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Cloud Lea, Mountsorrel

East Midlands

£190,000

Listed on 12/06/2026

Property Details

Bedrooms
2
Type
Bungalow
Area
507 sqft

Description

Nestled within the well-equipped village of Mountsorrel, this bungalow presents a prime opportunity for renovation and investment. The village is home to an array of amenities including sought-after pubs, restaurants, shops, and fitness facilities, alongside easy access to Loughborough and Leicester via the M1. As a bonus, the area boasts local attractions such as Rothley Park Golf Club and Leicestershire's only Michelin Star restaurant. Stepping inside, you are greeted by a bright living room featuring a bay window that allows ample natural light to pour in. The cozy space includes a gas fire with surround, perfect for those looking to create an inviting atmosphere. Adjoining the living room is a kitchen equipped with basic white cabinetry and laminate flooring; this area holds significant potential for modernization and could be transformed into a stylish culinary hub. The layout consists of two spacious double bedrooms – ideal for accommodating family or guests – along with a family bathroom that currently features dated fixtures but is ripe for updating to meet contemporary standards. Outside, the property sits on a generous plot with a neat front garden and convenient off-road parking. A side pathway leads you to the rear garden, which offers considerable scope for landscaping or even extending the living space (subject to necessary permissions). With its lovely open view and large lawn area bordered by mature plants, this backyard invites creativity for those who envision outdoor entertaining or relaxation. This property not only offers comfortable living but also superb potential for enhancement in both internal spaces and outdoor venues. All mains services are connected, paving the way for an easy transition into your envisioned renovations.

Investment Analysis

(LE12 area)

Above Market Value

This property is priced +24.6% above area average per sq ft

+24.6%
This Property
£375/sq ft
Area Average
£301/sq ft
Avg Rent (weekly)
£230
Avg Yield
3.7%

Renovation Potential

Medium Refurb
Est. Renovation Cost
£20,000 - £35,000
Target Value
£167,700
10% above area average per sq ft
Potential ROI
-25.5%
After renovation
Note: Renovation cost estimates are AI-generated based on property location and general characteristics, and may not reflect actual costs.
Monthly Sales
83
Average per month
Market Turnover
12%
Properties sold annually

Local Market Trend (LE12)

Area prices are stable by +0.2% over the last 12 months
3 year growth: -0.2%
5 year growth: +14.8%
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

Cloud Lea, Mountsorrel
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Mortgage Calculator

£
£
£
%
%
years

Current average 2-year fixed rate is 4.45%

Current average variable rate is 6.60%

Monthly Repayments
£718
Based on a loan of £142,500 over 30 years at 4.45% 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.

Stamp Duty Calculator

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