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The Nook Farm, The Nook, Great Glen, Leicester, Leicestershire, LE8 9GQ - Image 1
The Nook Farm, The Nook, Great Glen, Leicester, Leicestershire, LE8 9GQ - Image 2
The Nook Farm, The Nook, Great Glen, Leicester, Leicestershire, LE8 9GQ - Image 3
The Nook Farm, The Nook, Great Glen, Leicester, Leicestershire, LE8 9GQ - Image 4
The Nook Farm, The Nook, Great Glen, Leicester, Leicestershire, LE8 9GQ - Image 5

The Nook Farm, The Nook, Great Glen, Leicester, Leicestershire, LE8 9GQ

East Midlands

£450,000
Listed on 31/10/2025

Property Details

Bedrooms
N/A
Type
Detached house

Description

This expansive 1.33-acre parcel of land is located in the village of Great Glen, providing a unique opportunity for developers and investors looking to capitalize on its potential. Accessed directly from The Nook Road, the property is bordered to the south by Burton Brook, adding a natural feature that enhances its appeal. Historically, planning permission was granted by Harborough District Council in June 2009 for the demolition of two existing dwellings and associated outbuildings to construct two new detached homes. Although this permission was never acted upon, it establishes a precedent for development that could be revisited. Recently, informal pre-planning advice indicated potential for constructing four additional dwellings; however, concerns regarding flood risk were noted. Prospective buyers are encouraged to conduct their own research with the local planning authority to fully understand the development possibilities and any constraints. The property is offered as freehold with vacant possession, allowing for immediate engagement in any renovation or redevelopment plans. Strategically situated about 4 miles from Kibworth Village, 6 miles from Leicester City Centre, and just 9 miles from the M1 motorway, this location benefits from excellent transport links while maintaining a serene village atmosphere—an essential consideration for any residential projects aimed at attracting buyers looking for a balance between accessibility and tranquility.

Investment Analysis

(LE8 area)
Area Average
£302/sq ft
Avg Rent (weekly)
£254
Avg Yield
3.9%

Renovation Potential

Heavy Refurb
Est. Renovation Cost
£400,000 - £600,000
Note: Renovation cost estimates are AI-generated based on property location and general characteristics, and may not reflect actual costs.
Monthly Sales
43
Average per month
Market Turnover
15%
Properties sold annually

Local Market Trend (LE8)

Area prices are rising by +3.8% over the last 12 months
3 year growth: -0.1%
5 year growth: 15.3%
Investment Disclaimer: Analysis based on LE8 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 Nook Farm, The Nook, Great Glen, Leicester, Leicestershire, LE8 9GQ
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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
£1,648
Based on a loan of £337,500 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