance hall leading to a spacious lounge, a practical kitchen, three well-sized bedrooms, and a bathroom, all of which could benefit from modern updates. Outside, the asset is further enhanced by a front garden, a driveway for off-road parking, a detached single garage, and an expansive rear garden that offers potential for landscaping or extension (subject to permission). Positioned in a private setting within the East Midlands, this bungalow appeals to DIY enthusiasts and investors aiming to uplift the standard of living while maximizing property value. It is offered through an online auction process with initial bidding commencing at £165,000. Early viewings are advisable to fully appreciate its potential.

Investment Analysis

(LE67 area)

Below Market Value

This property is priced -33.0% below area average per sq ft

-33.0%
Potential saving
This Property
£172/sq ft
Area Average
£257/sq ft
Avg Rent (weekly)
£215
Avg Yield
3.9%

Renovation Potential

Medium Refurb
Est. Renovation Cost
£25,000 - £40,000
Target Value
£271,090
10% above area average per sq ft
Potential ROI
+32.2%
After renovation
Note: Renovation cost estimates are AI-generated based on property location and general characteristics, and may not reflect actual costs.
Monthly Sales
74
Average per month
Market Turnover
16%
Properties sold annually

Local Market Trend (LE67)

Area prices are falling by -5.4% over the last 12 months
3 year growth: -5.9%
5 year growth: +12.4%
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

Talbot Street, Whitwick, LE67
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Mortgage Calculator

£
£
£
%
%
years

Current average 2-year fixed rate is 3.97%

Current average variable rate is 6.59%

Monthly Repayments
£589
Based on a loan of £123,750 over 30 years at 3.97% 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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