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Back Lane, Cotes, Loughborough

East Midlands

£1,500,000
Listed on 01/05/2026

Property Details

Bedrooms
10
Type
Detached

Description

This unique property spans an impressive 3 acres and features a main residence, a two-bedroom annex, and a charming cottage dating back to the 1600s. The expansive layout presents numerous possibilities for renovation or investment, making it suitable for multi-generational living or conversion into holiday let accommodation like Airbnb. Built in 1994, the main house offers spacious interiors with a grand entrance hall leading to multiple reception rooms and five generously sized bedrooms, three with en-suites. The attic provides potential for further development into additional living space. The annex is fully functional with two double bedrooms, bathrooms, and communal areas ideal for relatives or rental opportunities. Meanwhile, the character cottage awaits restoration, offering great potential as an independent living space or holiday rental. Set within beautifully landscaped grounds complete with formal gardens and ample parking space, this property represents a rare opportunity to rejuvenate historic architecture while enjoying modern amenities. Located in the peaceful hamlet of Cotes, this site is well-connected to Loughborough and major transport routes including Nottingham and Leicester.

Investment Analysis

(LE12 area)
Area Average
£301/sq ft
Avg Rent (weekly)
£219
Avg Yield
3.6%

Renovation Potential

Heavy Refurb
Est. Renovation Cost
£150,000 - £250,000
Note: Renovation cost estimates are AI-generated based on property location and general characteristics, and may not reflect actual costs.
Monthly Sales
87
Average per month
Market Turnover
13%
Properties sold annually

Local Market Trend (LE12)

Area prices are stable by +0.8% over the last 12 months
3 year growth: +0.4%
5 year growth: +13.1%
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

Back Lane, Cotes, Loughborough
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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
£5,351
Based on a loan of £1,125,000 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.

Stamp Duty Calculator

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