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School Lane, Gaulby, LE7

East Midlands

£325,000
Listed on 11/03/2026

Property Details

Bedrooms
2
Type
Detached house
Area
1083 sqft

Description

Nestled in a tranquil village setting, this two-bedroom property offers an appealing combination of rural charm and modern living potential. The home boasts scenic views over open fields from the rear, creating a serene backdrop for everyday life. Upon entering, you'll find a central hallway that leads to a spacious sitting room, perfect for relaxation and family gatherings. Adjacent to this space is a bright conservatory, a standout feature of the home that invites natural light and offers picturesque views of the garden and surrounding countryside—ideal for morning coffee or entertaining. The separate kitchen provides practicality but could benefit from updates to enhance functionality. The comfortable bedrooms include a generous main suite, alongside a family bathroom and additional storage options. A utility room presents an opportunity for reconfiguration; merging this space with the kitchen could create an expansive open-plan area tailored for contemporary living, pending necessary permissions. Externally, the rear garden extends into open fields, providing privacy and potential for outdoor enjoyment or gardening pursuits. The property includes a garage and side access for added convenience. Notably, there is significant scope to extend or remodel the house to better fit modern requirements, subject to planning approvals. Set in the picturesque village of Gaulby within Leicestershire's rolling countryside, this home benefits from a close-knit community while remaining accessible to nearby towns and transport links. Residents can enjoy local amenities as well as renowned educational facilities in the vicinity. Overall, this property represents an excellent investment opportunity for those looking for renovation prospects in an idyllic setting.

Investment Analysis

(LE7 area)

Below Market Value

This property is priced -3.7% below area average per sq ft

-3.7%
Potential saving
This Property
£300/sq ft
Area Average
£312/sq ft
Avg Rent (weekly)
£256
Avg Yield
3.5%

Renovation Potential

Medium Refurb
Est. Renovation Cost
£30,000 - £50,000
Target Value
£371,269
10% above area average per sq ft
Potential ROI
-1.0%
After renovation
Note: Renovation cost estimates are AI-generated based on property location and general characteristics, and may not reflect actual costs.
Monthly Sales
55
Average per month
Market Turnover
14%
Properties sold annually

Local Market Trend (LE7)

Area prices are stable by -1.2% over the last 12 months
3 year growth: +3.3%
5 year growth: +12.6%
Investment Disclaimer: Analysis based on LE7 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

School Lane, Gaulby, LE7
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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
£1,172
Based on a loan of £243,750 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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