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Main Street, Rempstone, LE12

East Midlands

£300,000
Listed on 12/02/2026

Property Details

Bedrooms
2
Type
Detached house

Description

This two-bedroom detached bungalow presents a promising opportunity for renovation and investment in the desirable village of Rempstone. The property features an entrance hall leading to a kitchen, living room, bathroom, and two generously sized double bedrooms. A notable aspect is the presence of both front and side gardens, providing potential for landscaping or expansion. The living room benefits from a fireplace with brick surround, suggesting a cozy focal point for enhancement. While the internal spaces are functional, they could benefit from modern updates to align with contemporary tastes. The garden area is enclosed and features mature trees and shrubs, offering privacy and potential for outdoor improvement. This property is being sold with no upward chain, allowing for a straightforward transaction. It's also important to note that probate has been applied for, which may affect the timeline of purchase. Investors looking to create value through refurbishment will find this bungalow presents a canvas worth exploring.

Investment Analysis

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

Renovation Potential

Medium Refurb
Est. Renovation Cost
£15,000 - £25,000
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

Main Street, Rempstone, 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
£1,082
Based on a loan of £225,000 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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