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Candle Lane, Earl Shilton, Leicester LE9 - Image 1
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Candle Lane, Earl Shilton, Leicester LE9

East Midlands

£160,000
Listed on 04/05/2026

Property Details

Bedrooms
3
Type
Town House
Area
1021 sqft

Description

This mid-terraced house offers a solid foundation for those looking to invest or embark on a renovation project. With no chain involved, it features a practical layout including an entrance porch, spacious hall, and essential amenities such as a downstairs WC. The lounge and kitchen/diner provide generous living space, complemented by a utility room for added convenience. Upstairs, you'll find three bedrooms and a family bathroom, all equipped with UPVC double glazing. Outside, the property boasts off-road parking at the front and a garden at the rear, ideal for further enhancement. Given its current state requiring modernization, this home presents an excellent opportunity for first-time buyers or investors to transform it into a desirable residence in East Midlands.

Investment Analysis

(LE9 area)

Below Market Value

This property is priced -44.6% below area average per sq ft

-44.6%
Potential saving
This Property
£157/sq ft
Area Average
£283/sq ft
Avg Rent (weekly)
£246
Avg Yield
4.2%

Renovation Potential

Medium Refurb
Est. Renovation Cost
£15,000 - £25,000
Target Value
£317,444
10% above area average per sq ft
Potential ROI
+71.6%
After renovation
Note: Renovation cost estimates are AI-generated based on property location and general characteristics, and may not reflect actual costs.
Monthly Sales
74
Average per month
Market Turnover
16%
Properties sold annually

Local Market Trend (LE9)

Area prices are stable by -1.9% over the last 12 months
3 year growth: +1.0%
5 year growth: +12.6%
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

Candle Lane, Earl Shilton, Leicester LE9
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Mortgage Calculator

£
£
£
%
%
years

Current average 2-year fixed rate is 3.97%

Current average variable rate is 6.59%

Monthly Repayments
£571
Based on a loan of £120,000 over 30 years at 3.97% 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.

Stamp Duty Calculator

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