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Cold Farm, Gilmorton Road, Walcote, Lutterworth, Leicestershire, LE17 4LD - Image 1
Cold Farm, Gilmorton Road, Walcote, Lutterworth, Leicestershire, LE17 4LD - Image 2
Cold Farm, Gilmorton Road, Walcote, Lutterworth, Leicestershire, LE17 4LD - Image 3
Cold Farm, Gilmorton Road, Walcote, Lutterworth, Leicestershire, LE17 4LD - Image 4
Cold Farm, Gilmorton Road, Walcote, Lutterworth, Leicestershire, LE17 4LD - Image 5
Cold Farm, Gilmorton Road, Walcote, Lutterworth, Leicestershire, LE17 4LD - Image 6
Cold Farm, Gilmorton Road, Walcote, Lutterworth, Leicestershire, LE17 4LD - Image 7

Cold Farm, Gilmorton Road, Walcote, Lutterworth, Leicestershire, LE17 4LD

East Midlands

£2,500,000
Listed on 27/04/2026

Property Details

Bedrooms
4
Type
Detached

Description

This property presents a unique investment opportunity comprising an expansive 80.7-acre farm, featuring a traditional four-bedroom farmhouse in need of extensive refurbishment. The farmhouse, characterized by its painted brick exterior and slate roof, offers generous living space but requires complete renovation to restore it to modern standards. Additionally, the property includes a barn that has received planning consent for conversion into a four-bedroom dwelling, providing further potential for development. Located just three miles from Lutterworth, the area is well-equipped with essential amenities and boasts excellent transport links via major roadways including the M1 and M6. The land itself is classified as Grade 3 agricultural land, making it suitable for diverse agricultural use or future development projects.

Investment Analysis

(LE17 area)
Area Average
£304/sq ft
Avg Rent (weekly)
£291
Avg Yield
3.6%

Renovation Potential

Heavy Refurb
Est. Renovation Cost
£100,000 - £150,000
Note: Renovation cost estimates are AI-generated based on property location and general characteristics, and may not reflect actual costs.
Monthly Sales
28
Average per month
Market Turnover
15%
Properties sold annually

Local Market Trend (LE17)

Area prices are stable by -1.4% over the last 12 months
3 year growth: -0.3%
5 year growth: +3.7%
Investment Disclaimer: Analysis based on LE17 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

Cold Farm, Gilmorton Road, Walcote, Lutterworth, Leicestershire, LE17 4LD
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Mortgage Calculator

£
£
£
%
%
years

Current average 2-year fixed rate is 3.97%

Current average variable rate is 6.59%

Monthly Repayments
£8,919
Based on a loan of £1,875,000 over 30 years at 3.97% 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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