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Laud Close, Ibstock, LE67

East Midlands

£220,000
Listed on 15/10/2025

Property Details

Bedrooms
2
Type
Detached house

Description

Nestled in a quiet cul-de-sac in Ibstock, this spacious two-bedroom detached bungalow presents a significant opportunity for renovation and investment. With ample off-road parking and a garage, the property is well-situated on a generous plot that allows for potential expansion, subject to planning approval. Inside, the bungalow features a bright and airy living room with a tiled fire surround, providing both comfort and charm. The well-designed shaker-style kitchen offers practical functionality with its matching base and eye-level units, as well as direct access to the rear garden. Two good-sized bedrooms are complemented by built-in wardrobes in the main bedroom, maximizing storage efficiency. The property includes a shower room equipped with modern fixtures, alongside a separate WC for added convenience. Natural light fills the interiors through UPVC double-glazed windows, enhancing the overall atmosphere of the home. Outside, the low-maintenance garden is framed by timber fencing and offers side access through a gate. The driveway leads to the garage equipped with power and lighting—ideal for those seeking additional storage or workspace. The wide plot allows plenty of room for parking vehicles such as motorhomes or caravans. Located within easy reach of local shops, schools, and scenic countryside walks, this bungalow not only provides comfortable living but also holds considerable potential for those looking to invest or renovate into their ideal home. With strong mobile signal strengths from various providers and access to reliable broadband options, it caters well to modern needs while offering ample scope for enhancement.

Investment Analysis

(LE67 area)
Area Average
£259/sq ft
Avg Rent (weekly)
£226
Avg Yield
4.1%

Renovation Potential

Light Refurb
Est. Renovation Cost
£5,000 - £12,000
Note: Renovation cost estimates are AI-generated based on property location and general characteristics, and may not reflect actual costs.
Monthly Sales
74
Average per month
Market Turnover
18%
Properties sold annually

Local Market Trend (LE67)

Area prices are stable by +1.2% over the last 12 months
3 year growth: 0.6%
5 year growth: 22.4%
Investment Disclaimer: Analysis based on LE67 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

Laud Close, Ibstock, LE67
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Mortgage Calculator

£
£
£
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%
years

Current average 2-year fixed rate is 4.19%

Current average variable rate is 6.78%

Monthly Repayments
£806
Based on a loan of £165,000 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