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Elwell Avenue, Barwell LE9

East Midlands

£230,000
Listed on 03/04/2026

Property Details

Bedrooms
2
Type
Semi Detached

Description

This traditional semi-detached home presents a unique opportunity for renovation and investment, featuring a generous building plot to the side measuring approximately 64 x 46 feet. With planning permission in place for the construction of a detached dwelling (application number: 25/00481/ful), this property offers significant potential for developers or builders looking to expand their portfolio. Located in a desirable area, within walking distance to village amenities such as shops, schools, and public houses, as well as easy access to major road networks. The property itself requires updating but is equipped with gas central heating and UPVC double-glazing throughout. The layout includes an entrance hall leading to a front-facing lounge, kitchen with utility features, and a separate WC on the ground floor; while upstairs there are two double bedrooms and a bathroom. Outside, you'll find a driveway alongside a sunny rear garden, ideal for expansion or landscaping enhancements. This property is not only a living space but also a promising project for those looking to invest in real estate.

Investment Analysis

(LE9 area)
Area Average
£283/sq ft
Avg Rent (weekly)
£229
Avg Yield
4.0%

Renovation Potential

Medium Refurb
Est. Renovation Cost
£25,000 - £40,000
Note: Renovation cost estimates are AI-generated based on property location and general characteristics, and may not reflect actual costs.
Monthly Sales
66
Average per month
Market Turnover
14%
Properties sold annually

Local Market Trend (LE9)

Area prices are falling by -2.4% over the last 12 months
3 year growth: +0.6%
5 year growth: +12.8%
Investment Disclaimer: Analysis based on LE9 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

Elwell Avenue, Barwell LE9
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Mortgage Calculator

£
£
£
%
%
years

Current average 2-year fixed rate is 3.91%

Current average variable rate is 6.62%

Monthly Repayments
£815
Based on a loan of £172,500 over 30 years at 3.91% 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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