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Main Street, Asfordby, Melton Mowbray

East Midlands

£1,200,000
Listed on 05/05/2026

Property Details

Bedrooms
5
Type
Detached

Description

This historic Grade II* listed Jacobean manor house presents a remarkable development opportunity in the picturesque village of Asfordby, Leicestershire. Dating back to circa 1620, The Old Hall boasts an impressive array of period features and substantial living space, ideal for those looking to invest in a project with significant potential. Set on a generous plot, the property includes expansive outbuildings that have already received planning permission for conversion into multiple dwellings, adding considerable value to this offering. The main residence features five well-proportioned bedrooms, including two en-suites, complemented by three reception rooms, a spacious kitchen with original details, and an extensive loft area that could be transformed into additional living space. Outdoors, the property is surrounded by ample gardens and an orchard, further enhancing its appeal as a development site. The various outbuildings include a barn and coach house, both of which provide excellent scope for conversion or creative use as studios or guest accommodations. With careful restoration and modernization efforts, this property not only retains its historical significance but also becomes a lucrative investment opportunity within a desirable village location.

Investment Analysis

(LE14 area)
Area Average
£288/sq ft
Avg Rent (weekly)
£281
Avg Yield
3.3%

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
18
Average per month
Market Turnover
8%
Properties sold annually

Local Market Trend (LE14)

Area prices are rising by +8.4% over the last 12 months
3 year growth: +2.9%
5 year growth: +5.1%
Investment Disclaimer: Analysis based on LE14 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

Main Street, Asfordby, Melton Mowbray
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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
£4,281
Based on a loan of £900,000 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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