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Great Lane, Frisby on the Wreake

East Midlands

£400,000
Listed on 17/01/2026

Property Details

Bedrooms
N/A
Type
Detached house

Description

This is a distinctive opportunity to secure a singular building plot in Frisby on the Wreake, offering approved planning permission for the construction of a four-bedroom detached residence. Spanning approximately 3310 sqft (307.6 sqm), the layout includes spacious living areas such as an open kitchen/dining/lounge arrangement, multiple en-suite bedrooms, and necessary utility spaces. The land itself extends over 0.616 acres, surrounded by mature hedging which provides both privacy and an appealing view of the village and Soar Valley. The elevated position of the plot allows for potential buyers to craft a substantial family home in a serene location, with only one neighbouring property on its northern boundary. With planning permissions already granted (25/00309/REM for reserved matters and 25/00308/DIS for discharge of conditions), this project allows you to step directly into development without lengthy approval processes. Frisby on the Wreake boasts an engaging community atmosphere, complemented by amenities like a local shop, public house, and recreational clubs. Its excellent transport links to Loughborough, Nottingham, Melton Mowbray, and access to major roadways ensure that while it provides a tranquil setting, it also remains conveniently connected. This makes it particularly attractive for families or individuals seeking residential investment opportunities in a charming East Midlands village.

Investment Analysis

(LE14 area)
Area Average
£289/sq ft
Avg Rent (weekly)
£309
Avg Yield
3.6%

Renovation Potential

Heavy Refurb
Est. Renovation Cost
£150,000 - £250,000
Note: Renovation cost estimates are AI-generated based on property location and general characteristics, and may not reflect actual costs.
Monthly Sales
16
Average per month
Market Turnover
44%
Properties sold annually

Local Market Trend (LE14)

Area prices are rising by +8.3% over the last 12 months
3 year growth: +1.7%
5 year growth: +3.8%
Investment Disclaimer: Analysis based on LE14 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

Great Lane, Frisby on the Wreake
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Mortgage Calculator

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£
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years

Current average 2-year fixed rate is 4.06%

Current average variable rate is 6.81%

Monthly Repayments
£1,443
Based on a loan of £300,000 over 30 years at 4.06% 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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