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The Nook, Bitteswell, Lutterworth, LE17

East Midlands

£400,000
Listed on 07/05/2026

Property Details

Bedrooms
4
Type
House
Area
1670 sqft

Description

This appealing Grade II listed thatched cottage exudes charm and is tucked away in the tranquil village of Bitteswell, presenting a unique opportunity for those looking to modernize a period property. Approached through a beautifully maintained garden, the cottage boasts numerous original features, such as exposed beams and open fireplaces, which contribute to its character. Inside, the ground floor comprises an inviting reception room with dual aspect windows that enhance its warmth and natural light. The formal dining area also showcases beautiful beams and provides access to the upper floors. The kitchen overlooks a serene churchyard and is ripe for renovation, ideal for creating a contemporary living space that maintains the home’s historical essence. A spacious main living area with rustic beams and a gas fire offers further potential for enhancement. Additionally, there is a utility room and a convenient downstairs WC that services the property well. Upstairs, four bedrooms provide ample accommodation; the master bedroom features high ceilings and attractive views of both the garden and churchyard. The second double bedroom has built-in wardrobes, while another room serves as an ideal nursery or study space. The family bathroom is substantial but would benefit from modernisation. The property's external features include a wraparound garden with private areas perfect for relaxation or entertaining, alongside generous storage options from a large outhouse. A separate carport/garage barn adds further utility to this inviting setting. Overall, this cottage not only offers period charm but significant potential for renovation to create a truly bespoke home in an enviable location.

Investment Analysis

(LE17 area)

Below Market Value

This property is priced -21.2% below area average per sq ft

-21.2%
Potential saving
This Property
£240/sq ft
Area Average
£304/sq ft
Avg Rent (weekly)
£291
Avg Yield
3.6%

Renovation Potential

Medium Refurb
Est. Renovation Cost
£60,000 - £100,000
Target Value
£558,172
10% above area average per sq ft
Potential ROI
+11.6%
After renovation
Note: Renovation cost estimates are AI-generated based on property location and general characteristics, and may not reflect actual costs.
Monthly Sales
28
Average per month
Market Turnover
15%
Properties sold annually

Local Market Trend (LE17)

Area prices are stable by -1.4% over the last 12 months
3 year growth: -0.3%
5 year growth: +3.7%
Investment Disclaimer: Analysis based on LE17 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

The Nook, Bitteswell, Lutterworth, LE17
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Mortgage Calculator

£
£
£
%
%
years

Current average 2-year fixed rate is 3.97%

Current average variable rate is 6.59%

Monthly Repayments
£1,427
Based on a loan of £300,000 over 30 years at 3.97% 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.

Stamp Duty Calculator

Price History

-11.1% since listed
£400,000£50,000(-11.1%)
06/05/2026
Current price
£450,000Initial listing
14/10/2025

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