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Harborough Road, New Inn, Nr. Billesdon, Leicestershire

East Midlands

£475,000
Listed on 06/01/2026

Property Details

Bedrooms
3
Type
Detached house
Area
1421 sqft

Description

This substantially extended semi-detached cottage offers a unique opportunity for renovation enthusiasts and investors alike. Nestled in the tranquil rural hamlet of New Inn, this property boasts flexible living space that extends far beyond what the exterior suggests, all set on a generous plot adjoining open fields. The potential to enhance this home while maintaining its period charm is significant, especially with its appealing countryside backdrop. The entrance hall greets you with flagged stone flooring, leading into the heart of the home which features a sitting room adorned with exposed beams and a characterful log burner—a perfect spot for modernisation or personal touches. The adjoining dining room, also rich in original detailing, offers dual aspects for bright daylight and could benefit from cosmetic updates or layout reconfigurations to fit modern lifestyles. At the rear lies a spacious L-shaped kitchen equipped with bespoke oak units and an impressive oil-fired Aga that could serve as a focal point after some contemporary enhancements. Beyond this is the first floor featuring three bedrooms and an office space—an ideal canvas for reimagining interiors or enhancing functionality to suit various needs. Outside, the property is accompanied by well-maintained gardens including patio areas, raised lawns, and vegetable patches—all abutting serene open fields that encourage outdoor living and potential landscaping projects. With no upward chain, this cottage stands as a blank canvas for those looking to breathe new life into a traditional structure while enjoying the charm of the Leicestershire countryside.

Investment Analysis

(LE7 area)

Above Market Value

This property is priced +8.1% above area average per sq ft

+8.1%
This Property
£334/sq ft
Area Average
£309/sq ft
Avg Rent (weekly)
£245
Avg Yield
3.3%

Renovation Potential

Medium Refurb
Est. Renovation Cost
£30,000 - £50,000
Target Value
£483,311
10% above area average per sq ft
Potential ROI
-7.9%
After renovation
Note: Renovation cost estimates are AI-generated based on property location and general characteristics, and may not reflect actual costs.
Monthly Sales
63
Average per month
Market Turnover
40%
Properties sold annually

Local Market Trend (LE7)

Area prices are stable by +1.1% over the last 12 months
3 year growth: 4.5%
5 year growth: 13.8%
Investment Disclaimer: Analysis based on LE7 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

Harborough Road, New Inn, Nr. Billesdon, Leicestershire
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Mortgage Calculator

£
£
£
%
%
years

Current average 2-year fixed rate is 4.19%

Current average variable rate is 6.78%

Monthly Repayments
£1,740
Based on a loan of £356,250 over 30 years at 4.19% 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.

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YOUR HOME MAY BE REPOSSESSED IF YOU DO NOT KEEP UP REPAYMENTS ON YOUR MORTGAGE