Worst House on the Street Logo
Markfield LE67 - Image 1
Markfield LE67 - Image 2
Markfield LE67 - Image 3
Markfield LE67 - Image 4
Markfield LE67 - Image 5

Markfield LE67

East Midlands

£1,250,000
Listed on 27/02/2025

Property Details

Bedrooms
6
Type
Detached house

Description

Nestled in the sought-after region of Ulverscroft, this distinctive six-bedroom detached home offers a unique opportunity for renovation or redevelopment. Set on a generous two-acre plot, the property is surrounded by the natural beauty of Charnwood Forest, providing both privacy and a tranquil setting. The existing structure has been architecturally designed and holds full planning permission for its demolition, paving the way for a new substantial family residence spanning 8,307 square feet. The proposed plans envision an impressive galleried reception hall that serves as a central hub, complemented by expansive open-plan living and dining areas. Additionally, the design includes several well-appointed reception rooms—ideal for entertaining or relaxing—along with designated office spaces that promise stunning views of the surrounding landscape. This property not only offers immense potential for immediate development but also allows room for further extension opportunities, subject to obtaining appropriate planning permissions. With its prime location and ample land, it represents a significant investment prospect in an area that is highly regarded for its community and scenic surroundings. Detailed architectural plans are available upon request for those interested in maximizing the potential of this exceptional site.

Investment Analysis

(LE67 area)
Area Average
£259/sq ft
Avg Rent (weekly)
£228
Avg Yield
4.2%

Renovation Potential

Est. Renovation Cost
£125,000 - £312,500
10-25% of property value
Monthly Sales
45
Average per month
Market Turnover
44%
Properties sold annually

Local Market Trend (LE67)

Area prices are stable by +1.4% over the last 12 months
3 year growth: 2.8%
5 year growth: 24.5%
Investment Disclaimer: Analysis based on LE67 area averages and may not reflect property-specific factors like condition, exact location, or unique features. 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

Markfield LE67
Map showing location of Markfield LE67
Open Map