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Desford Road, Newtown Unthank, LE9 - Image 1
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Desford Road, Newtown Unthank, LE9

East Midlands

£1,000,000
Listed on 07/01/2026

Property Details

Bedrooms
9
Type
Detached house

Description

Newtown Grange Farmhouse presents a compelling opportunity for anyone looking to invest in a historically rich property with significant renovation potential. This distinguished home, steeped in heritage, has undergone considerable refurbishment over the past decade, yet still retains opportunities for further enhancement. The property boasts five expansive reception rooms and nine bedrooms across three floors, providing ample space to adapt or reconfigure according to modern living preferences. The house is set back from Desford Road and sits on nearly an acre of land, offering privacy and an impressive approach via electric gates. Its exterior features grey rendered walls and charming sash windows, while the interior showcases high ceilings, traditional Victorian elements, and a grand mahogany staircase that serves as a stunning focal point. While much of the heavy lifting has been completed—including rewiring and installation of modern heating systems—there are still areas within the kitchen and bathrooms where further upgrades could enhance functionality and aesthetics. The detached quadruple garage adds value and flexibility for additional storage or a workshop. Even with its established features, Newtown Grange Farmhouse offers abundant scope to personalize the five reception spaces, potentially transforming them into studies, libraries, or playrooms. This flexibility may appeal greatly to those looking for a home that can evolve with changing needs. Outdoors, the well-maintained garden with established fruit trees presents an opportunity for landscaping initiatives that could optimize outdoor living experiences. Situated conveniently near key transport links while retaining a serene rural charm makes this property not only appealing but also strategically positioned for future growth in value.

Investment Analysis

(LE9 area)
Area Average
£280/sq ft
Avg Rent (weekly)
£221
Avg Yield
4.0%

Renovation Potential

Medium Refurb
Est. Renovation Cost
£100,000 - £150,000
Note: Renovation cost estimates are AI-generated based on property location and general characteristics, and may not reflect actual costs.
Monthly Sales
54
Average per month
Market Turnover
29%
Properties sold annually

Local Market Trend (LE9)

Area prices are stable by +1.9% over the last 12 months
3 year growth: -0.4%
5 year growth: 14.9%
Investment Disclaimer: Analysis based on LE9 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

Desford Road, Newtown Unthank, LE9
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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
£3,663
Based on a loan of £750,000 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