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Tilton Lane, Billesdon, LE7

East Midlands

£500,000
Listed on 11/01/2026

Property Details

Bedrooms
3
Type
Detached house
Area
2425 sqft

Description

This detached cottage, set on a generous 0.32-acre plot, presents an exceptional opportunity for renovation enthusiasts or investors looking to create a bespoke countryside residence. Located on the tranquil Tilton Lane, just outside the vibrant village of Billesdon, this property offers significant potential for improvement or development (subject to planning permissions). Keepers Cottage boasts approximately 1,472 sq. ft. of living space that includes three spacious reception rooms—ideal for flexible living arrangements—and a kitchen/dining area conducive to both casual dining and entertaining. Upstairs, you will find three well-proportioned double bedrooms accompanied by a family bathroom. The exterior is equally appealing, featuring expansive wraparound gardens that provide a secluded haven with mature landscaping, as well as private gated parking spaces. Several outbuildings and stables add to the allure; they provide an excellent canvas for conversion into workspaces or additional living quarters. Although requiring modernization throughout, this property offers a blank slate ripe for transformation and personalization. Ideal for both builders seeking their next project and individuals envisioning their dream home in a rural setting, Keepers Cottage stands as a promising investment opportunity with plenty of scope to enhance its value.

Investment Analysis

(LE7 area)

Below Market Value

This property is priced -33.3% below area average per sq ft

-33.3%
Potential saving
This Property
£206/sq ft
Area Average
£309/sq ft
Avg Rent (weekly)
£245
Avg Yield
3.3%

Renovation Potential

Heavy Refurb
Est. Renovation Cost
£60,000 - £90,000
Target Value
£824,791
10% above area average per sq ft
Potential ROI
+39.8%
After renovation
Note: Renovation cost estimates are AI-generated based on property location and general characteristics, and may not reflect actual costs.
Monthly Sales
63
Average per month
Market Turnover
40%
Properties sold annually

Local Market Trend (LE7)

Area prices are stable by +1.1% over the last 12 months
3 year growth: 4.5%
5 year growth: 13.8%
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

Tilton Lane, Billesdon, LE7
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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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YOUR HOME MAY BE REPOSSESSED IF YOU DO NOT KEEP UP REPAYMENTS ON YOUR MORTGAGE