Paske Avenue, Gaddesby, Leicester, Leicestershire, LE7
East Midlands
£270,000
Listed on 11/09/2026
Listed on 11/09/2026
The listing
Property details
Bedrooms
3Type
Semi DetachedArea
967 sqftDescription
This three-bedroom semi-detached house in Gaddesby occupies a corner plot with open field views. The accommodation includes an entrance hall, living room, kitchen-dining room, utility room, three bedrooms, a shower room and a separate toilet. The listing describes the property as requiring modernisation throughout, with scope to update and reconfigure the existing space. The plot may also offer options for landscaping, additional parking or an extension, subject to the necessary consents and feasibility checks. The village setting is described as being within reach of local amenities, schools and transport links.
WHOTS analysis
Our WHOTS verdict
An internal assessment of the opportunity to acquire, improve and create value.
55out of 100
Grade DWeak opportunity
Confidence: MEDIUM
The £270,000 asking price is 8.9% below the local average per square foot, giving buyers a comparatively cheap entry point. There’s a clear medium-scale project here: dated finishes and flooring across the visible rooms offer scope to refresh the interiors, while the generous corner plot, side parking and open field views give the property extra appeal. The kitchen and shower room are also candidates for updating, and the listing mentions possible extension or reconfiguration subject to consent.
The numbers call for care: purchase plus the £32,000–£58,000 renovation range puts the midpoint all-in cost at about £315,000, which looks tight against local benchmarks before fees. The visible exterior and roof appear generally intact, but the overall opportunity is still financially weak rather than a straightforward value-add.
Key opportunities
- Acquire below the local average £/sqf, with the asking price 8.9% under that benchmark.
- Refresh dated decoration and flooring across the visible rooms, with scope to reconsider the kitchen and shower-room finishes.
- Make more of the generous corner plot, side parking and open field views; extension or reconfiguration is subject to consent.
Key risks
- The purchase price plus midpoint renovation cost looks tight against local benchmarks, before fees.
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Finance
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Illustrative repayments based on the asking price, not a mortgage offer.
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Current average 2-year fixed rate is 4.45%
Current average variable rate is 6.60%
Monthly Repayments
£1,020
Based on a loan of £202,500 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.
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