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The Manor House, Gumley

East Midlands

£1,500,000
Listed on 28/10/2025

Property Details

Bedrooms
4
Type
Detached house
Area
2890 sqft

Description

Nestled on the outskirts of the picturesque village of Gumley, this property presents a unique opportunity for renovation and investment. With four spacious bedrooms and a wealth of character, the farmhouse spans three levels, offering generous living spaces that can be transformed to reflect modern tastes while preserving original features. The ground floor includes multiple reception rooms— a sitting room, drawing room, and formal dining area— each with views over the surrounding gardens and village landscape. The traditional kitchen also boasts significant potential for updates. On the first floor, you’ll find four large double bedrooms along with a family bathroom. The additional attic rooms provide further possibilities for expansion, ideal for creating extra living space or a dedicated home office. The external area is equally promising, featuring various outbuildings such as a workshop, grain store, stables, and a garage. This not only enhances the potential for ancillary development but also ensures privacy and space within the village setting. Gumley itself is well-served by local amenities, including a church, village hall, and public house/restaurant. The nearby market town of Market Harborough offers essential services like banks and supermarkets, with access to mainline train services connecting to London St Pancras in under an hour. Additionally, the famous Foxton Locks on the Grand Union Canal are close by, providing recreational opportunities and scenic walks. The location benefits from excellent connectivity to surrounding towns including Leicester—just 12 miles away—and major road networks such as the M1 motorway. For families considering educational options, there are numerous reputable schools in the region at both primary and secondary levels. Importantly, planning permission has been granted for converting agricultural outbuildings into three residential dwellings (ref no. 25/00688/PDN), presenting an attractive avenue for developers or investors looking to enhance their portfolio in this desirable area. This property is more than just a home; it’s a canvas for creativity and investment in one of Leicestershire's charming villages.

Investment Analysis

(LE16 area)

Above Market Value

This property is priced +57.3% above area average per sq ft

+57.3%
This Property
£519/sq ft
Area Average
£330/sq ft
Avg Rent (weekly)
£261
Avg Yield
3.5%

Renovation Potential

Medium Refurb
Est. Renovation Cost
£50,000 - £100,000
Target Value
£1,049,229
10% above area average per sq ft
Potential ROI
-34.4%
After renovation
Note: Renovation cost estimates are AI-generated based on property location and general characteristics, and may not reflect actual costs.
Monthly Sales
39
Average per month
Market Turnover
12%
Properties sold annually

Local Market Trend (LE16)

Area prices are falling by +4.3% over the last 12 months
3 year growth: -3.2%
5 year growth: 6.7%
Investment Disclaimer: Analysis based on LE16 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

The Manor House, Gumley
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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
£5,495
Based on a loan of £1,125,000 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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