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21 Lower Church Street, Ashby-de-la-Zouch

East Midlands

£350,000
Listed on 08/04/2026

Property Details

Bedrooms
N/A
Type
Terraced
Area
2934 sqft

Description

This Grade II Listed commercial property offers a distinctive opportunity for renovation and potential conversion into residential space, subject to planning permission. Nestled in the historic market town of Ashby-de-la-Zouch, the building was previously utilized as office space and retains numerous charming features. The ground floor features a welcoming entrance hallway leading to two offices, with an inner hallway that includes essential amenities such as a cloakroom. There is also a family room at the rear that previously had plans for conversion into a kitchen area amid fitted units and additional storage. On the first floor, three spacious rooms are available - one of which has served as a meeting room. There exists potential to transform these areas into livable spaces, including plans for a bedroom and an upgraded WC with shower facilities. The second floor comprises three more rooms primarily used for storage; however, they were originally intended for conversion into two bedrooms with an adjoining dressing room. Externally, the low-maintenance garden features steps leading up to a patio that provides pleasant views of nearby St Helen’s Church. The property benefits from its prime location within Ashby-de-la-Zouch, known for its rich heritage and modern amenities, making it a promising investment opportunity in an appealing community.

Investment Analysis

(LE65 area)

Below Market Value

This property is priced -60.1% below area average per sq ft

-60.1%
Potential saving
This Property
£119/sq ft
Area Average
£299/sq ft
Avg Rent (weekly)
£213
Avg Yield
3.2%

Renovation Potential

Medium Refurb
Est. Renovation Cost
£50,000 - £80,000
Target Value
£965,315
10% above area average per sq ft
Potential ROI
+124.5%
After renovation
Note: Renovation cost estimates are AI-generated based on property location and general characteristics, and may not reflect actual costs.
Monthly Sales
18
Average per month
Market Turnover
11%
Properties sold annually

Local Market Trend (LE65)

Area prices are falling by -8.5% over the last 12 months
3 year growth: -4.1%
5 year growth: +4.0%
Investment Disclaimer: Analysis based on LE65 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

21 Lower Church Street, Ashby-de-la-Zouch
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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
£1,240
Based on a loan of £262,500 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.

Stamp Duty Calculator

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