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Ivydale Road, Thurmaston, Leicester

East Midlands

£280,000

Listed on 07/07/2026

Property details

Bedrooms
3
Type
Detached
Area
851 sqft

Description

This three-bedroom detached property, situated in the desirable village of Thurmaston, Leicester, presents a compelling opportunity for renovation and expansion. With a spacious driveway and a garage, this home is well-equipped for families looking to invest in additional space. The generous garden, primarily paved, not only offers outdoor living potential but also has room for rear extensions pending planning approval — ideal for those who wish to create their perfect family retreat. Internally, the layout includes an entrance hall leading to a comfortable lounge and a kitchen/dining area with access to the rear garden through sliding doors, providing both light and connectivity. The first floor features three bedrooms, two of which come with built-in storage, alongside a family bathroom. This property invites creative renovations that can enhance its value and suitability for modern living.

Investment analysis

(LE4 area)

Above Market Value

This property is priced +12.9% above area average per sq ft

+12.9%
This Property
£329/sq ft
Area Average
£291/sq ft
Avg Rent (weekly)
£247
Avg Yield
4.6%

Renovation Potential

Medium Refurb
Est. Renovation Cost
£25,000 - £40,000
Target Value
£272,733
10% above area average per sq ft
Potential ROI
-14.8%
After renovation
Note: Renovation cost estimates are AI-generated based on property location and general characteristics, and may not reflect actual costs.
Monthly Sales
55
Average per month
Market Turnover
14%
Properties sold annually

Local Market Trend (LE4)

Area prices are stable by +1.1% over the last 12 months
3 year growth: +2.2%
5 year growth: +20.0%
Investment Disclaimer: Analysis based on LE4 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

Ivydale Road, Thurmaston, Leicester
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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
£1,058
Based on a loan of £210,000 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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