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Conway Drive, Shepshed

East Midlands

£210,000
Listed on 17/01/2026

Property Details

Bedrooms
3
Type
Detached house
Area
994 sqft

Description

This spacious and versatile two/three-bedroom detached chalet-style home offers a fantastic opportunity for those looking to invest in a property with significant renovation potential. Nestled in a tranquil area of the East Midlands, this residence is conveniently located just a short drive from major transport links, local amenities, and schools, making it suitable for both families and downsizers alike. The property requires cosmetic updates throughout, allowing you to tailor the home to your taste. There’s also potential for extension (subject to planning permission), significantly enhancing value. Internally, the layout includes an entrance hall leading to a lounge, dining area, kitchen, and a second reception room that can function as an additional bedroom. Upstairs features two double bedrooms along with essential bathroom and separate WC facilities. The exterior boasts a front garden, ample driveway parking, a garage, and a generous rear garden—a canvas ready for landscaping or further development.

Investment Analysis

(LE12 area)

Below Market Value

This property is priced -28.7% below area average per sq ft

-28.7%
Potential saving
This Property
£211/sq ft
Area Average
£296/sq ft
Avg Rent (weekly)
£231
Avg Yield
3.7%

Renovation Potential

Medium Refurb
Est. Renovation Cost
£15,000 - £25,000
Target Value
£323,865
10% above area average per sq ft
Potential ROI
+37.8%
After renovation
Note: Renovation cost estimates are AI-generated based on property location and general characteristics, and may not reflect actual costs.
Monthly Sales
75
Average per month
Market Turnover
29%
Properties sold annually

Local Market Trend (LE12)

Area prices are rising by +5.0% over the last 12 months
3 year growth: 2.9%
5 year growth: 19.2%
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

Conway Drive, Shepshed
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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
£769
Based on a loan of £157,500 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.

Next Steps

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