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St Michael's Walk, Illston on the Hill, LE7 - Image 1
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St Michael's Walk, Illston on the Hill, LE7

East Midlands

£625,000
Listed on 04/02/2026

Property Details

Bedrooms
3
Type
Detached house
Area
1834 sqft

Description

Nestled in a tranquil lane in the charming village of Illston on the Hill, this three-bedroom detached home offers significant potential for enhancement and investment. Having been cherished by the same family since its construction in the 1960s, the property occupies an ample plot of approximately 0.16 acres with inviting views of St Michael’s Church and surrounding countryside. While currently comfortable, the house is ready for modernisation, allowing new owners the opportunity to update and personalise it to suit their lifestyle. The layout includes a welcoming entrance porch leading to a spacious hallway. The dual-aspect lounge boasts scenic views and features an open fireplace that creates a warm focal point. A large dining kitchen fitted with handcrafted units sits at the rear, complemented by a practical utility room with access to a double garage and a convenient ground-floor WC. Upstairs are three well-sized bedrooms, including a principal bedroom with built-in wardrobes, all serviced by a family bathroom. Externally, enjoy a generous lawned front garden with ample driveway space leading to the garage, while the expansive rear garden provides various landscaping possibilities and includes mature fruit trees as well as remnants of a vegetable garden. This property not only has great charm but also offers excellent scope for expansion—subject to planning—and transforming it into a contemporary family home in this highly desirable area close to Market Harborough's amenities and transport links.

Investment Analysis

(LE7 area)

Above Market Value

This property is priced +9.3% above area average per sq ft

+9.3%
This Property
£341/sq ft
Area Average
£312/sq ft
Avg Rent (weekly)
£246
Avg Yield
3.3%

Renovation Potential

Medium Refurb
Est. Renovation Cost
£25,000 - £40,000
Target Value
£628,824
10% above area average per sq ft
Potential ROI
-5.4%
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
45%
Properties sold annually

Local Market Trend (LE7)

Area prices are stable by +0.9% over the last 12 months
3 year growth: 3.9%
5 year growth: 14.1%
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

St Michael's Walk, Illston on the Hill, LE7
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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
£2,254
Based on a loan of £468,750 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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