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Development Opportunity to the rear of Laughton Road, Lubenham, Market Harborough - Image 1
Development Opportunity to the rear of Laughton Road, Lubenham, Market Harborough - Image 2
Development Opportunity to the rear of Laughton Road, Lubenham, Market Harborough - Image 3
Development Opportunity to the rear of Laughton Road, Lubenham, Market Harborough - Image 4
Development Opportunity to the rear of Laughton Road, Lubenham, Market Harborough - Image 5
Development Opportunity to the rear of Laughton Road, Lubenham, Market Harborough - Image 6

Development Opportunity to the rear of Laughton Road, Lubenham, Market Harborough

East Midlands

£250,000
Listed on 14/01/2026

Property Details

Bedrooms
N/A
Type
Detached house

Description

This property presents a compelling opportunity for developers or private individuals interested in capitalising on a well-located residential development site with full planning consent for two innovative dormer bungalows. Nestled in the desirable village of Lubenham, near Market Harborough, the site is primed for immediate construction, allowing the creation of modern homes tailored to today’s lifestyle while respecting the local character. The proposed project includes two thoughtfully designed two-bedroom dormer bungalows, each featuring efficient layouts and private outdoor spaces. With the planning permission already in place (Ref: 24/00865/FUL, granted April 2025), this is an attractive option for those looking to build in a location that boasts strong demand for housing. Each bungalow will offer spacious interiors and dedicated parking, contributing to their appeal among potential buyers. The development also incorporates elements aimed at biodiversity enhancement, ensuring a sustainable approach in line with contemporary ecological values. This site is perfectly suited for small-scale builders or investors eager to undertake a project that can yield high returns due to its strategic location within an area where quality homes are in short supply. The convenience of nearby amenities and excellent transport links adds to its allure, making it an ideal opportunity for anyone looking to enter the property market or expand their portfolio.

Investment Analysis

(LE16 area)
Area Average
£329/sq ft
Avg Rent (weekly)
£261
Avg Yield
3.5%

Renovation Potential

Medium Refurb
Est. Renovation Cost
£150,000 - £200,000
Note: Renovation cost estimates are AI-generated based on property location and general characteristics, and may not reflect actual costs.
Monthly Sales
38
Average per month
Market Turnover
30%
Properties sold annually

Local Market Trend (LE16)

Area prices are falling by -3.7% over the last 12 months
3 year growth: -3.4%
5 year growth: +6.9%
Investment Disclaimer: Analysis based on LE16 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

Development Opportunity to the rear of Laughton Road, Lubenham, Market Harborough
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Mortgage Calculator

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£
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years

Current average 2-year fixed rate is 4.06%

Current average variable rate is 6.81%

Monthly Repayments
£902
Based on a loan of £187,500 over 30 years at 4.06% 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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