Leicester Road, Markfield, Leicestershire
East Midlands
£175,000
Listed on 08/08/2026
Listed on 08/08/2026
The listing
Property details
Bedrooms
3Type
Semi DetachedArea
797 sqftFeatures
- Garden
- Parking
Description
This 1930s bay-fronted semi-detached house in Markfield is offered with no onward chain and requires renovation and modernisation. The existing layout includes an entrance hall, a front living room and a kitchen diner, with three bedrooms and a bathroom on the first floor. The kitchen diner has rear-facing windows and patio doors to the garden.
Outside, a driveway provides off-road parking, and a side gateway leads to a long rear garden with established trees and shrubs. The plot may offer scope for extension or redevelopment, subject to the necessary planning consents and confirmation of feasibility. The property is being marketed as a substantial renovation project.
WHOTS analysis
Our WHOTS verdict
An internal assessment of the opportunity to acquire, improve and create value.
52out of 100
Grade DWeak opportunity
Confidence: MEDIUM
At £175,000, this three-bedroom 1930s bay-fronted semi is priced below the local average per square foot, giving project buyers a cheaper entry point. The worn and partly unfinished interiors, dated kitchen and bathroom, and overgrown rear garden offer plenty to reshape, while the driveway and deep garden add useful scope. The roof appears broadly intact in the available views, though ceiling staining and damaged finishes need investigation.
This is a substantial renovation rather than a cosmetic refresh, with works estimated at £48,000–£85,000. At the midpoint, purchase plus refurbishment looks tight against local benchmarks, so the below-average purchase price does not by itself make the overall economics compelling.
Key opportunities
- Rework the worn interior finishes and dated kitchen and bathroom to create a coherent, modern home.
- Clear and shape the deep rear garden, retaining or reworking its mature planting to make better use of the plot.
- The bay-fronted 1930s character, three-bedroom layout and stated extension or redevelopment potential offer a canvas for a more tailored home, subject to planning.
Key risks
- Widespread worn floors, damaged finishes, dated fittings and a heavily overgrown garden make this a full-house programme; the £48,000–£85,000 works range needs careful budgeting and scheduling.
- All-in costs at the renovation midpoint look tight against local benchmarks, limiting the apparent margin.
Unlock the full analysis
Sign up to see the refurb profile, below-market value, yields, and local market trends for this and every other property that has them.
Sign up freeAlready have an account? Sign in
Interested in similar properties?
Create an alert and we'll notify you when similar renovation opportunities are listed.
Finance
Mortgage calculator
Illustrative repayments based on the asking price, not a mortgage offer.
£
£
£
%
%
years
Current average 2-year fixed rate is 4.45%
Current average variable rate is 6.60%
Monthly Repayments
£661
Based on a loan of £131,250 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.
Tax
Stamp duty calculator
Indicative tax based on the asking price and the options you select.
Services
Next steps
Explore services to help you with this property purchase.
Get help with this property
Financing, surveys and more – choose a service and we’ll connect you with our trusted partners.
Nearby
Similar properties
Other listings you may want to compare.
