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Far Lane, Normanton On Soar, Loughborough

East Midlands

£550,000
Listed on 30/12/2025

Property Details

Bedrooms
5
Type
Detached house
Area
1981 sqft

Description

This property presents a distinctive investment opportunity featuring two self-contained residences situated on a generous plot, ideal for multi-generational living or rental income. Both homes are located in a tranquil cul-de-sac, ensuring privacy while also offering potential for further development. The main residence includes an entrance hallway, kitchen, three bedrooms, and a family bathroom on the ground floor, complemented by a spacious living room on the first floor. The second home mirrors this layout with two bedrooms and similar amenities but is slightly smaller, making it perfect for guests or as an independent rental unit. Shared access to an extensive rear garden enhances the outdoor space along with a tandem garage attached to the main house. There’s also potential for conversion of the several outdoor storerooms into an additional annexe—subject to planning permissions—further increasing value and usability. Located in Normanton-on-Soar, this historic village combines community spirit with scenic beauty alongside essential amenities such as schools and transport links. While both residences are functional as they stand, they offer ample scope for modernization and enhancement, allowing investors or homeowners alike to add personal touches or upgrades that can significantly boost market appeal.

Investment Analysis

(LE12 area)

Below Market Value

This property is priced -6.3% below area average per sq ft

-6.3%
Potential saving
This Property
£278/sq ft
Area Average
£296/sq ft
Avg Rent (weekly)
£234
Avg Yield
3.9%

Renovation Potential

Medium Refurb
Est. Renovation Cost
£40,000 - £60,000
Target Value
£645,667
10% above area average per sq ft
Potential ROI
+5.8%
After renovation
Note: Renovation cost estimates are AI-generated based on property location and general characteristics, and may not reflect actual costs.
Monthly Sales
72
Average per month
Market Turnover
15%
Properties sold annually

Local Market Trend (LE12)

Area prices are rising by +4.3% over the last 12 months
3 year growth: 2.6%
5 year growth: 20.7%
Investment Disclaimer: Analysis based on LE12 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

Far Lane, Normanton On Soar, Loughborough
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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
£2,015
Based on a loan of £412,500 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