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Main Street, East Leake

East Midlands

£250,000

Listed on 28/04/2026

The listing

Property details

Bedrooms
N/A
Type
Plot
Area
3250 sqft

Features

  • Garage
  • Garden

Description

This is a prime opportunity to develop your dream residence in the desirable Rushcliffe village of East Leake. Situated behind Main Street, this private building plot features a driveway and south-facing gardens, providing an excellent foundation for a bespoke home. Planning permission is already secured for a contemporary house designed in the style of 'Grand Designs', which includes four double bedrooms, each with its own en-suite bathroom. The proposed layout encompasses approximately 3,250 square feet across two levels, complete with an attached double garage and a generous carport. Potential homeowners can customize internal configurations before construction begins. The design includes bright living spaces such as a spacious entrance hall leading into a sitting room and an expansive open-plan kitchen-family area, alongside additional features including a study, utility room, downstairs WC, and boiler room. The site benefits from mains drainage, water supply, and electricity connection. Its design is adaptable for modern energy solutions like solar panels and air-source heat pumps. Recently established shared access to the private driveway enhances convenience. There is also potential for the installation of electric gates at the property entrance. For those looking to simplify the building process, there is an option to engage with the selling construction firm for completing shell works and second fix tasks upon purchase.

WHOTS analysis

Our WHOTS verdict

An internal assessment of the opportunity to acquire, improve and create value.

56out of 100
Grade DWeak opportunity

Confidence: LOW

At £250,000, the plot is priced at about £77 per sq ft against a local average of £300, making the asking price a standout acquisition opportunity. The real appeal is the chance to create a substantial, bespoke home in a private East Leake setting, with detailed planning consent, south-facing gardens and mains services stated to be available.

This is a build project rather than an existing home to renovate, and the proposed elevations are artist’s impressions. Verify the consent, conditions, site requirements and delivery costs, and assess the build programme carefully; the overall WHOTS score remains weak because the project’s renovation economics are insufficiently evidenced.

Key opportunities

  • Acquire at a markedly low asking price per square foot compared with the local average.
  • Create a bespoke, approximately 3,250 sq ft home from the consented design, with scope to tweak the internal layout.
  • The listing states that mains drainage, water and electricity are available; the south-facing rear garden and private setting add appeal.

Key risks

  • A new build requires a substantial, carefully managed construction programme; verify site requirements, consent conditions and delivery costs before committing.
  • The proposed appearance is illustrated by an artist’s impression, not an existing completed dwelling, so the final result may differ.

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Map

Location

Main Street, East Leake
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Transport

Nearest stations

  • Loughborough (Leics) Rail Station

    3.7 miles

    Train · Loughborough

  • East Midlands Parkway Rail Station

    4.1 miles

    Train · Ratcliffe on Soar

  • Holy Trinity Tram Stop

    4.6 miles

    Tram · Clifton

  • Clifton South Tram Stop

    4.6 miles

    Tram · Clifton

Contains public sector information from NaPTAN (DfT) licensed under the Open Government Licence v3.0.

Finance

Mortgage calculator

Illustrative repayments based on the asking price, not a mortgage offer.

£
£
£
%
%
years

Current average 2-year fixed rate is 5.13%

Current average variable rate is 6.58%

Monthly Repayments
£1,021
Based on a loan of £187,500 over 30 years at 5.13% 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.

Tax

Stamp duty calculator

Indicative tax based on the asking price and the options you select.

This calculation uses non-residential (land/commercial) tax rates.

Pricing

Price history

-16.7% since listed
£250,000£49,950(-16.7%)
29/06/2026
Current price
£299,950Initial listing
26/04/2026

Services

Next steps

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