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Springfield Road, Shepshed, Loughborough

East Midlands

£310,000
Listed on 18/10/2025

Property Details

Bedrooms
3
Type
Detached house

Description

This spacious detached residence, featuring a charming bay front, has been home to the same family since its construction in the 1950s. While the property is in need of modernization, it presents an exciting opportunity for renovation and investment, especially given its generous garden space. Upon entering, you'll find an entrance porch that leads into a welcoming reception hall equipped with a cloaks cupboard. The living room boasts parquet flooring and a fireplace, while the adjacent dining room offers both character and potential with sliding doors that open directly onto the expansive garden. The kitchen includes essential features such as a pantry door and connects to a rear lobby that provides access to a convenient downstairs WC and utility area. The first floor consists of three well-sized bedrooms that are brightened by natural light from multiple uPVC double-glazed windows. A family bathroom completes this level, providing functionality while leaving room for updates according to modern tastes. The external aspects of this property are noteworthy, particularly the ample driveway leading to a detached garage, providing additional storage or workspace options. The main highlight is the sizeable rear garden; its mature landscaping promises privacy and tranquility, ideal for creating an outdoor retreat or potentially enhancing property value through landscaping renovations. With no upward chain involved, this property stands out not only for its potential as a comfortable family home but also as an excellent investment opportunity in a desirable location.

Investment Analysis

(LE12 area)
Area Average
£296/sq ft
Avg Rent (weekly)
£234
Avg Yield
3.9%

Renovation Potential

Medium Refurb
Est. Renovation Cost
£25,000 - £40,000
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

Springfield Road, Shepshed, 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
£1,136
Based on a loan of £232,500 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