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Alexandra Street, Thurmaston, LE4

East Midlands

£189,950

Listed on 20/07/2026

Property details

Bedrooms
2
Type
Semi Detached Bungalow
Area
538 sqft

Description

This two-bedroom semi-detached bungalow offers a unique opportunity for those looking to personalize a property in a desirable residential area. With no onward chain, the purchase process is simplified for buyers eager to move in quickly. The layout includes an entrance hall that leads into a spacious living room complete with a charming bay window and a separate kitchen, both of which present opportunities for modernization. Each bedroom is well-sized, allowing for versatile use as guest accommodations or office space. Potential buyers will appreciate the option to extend the property (subject to planning permissions), providing further customization options tailored to individual needs. The south-facing rear garden stands out with its ample space, ripe for transformation into an inviting outdoor area, perfect for recreational activities or gatherings. Additionally, off-road parking adds convenience for residents and guests alike. This property is ideally suited for first-time buyers, downsizers, or investors seeking a project with considerable potential for enhancement and value increase.

Investment analysis

(LE4 area)

Above Market Value

This property is priced +21.2% above area average per sq ft

+21.2%
This Property
£353/sq ft
Area Average
£291/sq ft
Avg Rent (weekly)
£247
Avg Yield
4.6%

Renovation Potential

Medium Refurb
Est. Renovation Cost
£15,000 - £30,000
Target Value
£172,421
10% above area average per sq ft
Potential ROI
-21.6%
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

Alexandra Street, Thurmaston, LE4
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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
£718
Based on a loan of £142,462 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

Next Steps

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