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Sketchley Manor Lane, Burbage, Hinckley

East Midlands

£475,000
Listed on 07/03/2026

Property Details

Bedrooms
3
Type
Detached house
Area
2029 sqft

Description

This three-bedroom detached residence, located on the sought-after Sketchley Manor Lane, presents an excellent opportunity for those looking to invest in a property with significant renovation potential. The welcoming entrance hall greets you with a clear view of the staircase, suggesting the spacious layout that unfolds beyond. The front lounge area is filled with natural light from dual windows, providing a comfortable living space that connects seamlessly to a dining area overlooking the expansive rear garden and a conservatory. The ground floor accommodates a fitted kitchen, a separate utility room, and a convenient downstairs WC, along with internal access to the garage and an additional side entrance.<br><br>Moving upstairs, you will find a well-sized landing leading to the generous master bedroom accompanied by two more double bedrooms and a sizeable family bathroom featuring both shower facilities and a bath. Outside, the property is complemented by a large driveway offering ample off-road parking. The expansive rear garden not only enhances outdoor living but also holds considerable prospects for extension or reconfiguration, subject to planning permissions. This home is ideal for families wanting to create their dream space or investors seeking value-adding opportunities in East Midlands.

Investment Analysis

(LE10 area)

Below Market Value

This property is priced -16.2% below area average per sq ft

-16.2%
Potential saving
This Property
£234/sq ft
Area Average
£279/sq ft
Avg Rent (weekly)
£231
Avg Yield
4.0%

Renovation Potential

Medium Refurb
Est. Renovation Cost
£25,000 - £45,000
Target Value
£623,258
10% above area average per sq ft
Potential ROI
+19.9%
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
38%
Properties sold annually

Local Market Trend (LE10)

Area prices are stable by -0.9% over the last 12 months
3 year growth: +1.0%
5 year growth: +14.6%
Investment Disclaimer: Analysis based on LE10 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

Sketchley Manor Lane, Burbage, Hinckley
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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
£1,713
Based on a loan of £356,250 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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