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Spring Close, Shepshed, Loughborough

East Midlands

£295,000
Listed on 30/12/2025

Property Details

Bedrooms
3
Type
Detached house
Area
882 sqft

Description

This three-bedroom detached property in Shepshed represents a notable investment opportunity, ideal for those looking to capitalize on its current condition and renovation potential. The home has undergone significant cosmetic upgrades, including a modern kitchen equipped with contemporary cabinetry, quartz worktops, and integrated appliances. The open-plan kitchen diner connects seamlessly to the living room, where a log-burning stove provides both warmth and character. A lean-to corridor connects the front and rear gardens, enhancing accessibility. The exterior features a driveway leading to a single garage with dual access points, and the enclosed rear garden is bordered by recently upgraded composite fencing for added privacy. Inside, the layout consists of three well-proportioned double bedrooms and a family bathroom that is functional yet could benefit from further modernization. Notably, the loft space is fully boarded, presenting an excellent opportunity for conversion into additional living space—subject to planning permissions. While the property is presented in good condition due to recent enhancements like new flooring and internal doors, prospective buyers may identify areas for further improvement or personal customization throughout the home. This property not only meets immediate living needs but also offers avenues for future development and investment growth in this desirable East Midlands location.

Investment Analysis

(LE12 area)

Above Market Value

This property is priced +12.9% above area average per sq ft

+12.9%
This Property
£334/sq ft
Area Average
£296/sq ft
Avg Rent (weekly)
£234
Avg Yield
3.9%

Renovation Potential

Medium Refurb
Est. Renovation Cost
£20,000 - £35,000
Target Value
£287,470
10% above area average per sq ft
Potential ROI
-12.9%
After renovation
Note: Renovation cost estimates are AI-generated based on property location and general characteristics, and may not reflect actual costs.
Monthly Sales
72
Average per month
Market Turnover
15%
Properties sold annually

Local Market Trend (LE12)

Area prices are rising by +4.3% over the last 12 months
3 year growth: 2.6%
5 year growth: 20.7%
Investment Disclaimer: Analysis based on LE12 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

Spring Close, Shepshed, Loughborough
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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
£1,081
Based on a loan of £221,250 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