# 3 bedroom semi-detached house for sale (LE16 9FB) ## Property Details | Key | Value | |-----|-------| | Address | 15 RHODES CLOSE, MARKET HARBOROUGH, LEICESTERSHIRE LE16 9FB | | Price | £187,500 | | Bedrooms | 3 | | Last sold | £183,000 Dec 2009 | ## Description Located on this sought after development just off, Lubenham Hill is this well presented three bedroom semi detached family home. The property benefits from a lounge, kitchen diner and family bathroom. This property also offers off road parking, detached garage and a private rear garden. The accommodation briefly comprises of entrance hall, cloakroom/WC, lounge, dining kitchen, landing, three bedrooms, bathroom. Outside: direct car access to off road parking, detached garage, front and rear gardens. Info: Entrance Hall - Radiator, door off to lounge, door off to: Cloackroom/WC - Double gtlazed window to front, low level WC, wash hand basin, radiator. Lounge 15'3 x 15'4 max - Living flame gas fire set into feature fireplace, two radiators, double glazed window to front, stairs rising to first floor landing. Kitchen Diner 15'3 x 8'6 - Range of fitted base and wall cupboards, four ring gas hob with oven beneath and extractor hood over, sink unit and drainer with mixer tap over, space and plumbing for washing machine, wall mounted gas fired boiler, walls part tiled, radiator, understairs cupboard, double glazed window to rear, double glazed door leading to rear garden. Landing - Access to roof space, airing cupboard off, doors to rooms. Bedroom One 12'6 x 8'3 - Double glazed window to front, radiator. Bedroom Two 11'5 x 8'3 - Double glazed window to rear, radiator. Bedroom Three 7'5 x 6'10 - Double glazed window to front, radiator. Bathroom - White suite comprising panelled bath with 'Mira' shower fitted over, pedestal wash hand basin, low level WC, walls part tiled, double glazed window to rear, radiator. Outside: Direct car access to off road parking and detached garage, lawned front garden and a private landscaped rear garden. ## Property Photos - ![Photo](/listings/photos/26857670/1574904) - ![Photo](/listings/photos/26857670/1574907) - ![Photo](/listings/photos/26857670/1574910) - ![Photo](/listings/photos/26857670/1574913) - ![Photo](/listings/photos/26857670/1574914) - ![Photo](/listings/photos/26857670/1574916) ## Floorplans - ![Floorplan 1](/listings/photos/26857670/1574918) - Floorplan 1 ## FENSA Certificates This property has 1 FENSA certificate(s) on record. ### FENSA Certificate #15121431 - **Address:** 15 Rhodes Close, MARKET HARBOROUGH, LE16 9FB - **Certificate Issued:** 27/03/2022 - **Work Completed:** 28/02/2022 - **Items:** 2 door(s) ## Sales History *Recorded sales for this property. Data from Land Registry Price Paid.* | Address | Price | Date | Type | |---------|-------|------|------| | 15 RHODES CLOSE, MARKET HARBOROUGH, HARBOROUGH, LEICESTERSHIRE, LE16 9FB | £183,000 | 10/12/2009 | Semi-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 | | 12 HENRY ROAD, MARKET HARBOROUGH, HARBOROUGH, LEICESTERSHIRE, LE16 9PY | £135,866 | 12/08/2021 | 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 | **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:** -44% ## 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:** 0.69% (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:** 8.3% - **Cost-to-rent:** 12× - **Monthly cashflow:** £407/mo (75% LTV, 3.95% APR (5yr fixed), 25yr term) - **Cash-on-cash ROI:** 9% *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:** 23.8% - **10y growth:** 20.4% ## House Price Index (HM Land Registry) *Official index for Harborough; Semi-detached series; as of April 2026.* - **1y growth (index):** 4.8% - **5y growth (index):** 17% - **10y growth (index):** 48.8% ## 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)