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The Nook, Bitteswell, Lutterworth, LE17

East Midlands

£450,000
Listed on 30/12/2025

Property Details

Bedrooms
4
Type
Detached house
Area
1670 sqft

Description

This Grade II listed thatched cottage, rich in period charm, is nestled in the tranquil village of Bitteswell. Its original features, including exposed beams and open fireplaces, offer a glimpse of its historical significance while inviting modern updates. The approach through a lush front garden enhances its appeal. With four bedrooms and ample living space, there are significant opportunities for renovation to create a contemporary family home. The ground floor includes a reception room with dual aspect windows and an inviting dining area leading to a kitchen that overlooks the churchyard—this area presents a perfect canvas for reimagining your ideal culinary space. A spacious main lounge with triple aspects further accentuates the potential for enhancement. Upstairs, the master bedroom boasts impressive views and high ceilings alongside three additional bedrooms that can be tailored to suit various needs. Outside, the private courtyard garden and outhouse offer extra potential for development (subject to planning permission). Located close to essential amenities and transport links, this property presents an interesting investment opportunity in a desirable location.

Investment Analysis

(LE17 area)

Below Market Value

This property is priced -10.6% below area average per sq ft

-10.6%
Potential saving
This Property
£269/sq ft
Area Average
£302/sq ft

Renovation Potential

Medium Refurb
Est. Renovation Cost
£50,000 - £80,000
Target Value
£553,856
10% above area average per sq ft
Potential ROI
+4.5%
After renovation
Note: Renovation cost estimates are AI-generated based on property location and general characteristics, and may not reflect actual costs.
Monthly Sales
29
Average per month
Market Turnover
35%
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: 7.6%
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 4.19%

Current average variable rate is 6.78%

Monthly Repayments
£1,648
Based on a loan of £337,500 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