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24 Cross Lane, Mountsorrel, Loughborough, Leicestershire LE12 7BY - Image 1
24 Cross Lane, Mountsorrel, Loughborough, Leicestershire LE12 7BY - Image 2
24 Cross Lane, Mountsorrel, Loughborough, Leicestershire LE12 7BY - Image 3
24 Cross Lane, Mountsorrel, Loughborough, Leicestershire LE12 7BY - Image 4
24 Cross Lane, Mountsorrel, Loughborough, Leicestershire LE12 7BY - Image 5
24 Cross Lane, Mountsorrel, Loughborough, Leicestershire LE12 7BY - Image 6
24 Cross Lane, Mountsorrel, Loughborough, Leicestershire LE12 7BY - Image 7
24 Cross Lane, Mountsorrel, Loughborough, Leicestershire LE12 7BY - Image 8
24 Cross Lane, Mountsorrel, Loughborough, Leicestershire LE12 7BY - Image 9
24 Cross Lane, Mountsorrel, Loughborough, Leicestershire LE12 7BY - Image 10
24 Cross Lane, Mountsorrel, Loughborough, Leicestershire LE12 7BY - Image 11

24 Cross Lane, Mountsorrel, Loughborough, Leicestershire LE12 7BY

East Midlands

£275,000
Listed on 29/01/2026

Property Details

Bedrooms
4
Type
Detached house

Description

This extended four-bedroom detached home presents a significant opportunity for those looking to invest in a renovation project. Situated on an expansive plot, the property boasts two double garages and ample driveway space, enhancing its potential for further development, pending planning permissions. While the interior offers generous living space across two floors, it is currently in need of comprehensive modernization to unlock its full potential. Located in the desirable village of Mountsorrel, this home benefits from convenient access to local amenities and transport links to Leicester and Loughborough. The varied room sizes—including a spacious lounge/dining area and a sizable garden room—provide a solid foundation for transformation into a modern family residence. This property is ideal for buyers with vision, ready to take on a substantial refurbishment project that could significantly increase its value.

Investment Analysis

(LE12 area)
Area Average
£297/sq ft
Avg Rent (weekly)
£246
Avg Yield
3.9%

Renovation Potential

Heavy Refurb
Est. Renovation Cost
£60,000 - £90,000
Note: Renovation cost estimates are AI-generated based on property location and general characteristics, and may not reflect actual costs.
Monthly Sales
75
Average per month
Market Turnover
34%
Properties sold annually

Local Market Trend (LE12)

Area prices are rising by +4.1% over the last 12 months
3 year growth: +2.2%
5 year growth: +18.2%
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

24 Cross Lane, Mountsorrel, Loughborough, Leicestershire LE12 7BY
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Mortgage Calculator

£
£
£
%
%
years

Current average 2-year fixed rate is 4.06%

Current average variable rate is 6.81%

Monthly Repayments
£992
Based on a loan of £206,250 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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