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Leicester Road, Markfield, LE67

East Midlands

£375,000
Listed on 11/04/2026

Property Details

Bedrooms
3
Type
Detached
Area
1371 sqft

Description

Located in the desirable village of Markfield, this three-bedroom detached residence exudes character while offering substantial potential for renovation and development. The property greets you with a large hallway showcasing original 1920s chequered tiles and an elegant solid oak staircase, setting a charming tone that resonates throughout the home. The ground floor features a spacious living room adorned with a bay window that invites natural light, alongside original tiled accents. This inviting space connects seamlessly to a conservatory, accessible via both the living room and the fitted kitchen, creating versatility for entertaining or relaxing. Upstairs, you'll find three well-sized bedrooms. The master bedroom boasts original floorboards and built-in wardrobes, with views over the rear garden through its double-glazed window. Bedrooms two and three provide comfortable accommodation options — the latter serving as an excellent single room or potential home office. The family bathroom is equipped with a shower over bath setup. Externally, the property boasts an expansive rear garden that benefits from plenty of sunlight, complete with a patio area ideal for gatherings. The front offers ample off-road parking for several vehicles. A notable highlight is the previously approved planning permission for a two-storey side extension, with groundwork already established — an excellent opportunity for further development. Additionally, there is a garage attached to the house and an outbuilding currently functioning as a studio, perfect for various uses such as home office or gym. Markfield presents a harmonious blend of rural charm and urban convenience. Surrounded by beautiful landscapes like Charnwood Forest yet just 20 minutes from Leicester city centre, it’s perfect for those who appreciate both outdoor activities and easy access to amenities. With strong transport links including major roadways and nearby train stations connecting to larger cities like London and Birmingham, this home is ideally situated for modern living within a friendly community.

Investment Analysis

(LE67 area)

Above Market Value

This property is priced +6.0% above area average per sq ft

+6.0%
This Property
£274/sq ft
Area Average
£258/sq ft
Avg Rent (weekly)
£206
Avg Yield
3.7%

Renovation Potential

Medium Refurb
Est. Renovation Cost
£25,000 - £40,000
Target Value
£389,165
10% above area average per sq ft
Potential ROI
-6.2%
After renovation
Note: Renovation cost estimates are AI-generated based on property location and general characteristics, and may not reflect actual costs.
Monthly Sales
69
Average per month
Market Turnover
16%
Properties sold annually

Local Market Trend (LE67)

Area prices are falling by -2.9% over the last 12 months
3 year growth: -3.6%
5 year growth: +14.8%
Investment Disclaimer: Analysis based on LE67 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

Leicester Road, Markfield, LE67
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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
£1,328
Based on a loan of £281,250 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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