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Eastgate, Hallaton, LE16

East Midlands

£500,000
Listed on 13/01/2026

Property Details

Bedrooms
4
Type
Detached house
Area
1262 sqft

Description

This distinctive four-bedroom detached house, built in the 1970s, is situated in the desirable village of Hallaton in south-east Leicestershire. The property requires substantial modernisation, offering a unique opportunity for investors and renovators to transform it into a contemporary family home. Set on a generous plot, there is ample potential for extension, subject to securing the appropriate planning permissions. Internally, the home features a spacious entrance hallway leading to a guest cloakroom/wc. The ground floor boasts an L-shaped dual-aspect living room alongside a formal dining room and a breakfast kitchen that awaits updating. The first floor consists of four bedrooms, complemented by a family bathroom and an additional wc. Outside, the property includes a driveway with a five-bar gate leading to a double garage, while the gardens provide privacy with mature hedging and well-maintained lawn areas.

Investment Analysis

(LE16 area)

Above Market Value

This property is priced +19.8% above area average per sq ft

+19.8%
This Property
£396/sq ft
Area Average
£331/sq ft
Avg Rent (weekly)
£268
Avg Yield
3.6%

Renovation Potential

Heavy Refurb
Est. Renovation Cost
£40,000 - £60,000
Target Value
£458,939
10% above area average per sq ft
Potential ROI
-18.0%
After renovation
Note: Renovation cost estimates are AI-generated based on property location and general characteristics, and may not reflect actual costs.
Monthly Sales
38
Average per month
Market Turnover
30%
Properties sold annually

Local Market Trend (LE16)

Area prices are falling by +5.0% over the last 12 months
3 year growth: -4.1%
5 year growth: 6.2%
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

Eastgate, Hallaton, LE16
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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
£1,832
Based on a loan of £375,000 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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