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Tyrrell Street, Leicester LE3 - Image 1
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Tyrrell Street, Leicester LE3

East Midlands

£200,000
Listed on 17/09/2025

Property Details

Bedrooms
3
Type
Terraced house

Description

This mid-terraced home on Tyrrell Street in Leicester presents a promising opportunity for renovation and investment. With a practical three-bedroom layout, the property is well-suited for families or first-time buyers eager to customize their living space. The ground floor features an inviting entrance that opens into two reception rooms, offering versatility for both relaxation and social gatherings. The kitchen, while functional, awaits modernization and leads directly to the rear garden, which has potential for landscaping or outdoor entertaining. Upstairs, you’ll find three generously sized bedrooms that can accommodate family needs or provide guest accommodations. The bathroom offers basic amenities but also invites the opportunity for updates. While the home is currently presented in a livable condition, it does require some renovation work. This allows buyers to truly make it their own while increasing its value. Notably, cavity wall insulation enhances energy efficiency, potentially lowering future utility costs. Located conveniently close to local amenities and transport links, this property not only provides immediate comfort but also reflects significant potential for appreciation in a desirable area. Whether you're looking to invest or create your ideal family home, this property stands as an excellent canvas awaiting your vision.

Investment Analysis

(LE3 area)
Area Average
£248/sq ft
Avg Rent (weekly)
£227
Avg Yield
4.8%

Renovation Potential

Est. Renovation Cost
£20,000 - £50,000
10-25% of property value
Monthly Sales
66
Average per month
Market Turnover
36%
Properties sold annually

Local Market Trend (LE3)

Area prices are rising by +2.1% over the last 12 months
3 year growth: 5.2%
5 year growth: 27.2%
Investment Disclaimer: Analysis based on LE3 area averages and may not reflect property-specific factors like condition, exact location, or unique features. Renovation costs vary significantly based on property condition and scope of work. Always conduct professional surveys and get multiple quotes before making investment decisions.

Location

Tyrrell Street, Leicester LE3
Map showing location of Tyrrell Street, Leicester LE3
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