Earls Way, Thurmaston, Leicester, Leicestershire, LE4
East Midlands
£220,000
Listed on 23/10/2026
Listed on 23/10/2026
The listing
Property details
Bedrooms
3Type
Semi DetachedArea
1063 sqftFeatures
- Garage
- Garden
- Parking
Description
This three-bedroom semi-detached house in Thurmaston has a lounge/diner, a rear kitchen and a lean-to with a study area and access to the garden and attached garage. Upstairs are three bedrooms and a family bathroom. The property is described as requiring modernisation throughout, offering scope for a buyer to update the accommodation to suit their needs.
Outside, there is a driveway, an attached single garage and a rear garden. The listing notes nearby schools, shops and transport links. The property is marketed by Spencers Estate Agency, Syston.
WHOTS analysis
Our WHOTS verdict
An internal assessment of the opportunity to acquire, improve and create value.
69out of 100
Grade CPotential opportunity
Confidence: MEDIUM
At £220,000, this three-bedroom semi-detached house is priced well below the local average per square foot, making the asking price a genuine acquisition opportunity. The lounge/diner and bedrooms offer usable proportions, while the driveway, attached garage and established garden add practical appeal. The visible interiors give a buyer scope to reshape the finish, including updating the dated kitchen and bathroom and improving the garden.
This is a substantial project rather than a cosmetic refresh: worn and marked finishes are visible in several rooms, and the lean-to floor has extensive staining and deterioration that needs investigation. The £38,000–£68,000 renovation range indicates the scale of work, though the brickwork and roof appear broadly intact in the views. The asking price plus the renovation midpoint is £273,000, compared with an implied current local average value of £309,705; that is a useful indication of headroom, not a renovated GDV.
Key opportunities
- Rework the lounge/diner and three usable bedrooms with updated finishes to create a home tailored to the buyer.
- Replace the dated kitchen and bathroom finishes, and investigate and repair the lean-to floor as part of a coordinated upgrade.
- Build on the driveway, attached garage and established garden, with scope to tidy overgrown planting and worn paving.
Key risks
- Worn flooring and marked finishes across several rooms, dated kitchen and bathroom fittings, and the deteriorated lean-to floor make this a substantial £38,000–£68,000 works programme rather than a cosmetic refresh; establish the lean-to repair scope and allow for budget and schedule contingency.
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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
£831
Based on a loan of £165,000 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.
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