# 3 bedroom semi-detached house for sale (LE16 9FB)

## Property Details

| Key | Value |
|-----|-------|
| Address | 16 RHODES CLOSE, MARKET HARBOROUGH, MARKET HARBOROUGH, LEICESTERSHIRE LE16 9FB |
| Price | £179,950 |
| Bedrooms | 3 |
| Last sold | £179,000 Oct 2006 |

## Description

Info:

Entrance Hall - Access via sealed unit double glazed door to the front elevation, hot water radiator, smoke alarm, door off to cloakroom/wc, and door to lounge.

Cloakroom/wc - Frosted sealed unit double glazed window to the front elevation, and hot water radiator. White suite comprising low level wc, and pedestal wash hand basin with tiled surround.

Lounge 15'1 x 15'4 max - Sealed unit double glazed window to the front elevation, stairs rising to the first floor landing, two hot water radiators, smoke alarm, TV point, thermostat for central heating, and door through to:

Kitchen/Diner 15'4 x 8'5 - Two sealed unit double glazed windows to the rear elevation, and sealed unit double glazed door opening to the rear garden. Range of fitted base and eye level kitchen units with rolled edge work surfaces with polycarbonate sink unit inset with drainer and mixer tap over, four ring gas hob with oven beneath and filter hood over, space and plumbing for washing machine and dishwasher, space for freestanding fridge freezer, wall mounted gas fired boiler, walls part tiled, laminate flooring, hot water radiator, space for dining table, understairs pantry/storage cupboard off, programmer and timer for central heating.

Landing - Stairs rising from the lounge, access to roof space via a hatch, airing cupboard off housing the hot water tank, smoke alarm, and doors off to rooms.

Bedroom One 12'6 x 8'4 - Sealed unit double glazed window to the front elevation, TV point, and hot water radiator.

Bedroom Two 11'3 x 8'4 - Sealed unit double glazed window to the rear elevation, and hot water radiator.

Bedroom Three 7'5 x 6'8 - Sealed unit double glazed window to the front elevation, hot water radiator, and telephone point.

Family Bathroom 6'9 x 6'4 - Frosted sealed unit double glazed window to the rear elevation, fitted white suite comprising low level wc, pedestal wash hand basin, and panelled bath with wall mounted shower rail and curtain. Walls part tiled, hot water radiator, shaver point, and spotlights to ceiling.

Outside:

To the Front - Direct car access to off-road parking for two vehicles and side pedestrian access to the rear garden. Small front garden with pathway leading to the front door.

To the Rear - Private landscaped rear garden which is fully enclosed via timber fencing and mainly laid to lawn with a patio area, flower and shrub borders, outside tap, and timber garden shed.

## Property Photos

- ![Front](/listings/photos/5339667/1574924) - Front
- ![Lounge](/listings/photos/5339667/1574927) - Lounge
- ![Lounge](/listings/photos/5339667/1574928) - Lounge
- ![Kitchen](/listings/photos/5339667/1574930) - Kitchen
- ![Garden](/listings/photos/5339667/1574934) - Garden

## FENSA Certificates

This property has 1 FENSA certificate(s) on record.

### FENSA Certificate #10390184
- **Address:** 16 Rhodes Close, MARKET HARBOROUGH, LE16 9FB
- **Certificate Issued:** 07/07/2014
- **Work Completed:** 09/06/2014
- **Items:** 8 window(s), 2 door(s)

## Sales History

*Recorded sales for this property. Data from Land Registry Price Paid.*

| Address | Price | Date | Type |
|---------|-------|------|------|
| 16 RHODES CLOSE, MARKET HARBOROUGH, HARBOROUGH, LEICESTERSHIRE, LE16 9FB | £179,000 | 17/10/2006 | Semi-detached |
| 16 RHODES CLOSE, MARKET HARBOROUGH, HARBOROUGH, LEICESTERSHIRE, LE16 9FB | £156,500 | 18/05/2004 | Semi-detached |
| 16 RHODES CLOSE, MARKET HARBOROUGH, HARBOROUGH, LEICESTERSHIRE, LE16 9FB | £70,000 | 07/11/2003 | Semi-detached |
| 16 RHODES CLOSE, MARKET HARBOROUGH, HARBOROUGH, LEICESTERSHIRE, LE16 9FB | £70,000 | 07/11/2003 | Detached |

## Sold Comparables

*Same street and nearby sales within 0.25 miles. Data from Land Registry Price Paid. Last 5 years.*

