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Sketchley Lane, Burbage, LE10

East Midlands

£650,000
Listed on 03/04/2026

Property Details

Bedrooms
5
Type
Detached
Area
2295 sqft

Description

This substantial five-bedroom detached residence is strategically located on the highly desirable Sketchley Lane in Burbage, offering significant potential for those looking to invest in a spacious family home. Set within approximately 0.25 acres, the property boasts an expansive front garden and ample scope for extensions or reconfigurations, pending necessary planning permissions. While the home has been adequately maintained, it is now in need of a thorough modernization effort to meet modern standards and preferences. The layout begins with a welcoming entrance hall that leads into flexible reception areas, providing a perfect foundation for contemporary open-plan living. The kitchen and bathroom spaces are functional but present an opportunity for complete renovation and expansion tailored to individual tastes. Upstairs, five generously sized bedrooms await; notably, the master suite holds potential for an en-suite addition or walk-in wardrobe. A valuable feature of this property is the large garage and workshop area, catering perfectly to those needing extra storage or workspace. The peaceful setting ensures tranquility while being conveniently close to reputable schools such as Sketchley Hill Primary and local amenities in Burbage village. Residents can also enjoy nearby leisure facilities at the Sketchley Grange Hotel and Spa, with excellent transport links via the A5 and M69 leading to Leicester, Coventry, and Birmingham. With no onward chain, this property represents a unique opportunity to acquire a spacious home ripe for transformation in one of Hinckley's premier locations. Early viewing is highly recommended to fully grasp the extent of modernization needed and the vast possibilities available.

Investment Analysis

(LE10 area)

Above Market Value

This property is priced +1.4% above area average per sq ft

+1.4%
This Property
£283/sq ft
Area Average
£279/sq ft
Avg Rent (weekly)
£222
Avg Yield
3.8%

Renovation Potential

Heavy Refurb
Est. Renovation Cost
£60,000 - £90,000
Target Value
£704,840
10% above area average per sq ft
Potential ROI
-4.8%
After renovation
Note: Renovation cost estimates are AI-generated based on property location and general characteristics, and may not reflect actual costs.
Monthly Sales
66
Average per month
Market Turnover
14%
Properties sold annually

Local Market Trend (LE10)

Area prices are stable by -1.6% over the last 12 months
3 year growth: +1.0%
5 year growth: +14.0%
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 Lane, Burbage, LE10
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Mortgage Calculator

£
£
£
%
%
years

Current average 2-year fixed rate is 3.91%

Current average variable rate is 6.62%

Monthly Repayments
£2,302
Based on a loan of £487,500 over 30 years at 3.91% 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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