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Houlditch Road, Knighton, LE2 3FF - Image 1
Houlditch Road, Knighton, LE2 3FF - Image 2
Houlditch Road, Knighton, LE2 3FF - Image 3

Houlditch Road, Knighton, LE2 3FF

East Midlands

£250,000

Listed on 26/09/2026

The listing

Property details

Bedrooms
3
Type
Semi Detached
Area
818 sqft

Description

Situated on a generous plot in the sought-after Knighton area, this semi-detached house presents an excellent opportunity for those looking to create their ideal home. With three spacious bedrooms and a traditional layout, the property is primed for transformation and modernisation. The large rear garden is a standout feature, offering ample space for potential extensions or outdoor living enhancements. Inside, the house retains its original charm, featuring two reception rooms, a kitchen with side access, and a well-balanced layout that invites creative reworking. The appealing frontage includes a sizable driveway, with potential for additional parking. Knighton is known for its leafy streets, independent shops, and excellent schools, making this property even more desirable. Offered with no onward chain, this home is ready for someone to take on immediately, making it an ideal project for those looking to add value and tailor the space to their preferences.

WHOTS analysis

Our WHOTS verdict

An internal assessment of the opportunity to acquire, improve and create value.

39out of 100
Grade ELow opportunity

Confidence: MEDIUM

This three-bedroom semi-detached house in Knighton presents a spacious layout on a generous plot, ideal for those looking to undertake a renovation project. With dated interiors throughout—including worn carpets and outdated decor—it offers a blank canvas for buyers to modernise and add value. The large garden space is particularly notable, providing ample room for landscaping or even an extension, should planning allow.

However, while the asking price of £250,000 appears attractive at £306/sqf, it sits 8.2% above the local average of £282/sqf. Coupled with the projected renovation costs ranging from £40,000 to £120,000, the all-in costs of around £330,000 stretch the economics, leaving you with a potential value well below the local benchmarks for similar properties. This could impact your investment margin, making it crucial to consider the financial implications before proceeding.

Key opportunities

  • Large garden space with potential for landscaping or extensions
  • Spacious layout ready for modernisation
  • Located in a desirable area with strong local amenities

Key risks

  • All-in costs may exceed local benchmarks for similar properties, affecting potential return on investment

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Map

Location

Houlditch Road, Knighton, LE2 3FF
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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
£944
Based on a loan of £187,500 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.

Tax

Stamp duty calculator

Indicative tax based on the asking price and the options you select.

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