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Forest Road, Woodhouse, LE12

East Midlands

£550,000
Listed on 17/10/2025

Property Details

Bedrooms
3
Type
Detached house
Area
1464 sqft

Description

Nestled in the charming village of Old Woodhouse, this Grade II Listed granite cottage presents a unique opportunity for renovation and investment. The home retains much of its historic character, featuring an attractive Wisteria-covered façade, original leaded windows, and a classic Swithland slate roof—elements that highlight its potential as a restoration project. Upon entering the property, you are greeted by a dining hall showcasing exposed beams and an original brick fireplace, reflecting the home's heritage. The layout reveals spacious dimensions that allow for creative reimagining. At the rear, a garden room with exposed granite walls offers a scenic view of the expansive garden beyond, making it a perfect space for natural light-filled living or entertaining. The front of the house features a beamed sitting room anchored by a gas fire, which is currently disconnected. The adjoining kitchen includes fitted cupboards and space for appliances, alongside practical areas such as a boot room and cloakroom WC. Upstairs, three well-sized bedrooms provide comfortable accommodation and are served by a bathroom equipped with a shower attachment. A notable feature of this property is the substantial granite-built garage/workshop positioned outside. This space holds exciting conversion possibilities—subject to necessary permissions—whether for use as an artist's studio or additional living quarters. Positioned within a sought-after village known for its rural charm, this cottage stands out not only for its historical significance but also for its potential to be transformed into a bespoke residence. With ample opportunity to enhance its appeal while preserving original features, this property invites buyers to envision their ideal living space in an idyllic setting. As it is Grade II Listed and located in a conservation area, any renovations will need to consider relevant regulations. This home is connected to essential services including mains water, gas, electricity, drainage, and broadband. While situated in an area with low flood risk according to local data from gov.uk, it's advisable for prospective buyers to conduct thorough research regarding all aspects of the property prior to purchase. This is not just another listing; it represents an invitation to take part in preserving local heritage while creating something truly special in Old Woodhouse.

Investment Analysis

(LE12 area)

Above Market Value

This property is priced +26.8% above area average per sq ft

+26.8%
This Property
£376/sq ft
Area Average
£296/sq ft
Avg Rent (weekly)
£234
Avg Yield
3.9%

Renovation Potential

Medium Refurb
Est. Renovation Cost
£30,000 - £60,000
Target Value
£477,162
10% above area average per sq ft
Potential ROI
-21.8%
After renovation
Note: Renovation cost estimates are AI-generated based on property location and general characteristics, and may not reflect actual costs.
Monthly Sales
72
Average per month
Market Turnover
15%
Properties sold annually

Local Market Trend (LE12)

Area prices are rising by +4.3% over the last 12 months
3 year growth: 2.6%
5 year growth: 20.7%
Investment Disclaimer: Analysis based on LE12 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

Forest Road, Woodhouse, LE12
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Mortgage Calculator

£
£
£
%
%
years

Current average 2-year fixed rate is 4.19%

Current average variable rate is 6.78%

Monthly Repayments
£2,015
Based on a loan of £412,500 over 30 years at 4.19% 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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YOUR HOME MAY BE REPOSSESSED IF YOU DO NOT KEEP UP REPAYMENTS ON YOUR MORTGAGE