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Leicester, Leicestershire LE8 - Image 1
Leicester, Leicestershire LE8 - Image 2
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Leicester, Leicestershire LE8

East Midlands

£250,000
Listed on 27/12/2025

Property Details

Bedrooms
3
Type
Terraced house
Area
862 sqft

Description

This three-bedroom mid-terrace home is situated in a tranquil area of Kibworth, just a stone's throw away from local amenities. While the property is currently in good condition and features modern double-glazing and gas central heating, it presents substantial opportunities for enhancement and personalization. The layout provides flexible living options that can easily be adapted to suit various needs, making it an attractive proposition for families, first-time buyers, or investors looking to add value. The entrance porch leads into a hallway with stairs to the upper level. A front-facing reception room can serve as an additional bedroom or living space, while the back of the house boasts a spacious lounge/diner and a breakfast kitchen equipped with a convenient breakfast bar. The ground floor also includes a family bathroom with essential fittings. On the first floor, the galleried landing accesses three bedrooms. Notably, one of the original main bedrooms has been modified into two separate rooms, demonstrating the potential for further customization to meet modern living demands. Outdoors, both front and rear gardens predominantly feature lawn areas with established borders. There’s additional access via double gates leading to parking space. The rear garden holds potential for expansion sideways, pending necessary permissions. Kibworth is recognized as a vibrant village with excellent educational facilities, shops, dining options, and robust transport connections to larger nearby towns such as Leicester and Market Harborough. This property stands out not just as a comfortable residence but also as a promising investment opportunity in a desirable location.

Investment Analysis

(LE8 area)

Below Market Value

This property is priced -3.8% below area average per sq ft

-3.8%
Potential saving
This Property
£290/sq ft
Area Average
£302/sq ft
Avg Rent (weekly)
£254
Avg Yield
3.9%

Renovation Potential

Medium Refurb
Est. Renovation Cost
£15,000 - £25,000
Target Value
£285,930
10% above area average per sq ft
Potential ROI
+4.0%
After renovation
Note: Renovation cost estimates are AI-generated based on property location and general characteristics, and may not reflect actual costs.
Monthly Sales
43
Average per month
Market Turnover
15%
Properties sold annually

Local Market Trend (LE8)

Area prices are rising by +3.8% over the last 12 months
3 year growth: -0.1%
5 year growth: 15.3%
Investment Disclaimer: Analysis based on LE8 area averages and may not reflect property-specific factors like condition, exact location, or unique features. Any renovation cost estimates provided are AI-generated and should be considered indicative only. 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

Leicester, Leicestershire LE8
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Mortgage Calculator

£
£
£
%
%
years

Current average 2-year fixed rate is 4.19%

Current average variable rate is 6.78%

Monthly Repayments
£916
Based on a loan of £187,500 over 30 years at 4.19% 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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YOUR HOME MAY BE REPOSSESSED IF YOU DO NOT KEEP UP REPAYMENTS ON YOUR MORTGAGE