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New Street, Earl Shilton, LE9

East Midlands

£240,000
Listed on 08/02/2026

Property Details

Bedrooms
3
Type
Detached house
Area
1012 sqft

Description

Nestled in a sought-after area near the village centre, this versatile 2/3 bedroom bungalow presents an exciting opportunity for renovation and personalization. The generously sized plot includes a driveway accommodating multiple vehicles and leads to a single garage, enhancing convenience for residents. Currently configured with an entrance hallway, a spacious lounge, two double bedrooms, a bathroom, and both a kitchen and separate dining room (which could serve as an additional lounge), the layout offers ample scope for reimagining the internal space. The expansive rear garden not only provides outdoor enjoyment but also offers potential for extension or landscaping improvements. This property is well-connected with utilities including electricity, mains gas, water, and sewerage already in place. Interested buyers can explore how to best transform this bungalow into their ideal home.

Investment Analysis

(LE9 area)

Below Market Value

This property is priced -15.2% below area average per sq ft

-15.2%
Potential saving
This Property
£237/sq ft
Area Average
£280/sq ft
Avg Rent (weekly)
£227
Avg Yield
4.0%

Renovation Potential

Medium Refurb
Est. Renovation Cost
£25,000 - £40,000
Target Value
£311,306
10% above area average per sq ft
Potential ROI
+11.2%
After renovation
Note: Renovation cost estimates are AI-generated based on property location and general characteristics, and may not reflect actual costs.
Monthly Sales
54
Average per month
Market Turnover
34%
Properties sold annually

Local Market Trend (LE9)

Area prices are stable by +1.3% over the last 12 months
3 year growth: -0.2%
5 year growth: 14.8%
Investment Disclaimer: Analysis based on LE9 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

New Street, Earl Shilton, LE9
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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
£866
Based on a loan of £180,000 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.

Next Steps

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