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Champion Close, Rowlatts Hill

East Midlands

£240,000

Listed on 19/05/2026

Property Details

Bedrooms
3
Type
Town House
Area
904 sqft

Description

This spacious three-bedroom mid-town house presents a unique opportunity for renovation enthusiasts and investors alike. Nestled in the desirable Rowlatts Hill Estate, adjacent to Evington, this property is available with no onward chain. While it offers considerable living space complemented by off-road parking, a detached garage, and a private rear garden, it does require some cosmetic improvements. This allows prospective buyers to tailor the home to their personal tastes within an established residential area. From the welcoming entrance hall leading into a spacious lounge diner that allows natural light to flow through dual aspect windows, to the kitchen that provides essential amenities and direct garden access, this property is ripe for modernisation. The upper floor features three well-sized bedrooms and a versatile wet room style shower area. With its generous layout and potential for enhancements, this residence is an excellent candidate for those looking to invest in a project with significant upside potential.

Investment Analysis

(LE5 area)

Below Market Value

This property is priced -6.7% below area average per sq ft

-6.7%
Potential saving
This Property
£265/sq ft
Area Average
£285/sq ft
Avg Rent (weekly)
£237
Avg Yield
4.0%

Renovation Potential

Medium Refurb
Est. Renovation Cost
£15,000 - £25,000
Target Value
£283,056
10% above area average per sq ft
Potential ROI
+6.8%
After renovation
Note: Renovation cost estimates are AI-generated based on property location and general characteristics, and may not reflect actual costs.
Monthly Sales
35
Average per month
Market Turnover
13%
Properties sold annually

Local Market Trend (LE5)

Area prices are falling by -2.1% over the last 12 months
3 year growth: +3.4%
5 year growth: +14.5%
Investment Disclaimer: Analysis based on LE5 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

Champion Close, Rowlatts Hill
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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
£856
Based on a loan of £180,000 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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