Melton Road, Thurmaston Village, Leicester
East Midlands
£155,000
Listed on 24/10/2026
Listed on 24/10/2026
The listing
Property details
Bedrooms
3Type
End Of TerraceArea
700 sqftFeatures
- Garden
Description
This three-bedroom semi-detached house in Thurmaston is offered with no onward chain and requires upgrading works. The ground floor has a lounge, a kitchen with access to the rear garden, and a bathroom, while upstairs are three bedrooms and a landing with loft access.
The kitchen includes fitted base and wall units, a gas hob and oven, a stainless-steel sink, and space and plumbing for a washing machine. The bathroom has a bath, wash hand basin and WC. The enclosed rear garden combines paved areas with a lawn and has access to a shared passage. The property is freehold and has an EPC rating of E. It offers scope for a purchaser to update the existing accommodation, with the extent of work to be assessed at viewing.
WHOTS analysis
Our WHOTS verdict
An internal assessment of the opportunity to acquire, improve and create value.
75out of 100
Grade BGood opportunity
Confidence: MEDIUM
At £155,000, this three-bedroom semi is priced around 24% below the local average per square foot, making the asking price a clear acquisition opportunity. The photographed rooms are usable, with an intact bathroom, while the older kitchen and basic finishes offer scope for straightforward cosmetic improvement rather than a major overhaul.
The enclosed rear garden needs substantial clearing and tidying, and the worn finish near the base of the front elevation is worth inspecting. With estimated works of £6,500–£14,000, this looks like a manageable project for someone wanting to refresh the interiors and make better use of the garden.
Key opportunities
- Refresh the older kitchen and basic interior finishes with cosmetic improvements.
- Clear and tidy the enclosed rear garden, making better use of its existing paved areas and raised bed.
- Acquire at a asking price well below the local average per square foot.
Key risks
- The worn or damaged-looking finish near the base of the front elevation warrants inspection.
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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
£586
Based on a loan of £116,250 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.
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