| Address | Price | Date | Type |
|---------|-------|------|------|
| 114 WILLOW CRESCENT, MARKET HARBOROUGH, HARBOROUGH, LEICESTERSHIRE, LE16 9DT | £335,000 | 12/12/2025 | Semi-detached |
| 56 HARVEST ROAD, MARKET HARBOROUGH, HARBOROUGH, LEICESTERSHIRE, LE16 9FN | £295,000 | 27/06/2025 | Semi-detached |
| 8 WHEAT CLOSE, MARKET HARBOROUGH, HARBOROUGH, LEICESTERSHIRE, LE16 9FP | £245,000 | 14/07/2023 | Semi-detached |
| 74 WILLOW CRESCENT, MARKET HARBOROUGH, HARBOROUGH, LEICESTERSHIRE, LE16 9DT | £365,000 | 05/12/2022 | Semi-detached |
| 6 BARLEY WAY, MARKET HARBOROUGH, HARBOROUGH, LEICESTERSHIRE, LE16 9FQ | £302,000 | 21/11/2022 | Semi-detached |
| 4 EDMUND CLOSE, MARKET HARBOROUGH, HARBOROUGH, LEICESTERSHIRE, LE16 9LH | £319,950 | 04/11/2022 | Semi-detached |
| 2 EDMUND CLOSE, MARKET HARBOROUGH, HARBOROUGH, LEICESTERSHIRE, LE16 9LH | £299,950 | 11/10/2022 | Semi-detached |
| 10 LUBENHAM HILL, MARKET HARBOROUGH, HARBOROUGH, LEICESTERSHIRE, LE16 9DQ | £443,000 | 04/08/2022 | Semi-detached |
| 5 WHEAT CLOSE, MARKET HARBOROUGH, HARBOROUGH, LEICESTERSHIRE, LE16 9FP | £290,000 | 30/06/2022 | Semi-detached |
| 48 LUBENHAM HILL, MARKET HARBOROUGH, HARBOROUGH, LEICESTERSHIRE, LE16 9DQ | £422,000 | 27/06/2022 | Semi-detached |
| 84 WILLOW CRESCENT, MARKET HARBOROUGH, HARBOROUGH, LEICESTERSHIRE, LE16 9DT | £270,000 | 24/05/2022 | Semi-detached |
| 5 WHEAT CLOSE, MARKET HARBOROUGH, HARBOROUGH, LEICESTERSHIRE, LE16 9FP | £315,000 | 29/04/2022 | Semi-detached |
| 2 LUBENHAM HILL, MARKET HARBOROUGH, HARBOROUGH, LEICESTERSHIRE, LE16 9DQ | £420,000 | 25/03/2022 | Semi-detached |
| 26 LUBENHAM HILL, MARKET HARBOROUGH, HARBOROUGH, LEICESTERSHIRE, LE16 9DQ | £480,000 | 25/03/2022 | Semi-detached |
| 104 WILLOW CRESCENT, MARKET HARBOROUGH, HARBOROUGH, LEICESTERSHIRE, LE16 9DT | £270,000 | 04/03/2022 | Semi-detached |
| 64 LUBENHAM HILL, MARKET HARBOROUGH, HARBOROUGH, LEICESTERSHIRE, LE16 9DQ | £435,000 | 24/02/2022 | Semi-detached |
| 64 LUBENHAM HILL, MARKET HARBOROUGH, HARBOROUGH, LEICESTERSHIRE, LE16 9DQ | £400,000 | 07/12/2021 | Semi-detached |
| 18 HENRY ROAD, MARKET HARBOROUGH, HARBOROUGH, LEICESTERSHIRE, LE16 9PY | £135,866 | 12/08/2021 | Semi-detached |
| 14 HENRY ROAD, MARKET HARBOROUGH, HARBOROUGH, LEICESTERSHIRE, LE16 9PY | £135,866 | 12/08/2021 | Semi-detached |
| 12 HENRY ROAD, MARKET HARBOROUGH, HARBOROUGH, LEICESTERSHIRE, LE16 9PY | £135,866 | 12/08/2021 | Semi-detached |

**Area average:** £315,725 (20 sales)

## Price vs local average

*Outcode + property type (HousePrices, last 2 years).*

- **Local average:** £334,743 (53 Semi-detached, LE16, 2024–2026)
- **Deviation:** -46.2%

## Rental Range

*ONS Price Index of Private Rents (Harborough). Low / Realistic / Optimistic = conservative / average / best case.*

- **Low:** £866/mo
- **Realistic:** £962/mo
- **Optimistic:** £1,058/mo

## LHA (Local Housing Allowance)

*VOA 30th percentile rent floor for Leicester (Apr 2025 – Mar 2026).*

- **LHA floor (this property size):** £773/mo

## Rental Comparables

*Residential lets from OpenRent and Rightmove for the area (same bedroom count). Use to validate rent estimates. Student lets are excluded.*

| Title | Rent | Beds | Distance | As seen on |
|------|------|------|------|------|
| 3 Bed Semi-Detached House, The Lealand, LE16 | £1,300/mo | 3 | 0.77 miles | OpenRent |

**Average rent: £1,300/mo (1 listing)**

## 1% Rule

- **Rent ratio:** 0.72% (weak for cashflow)
- **Max investor price (0.8%):** £162,500
- **Target investor price (1%):** £130,000

*Monthly rent ÷ price. 1%+ = strong, 0.8–1% = okay, <0.8% = weak. Max investor price = rent ÷ 0.8% (Stoke-style target). Target investor price = rent ÷ 1% (strong cashflow band). Based on OpenRent comparables.*

## Rent-driven metrics

*Based on OpenRent comparables (median £1,300/mo).*

- **Gross yield:** 8.7%
- **Cost-to-rent:** 11.5×
- **Monthly cashflow:** £436/mo (75% LTV, 3.95% APR (5yr fixed), 25yr term)
- **Cash-on-cash ROI:** 10%

*Gross yield = annual rent as % of price (no costs). Cost-to-rent = price ÷ annual rent (from OpenRent comparables); under 14× = strong, 14–16× = acceptable, 17×+ = compressed. Cashflow = rent − mortgage − 10% maintenance − £25/mo compliance; assumes 75% LTV, 3.95% APR (5yr fixed), 25yr term. ROI = annual profit ÷ cash in (deposit + 4% purchase costs).*

## Capital growth trend

*Land Registry outcode average from sold prices: last 12 months vs 5y and 10y ago.*

- **5y growth:** 22.5%
- **10y growth:** 20.4%

## House Price Index (HM Land Registry)

*Official index for Harborough; Semi-detached series; as of May 2026.*

- **1y growth (index):** 8.1%
- **5y growth (index):** 20.9%
- **10y growth (index):** 54.3%

## Flood risk

- **Zone:** 1
- **Risk:** Low
- **Source:** Job (default Low)

[Check long-term flood risk (GOV.UK)](https://check-long-term-flood-risk.service.gov.uk/postcode)