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Burns Street, Narborough, Leicester, LE19 - Image 1
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Burns Street, Narborough, Leicester, LE19 - Image 3
Burns Street, Narborough, Leicester, LE19 - Image 4
Burns Street, Narborough, Leicester, LE19 - Image 5
Burns Street, Narborough, Leicester, LE19 - Image 6
Burns Street, Narborough, Leicester, LE19 - Image 7

Burns Street, Narborough, Leicester, LE19

East Midlands

£145,000
Listed on 30/09/2025

Property Details

Bedrooms
N/A
Type
Detached house

Description

This is a promising opportunity to acquire a building plot with approved planning permission for a detached 4-bedroom house, set to encompass approximately 1,885 sq ft of living space. The site spans 0.11 acres (453 sq m) and comes with off-road parking facilities and a private garden. Located in the desirable suburban village of Narborough in Blaby, Leicestershire, this plot is well-connected by public transport, providing direct train access to Leicester and Nuneaton, along with easy access to major roadways such as the M1 and M69. The planned development features two storeys with spacious accommodation including a hall, living room, kitchen dining area, utility room, snug on the ground floor, and four bedrooms on the first floor, one of which includes an en-suite bathroom. Currently, there is an existing garage on the site that will require demolition as part of the development process. With local amenities including gyms, schools, pubs, and restaurants located nearby, this plot presents an excellent investment potential for those looking to build a family home in a well-connected area. Moreover, full planning permission granted by Blaby District Council mandates commencement within three years which adds urgency to the project for prospective builders and investors alike. The provision for three car parking spaces has also been thoughtfully designed into the layout. Engaging with local services regarding utilities such as water and gas will be necessary once ownership is established.

Investment Analysis

(LE19 area)
Area Average
£302/sq ft

Renovation Potential

Medium Refurb
Est. Renovation Cost
£80,000 - £120,000
Note: Renovation cost estimates are AI-generated based on property location and general characteristics, and may not reflect actual costs.
Monthly Sales
19
Average per month
Market Turnover
55%
Properties sold annually

Local Market Trend (LE19)

Area prices are rising by +2.6% over the last 12 months
3 year growth: 2.9%
5 year growth: 16.9%
Investment Disclaimer: Analysis based on LE19 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

Burns Street, Narborough, Leicester, LE19
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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
£531
Based on a loan of £108,750 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