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Desford Lane, Newbold Verdon, LE9

East Midlands

£298,000
Listed on 15/10/2025

Property Details

Bedrooms
3
Type
Detached house
Area
1342 sqft

Description

This characterful double-fronted farmhouse presents a unique opportunity for renovation and investment, ideally situated in a desirable residential area. With no upward chain, the property offers immediate possession potential for interested buyers. Spanning approximately 1,342 square feet, the home boasts well-sized living spaces that can be transformed to suit modern living standards. Internally, the property features two spacious reception rooms enhanced by charming open fireplaces and exposed beam ceilings, providing a glimpse into its historical character. The kitchen/breakfast room includes original elements alongside practical features like a utility room/pantry. On the upper level, three generously-sized double bedrooms are complemented by a family bathroom with essential amenities. The expansive outdoor space is one of this property’s standout features. It includes well-maintained mature gardens and ample gated parking for multiple vehicles. The two sizable adjoining brick-built outbuildings offer significant investment potential; they could be adapted or extended (subject to necessary planning approvals) to augment the main living space or serve as useful storage. Located on the outskirts of Newbold Verdon—a village known for its community spirit—this property is within easy reach of local amenities including shops and a primary school. For broader retail and recreational offerings, both Hinckley (7 miles) and Leicester (10 miles) are conveniently accessible. Additionally, the nearby junctions of the M1 ensure excellent transport links to major cities such as Coventry and Birmingham. This residence not only lends itself to comfortable living but also holds considerable promise for future enhancements that could increase its value in this sought-after location. An early viewing is recommended to fully appreciate both the existing accommodation and the potential awaiting new owners.

Investment Analysis

(LE9 area)

Below Market Value

This property is priced -20.1% below area average per sq ft

-20.1%
Potential saving
This Property
£222/sq ft
Area Average
£278/sq ft
Avg Rent (weekly)
£228
Avg Yield
4.1%

Renovation Potential

Medium Refurb
Est. Renovation Cost
£25,000 - £45,000
Target Value
£410,162
10% above area average per sq ft
Potential ROI
+19.6%
After renovation
Note: Renovation cost estimates are AI-generated based on property location and general characteristics, and may not reflect actual costs.
Monthly Sales
60
Average per month
Market Turnover
17%
Properties sold annually

Local Market Trend (LE9)

Area prices are stable by +2.0% over the last 12 months
3 year growth: 0.2%
5 year growth: 16.3%
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 Lane, Newbold Verdon, 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
£1,092
Based on a loan of £223,500 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