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Glebe Road, Market Harborough, Leicestershire LE16 - Image 1
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Glebe Road, Market Harborough, Leicestershire LE16

East Midlands

£250,000
Listed on 07/05/2026

Property Details

Bedrooms
2
Type
Detached Bungalow
Area
817 sqft

Description

This property represents a promising opportunity for those seeking a renovation project in the East Midlands. It is a two-bedroom family home that calls for significant updating and modernization, making it an ideal prospect for investors or first-time buyers looking to create their dream residence. The home features convenient driveway parking, a detached garage, and a manageable private rear garden that offers possibilities for enhancement. Upon entering, you're welcomed by an entrance porch leading to a central hallway that opens up to the main living spaces. The bright lounge at the front of the house boasts a bay window, allowing ample natural light and creating an inviting atmosphere for relaxation or entertaining. The property includes two generously sized bedrooms, one of which benefits from fitted storage and both offering pleasant views. The kitchen, located at the rear, provides direct access to the garden and comes with built-in storage and a separate pantry area—ideal for redesigning according to personal tastes and functionality. The bathroom features essential fittings including a walk-in bath, wash basin, and WC but requires modernization. Externally, the driveway leads to a detached garage suitable for parking or as a work/storage space. The rear garden is designed with low maintenance in mind but holds potential for re-imagination. Located within proximity to local amenities such as shops, supermarkets, and cafes as well as green spaces and transport links, this home holds genuine investment appeal in a desirable area. This property is an outstanding chance to develop something unique in an attractive neighborhood.

Investment Analysis

(LE16 area)

Below Market Value

This property is priced -6.6% below area average per sq ft

-6.6%
Potential saving
This Property
£306/sq ft
Area Average
£328/sq ft
Avg Rent (weekly)
£253
Avg Yield
3.2%

Renovation Potential

Heavy Refurb
Est. Renovation Cost
£20,000 - £40,000
Target Value
£294,459
10% above area average per sq ft
Potential ROI
+1.5%
After renovation
Note: Renovation cost estimates are AI-generated based on property location and general characteristics, and may not reflect actual costs.
Monthly Sales
46
Average per month
Market Turnover
13%
Properties sold annually

Local Market Trend (LE16)

Area prices are falling by -5.1% over the last 12 months
3 year growth: -4.5%
5 year growth: +5.7%
Investment Disclaimer: Analysis based on LE16 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

Glebe Road, Market Harborough, Leicestershire LE16
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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
£892
Based on a loan of £187,500 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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