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Homefield Lane, Rothley

East Midlands

£475,000
Listed on 31/10/2025

Property Details

Bedrooms
3
Type
Detached house
Area
1440 sqft

Description

Set in a tranquil lane surrounded by greenery, this spacious detached bungalow presents a compelling opportunity for those interested in renovation and investment. The property is characterized by its generous garden space, featuring both a well-maintained front garden and an expansive, private rear garden that offers potential for landscaping or outdoor enhancements. Inside, the accommodation features gas central heating and double glazing throughout, providing a solid foundation for modernization. The sizable entrance hall leads to a large living room that boasts both a feature fireplace and sliding patio doors that connect to the backyard, allowing natural light to fill the space. The dining kitchen is equipped with ample storage options through wall-mounted and base units, alongside direct access to the rear garden. This bungalow includes three bedrooms, with one benefiting from dual aspect windows that could also serve as an adaptable dining area if desired. The bathroom contains a traditional three-piece suite and offers opportunities for updating to contemporary standards. An integral double garage adds to the practicality of the home, featuring additional workspace with a sink unit and side window. The property is located in Rothley Village, an appealing area known for its blend of local amenities such as shops, pubs, and restaurants. Residents benefit from proximity to Rothley Golf Course and the scenic Great Central Railway Heritage line. Furthermore, convenient transport links offer easy access to Loughborough, Leicester, and major roadways including the A6/M1/M69 and A46. Nearby countryside walks at Bradgate Park enhance its charm. This bungalow represents not just a residence but also an investment opportunity due to its potential for refurbishment in a highly desirable location. No upward chain adds further appeal for prospective buyers looking to make their mark on this property while enjoying all that Rothley Village has to offer.

Investment Analysis

(LE7 area)

Above Market Value

This property is priced +6.3% above area average per sq ft

+6.3%
This Property
£330/sq ft
Area Average
£310/sq ft
Avg Rent (weekly)
£248
Avg Yield
3.3%

Renovation Potential

Medium Refurb
Est. Renovation Cost
£25,000 - £40,000
Target Value
£491,594
10% above area average per sq ft
Potential ROI
-4.5%
After renovation
Note: Renovation cost estimates are AI-generated based on property location and general characteristics, and may not reflect actual costs.
Monthly Sales
54
Average per month
Market Turnover
13%
Properties sold annually

Local Market Trend (LE7)

Area prices are falling by +2.2% over the last 12 months
3 year growth: 4.0%
5 year growth: 13.5%
Investment Disclaimer: Analysis based on LE7 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

Homefield Lane, Rothley
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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
£1,740
Based on a loan of £356,250 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