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Equity Road, Earl Shilton, LE9

East Midlands

£280,000
Listed on 01/05/2026

Property Details

Bedrooms
3
Type
Bungalow
Area
1001 sqft

Description

This distinctive bungalow, situated on an expansive corner plot in Earl Shilton, presents a promising opportunity for investors or those looking to create their ideal home. The property features three spacious bedrooms and multiple reception areas, including a versatile room that was once a garage—easily convertible back for vehicle storage or even as a self-contained annexe. While the interior is in need of modernization, the layout offers significant flexibility for alterations and improvements. The light-filled lounge and separate dining area with patio doors provide ample space for entertaining, while the surrounding garden offers potential to become a tranquil outdoor retreat. With no chain involved, this property invites creative vision and renovation efforts to fully capitalize on its potential.

Investment Analysis

(LE9 area)

Below Market Value

This property is priced -1.0% below area average per sq ft

-1.0%
Potential saving
This Property
£280/sq ft
Area Average
£283/sq ft
Avg Rent (weekly)
£246
Avg Yield
4.2%

Renovation Potential

Medium Refurb
Est. Renovation Cost
£25,000 - £40,000
Target Value
£311,226
10% above area average per sq ft
Potential ROI
-2.7%
After renovation
Note: Renovation cost estimates are AI-generated based on property location and general characteristics, and may not reflect actual costs.
Monthly Sales
74
Average per month
Market Turnover
16%
Properties sold annually

Local Market Trend (LE9)

Area prices are stable by -1.9% over the last 12 months
3 year growth: +1.0%
5 year growth: +12.6%
Investment Disclaimer: Analysis based on LE9 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

Equity Road, Earl Shilton, LE9
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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
£999
Based on a loan of £210,000 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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