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Eastgate, Hallaton, Market Harborough

East Midlands

£500,000
Listed on 10/11/2025

Property Details

Bedrooms
4
Type
Detached house
Area
1262 sqft

Description

This four-bedroom detached family home, designed in the 1970s, is situated in the desirable village of Hallaton in southeast Leicestershire. While the property currently requires significant modernization, it presents a substantial opportunity for renovation and improvement, allowing prospective buyers the chance to customize it to their personal preferences. The layout comprises a spacious entrance hallway with a guest cloakroom, leading to an L-shaped dual-aspect living room that provides ample natural light. A separate formal dining room adds to the functional ground floor layout, complemented by a breakfast kitchen that can be transformed into a modern culinary space. On the upper level, a central landing connects four well-proportioned bedrooms, alongside a family bathroom and an additional separate WC. The size of these rooms suggests potential for reconfiguration to enhance their functionality or create an en-suite arrangement. Set on a generous plot with plenty of outdoor space, the property features a driveway accessible through a five-bar gate leading to a double garage. The side and rear gardens are predominantly lawned and surrounded by mature hedging that offers privacy from the road—ideal for outdoor entertaining or family activities. Furthermore, there is potential for expansion subject to obtaining necessary planning consents. Located in Hallaton—a sought-after village known for its community spirit and scenic surroundings—this property not only represents an ideal family home but also serves as an attractive investment opportunity for those looking to capitalize on the area's growth potential and enhance the value of their investment through thoughtful renovations.

Investment Analysis

(LE16 area)

Above Market Value

This property is priced +20.0% above area average per sq ft

+20.0%
This Property
£396/sq ft
Area Average
£330/sq ft
Avg Rent (weekly)
£261
Avg Yield
3.5%

Renovation Potential

Medium Refurb
Est. Renovation Cost
£50,000 - £80,000
Target Value
£458,175
10% above area average per sq ft
Potential ROI
-21.0%
After renovation
Note: Renovation cost estimates are AI-generated based on property location and general characteristics, and may not reflect actual costs.
Monthly Sales
39
Average per month
Market Turnover
12%
Properties sold annually

Local Market Trend (LE16)

Area prices are falling by +4.3% over the last 12 months
3 year growth: -3.2%
5 year growth: 6.7%
Investment Disclaimer: Analysis based on LE16 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

Eastgate, Hallaton, Market Harborough
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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
£1,832
Based on a loan of £375,000 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