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Midland Road, Ellistown, Coalville, Leicestershire, LE67 - Image 1
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Midland Road, Ellistown, Coalville, Leicestershire, LE67 - Image 3
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Midland Road, Ellistown, Coalville, Leicestershire, LE67

East Midlands

£20,000

Listed on 05/06/2026

Property Details

Bedrooms
3
Type
End Of Terrace

Description

This three-bedroom terraced house in Ellistown presents a compelling opportunity for investors looking for a substantial renovation project. The property is in need of extensive refurbishment and currently poses access challenges, with certain areas deemed unsafe to enter, indicating significant repair and renovation requirements. As it stands, the property is cash buyers only due to its condition and potential lack of mortgage viability. Inside, the layout includes two reception rooms, a kitchen, a bathroom, and three bedrooms—two doubles and one single—which may provide options for reconfiguration to suit modern living standards, pending any necessary permissions. Located conveniently near Coalville and within reach of North West Leicestershire’s amenities like shops and schools, this property benefits from good transport links to major routes such as the M1/M42 and nearby towns. This makes it attractive for both future occupiers and rental markets alike. Given the comprehensive renovation needed across structural, electrical, plumbing, and finish levels, this home offers an excellent canvas for those seeking a project that can be tailored entirely to personal specifications.

Investment Analysis

(LE67 area)
Area Average
£260/sq ft
Avg Rent (weekly)
£205
Avg Yield
3.7%

Renovation Potential

Heavy Refurb
Est. Renovation Cost
£40,000 - £60,000
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
14%
Properties sold annually

Local Market Trend (LE67)

Area prices are falling by -5.0% over the last 12 months
3 year growth: -6.1%
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

Midland Road, Ellistown, Coalville, Leicestershire, LE67
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Mortgage Calculator

£
£
£
%
%
years

Current average 2-year fixed rate is 4.45%

Current average variable rate is 6.60%

Monthly Repayments
£76
Based on a loan of £15,000 over 30 years at 4.45% 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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