Forest Road, Woodhouse, LE12
East Midlands
£499,950
Listed on 19/09/2026
Listed on 19/09/2026
The listing
Property details
Bedrooms
3Type
DetachedArea
1464 sqftFeatures
- Garage
- Garden
- Parking
Description
This Grade II listed detached granite cottage is set in Old Woodhouse and offers three bedrooms, a substantial rear garden and a separate granite-built garage or workshop. The property retains period details including exposed beams, leaded windows, an original brick fireplace and a Swithland slate roof. It is also within a conservation area, so any proposed changes would need to be considered in that context.
WHOTS analysis
Our WHOTS verdict
An internal assessment of the opportunity to acquire, improve and create value.
41out of 100
Grade ELow opportunity
Confidence: MEDIUM
This Grade II Listed granite cottage has plenty of character to work with: exposed beams, brickwork and a fireplace, plus a large mature garden and a separate granite garage/workshop. The interiors are usable but dated, making this a medium-scale project with scope to refresh the finishes and rethink the kitchen and bathroom; the ceiling mark above the bath also merits investigation. Any plans for the garage would need permissions and feasibility checked, particularly given the listing and conservation status.
The value is the main constraint. At £499,950, the asking price is above the local £/sqf benchmark, and the purchase price alongside a mid-to-substantial programme of works leaves the overall outlay stretched against local benchmarks for this floor area. That comparison is with current local values, not a forecast of what the cottage might be worth after renovation.
Key opportunities
- Refresh the dated interiors while retaining and highlighting the exposed beams, granite and brickwork.
- The established, spacious garden offers scope to improve the paved areas and planting edges.
- Explore the granite garage/workshop as a potential studio or other use, subject to permissions and feasibility.
Key risks
- The bathroom ceiling mark needs investigation to establish its cause and any required repair.
- At this asking price, the purchase and a substantial programme of improvements leave limited headroom against local benchmarks for a home of this size.
- Budget carefully — economics look thin once the asking price and a mid-to-substantial refurb are combined, leaving a gap of around 20% versus area norms for this sqft. Finished value after works is not modelled here.
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Transport
Nearest stations
Barrow upon Soar Rail Station
2.6 miles
Train · Barrow-upon-Soar
Loughborough (Leics) Rail Station
3.1 miles
Train · Loughborough
Sileby Rail Station
3.8 miles
Train · Sileby
Syston Rail Station
5.7 miles
Train · Syston
Contains public sector information from NaPTAN (DfT) licensed under the Open Government Licence v3.0.
Finance
Mortgage calculator
Illustrative repayments based on the asking price, not a mortgage offer.
£
£
£
%
%
years
Current average 2-year fixed rate is 4.45%
Current average variable rate is 6.60%
Monthly Repayments
£1,889
Based on a loan of £374,962 over 30 years at 4.45% 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.
Tax
Stamp duty calculator
Indicative tax based on the asking price and the options you select.
Pricing
Price history
-4.8% since listed
£499,950£25,050(-4.8%)
04/03/2026£525,000Initial listing
10/02/2026Services
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