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Forest Road, Woodhouse, LE12

East Midlands

£525,000
Listed on 10/02/2026

Property Details

Bedrooms
3
Type
Detached house
Area
1464 sqft

Description

Nestled in the charming village of Old Woodhouse, this Grade II Listed detached granite-built cottage stands as a unique opportunity for those seeking to invest in a property rich with character and potential. The exterior boasts traditional features such as a Wisteria-covered façade and original leaded windows, all topped with a classic Swithland slate roof, offering a perfect starting point for restoration work. Inside, the cottage reveals a surprisingly spacious layout that invites creative transformation. The dining hall, complete with exposed beams and an original brick fireplace, sets the stage for its historical charm, while the garden room with its exposed granite walls presents an ideal space to let natural light flow throughout. The beamed sitting room adds to the allure, although it currently includes a gas fire that is not in use. A functional kitchen accommodates further modernization and opens to practical utility areas including a boot room and cloakroom WC. Upstairs are three well-sized bedrooms served by a bathroom needing updating. Outside, an expansive garden features mature vegetation—including an impressive apple tree—providing both privacy and enhancement opportunities for outdoor living. Additionally, the sizable garage/workshop presents exciting conversion possibilities into studios or accommodation (subject to permissions), making this property not only appealing but also strategically advantageous for future value appreciation in today’s market.

Investment Analysis

(LE12 area)

Above Market Value

This property is priced +20.8% above area average per sq ft

+20.8%
This Property
£359/sq ft
Area Average
£297/sq ft
Avg Rent (weekly)
£246
Avg Yield
3.9%

Renovation Potential

Medium Refurb
Est. Renovation Cost
£25,000 - £50,000
Target Value
£478,128
10% above area average per sq ft
Potential ROI
-16.8%
After renovation
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

Forest Road, Woodhouse, LE12
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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
£1,893
Based on a loan of £393,750 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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