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High Street, Packington, LE65

East Midlands

£350,000
Listed on 05/05/2026

Property Details

Bedrooms
2
Type
Detached Bungalow
Area
929 sqft

Description

Nestled in the idyllic village of Packington, this detached bungalow presents an attractive opportunity for those looking to invest in a property with significant renovation potential. Spanning approximately 929 square feet, the home offers a spacious layout that includes a large living room, a separate dining area, two bedrooms, and essential amenities like a kitchen and bathroom. The property is set on a generous plot, providing ample outdoor space for enhancement or landscaping. The existing condition indicates that modernization efforts will be necessary to bring this home up to contemporary standards. Additionally, the established rear garden boasts mature trees and shrubbery, creating a private retreat while offering further scope for development. Situated in a sought-after location within Packington – known for its community spirit and charm – residents will benefit from local amenities including shops and a public house. The nearby Ashby-de-la-Zouch offers additional retail options, eateries, and leisure facilities. For outdoor enthusiasts, the surrounding countryside provides numerous walking paths and access to the National Forest. With good transportation links to larger towns and cities such as Leicester and Derby, alongside proximity to East Midlands Airport and railway services to London St Pancras, this property not only promises potential as a comfortable residence but also represents an investment opportunity in a desirable village setting.

Investment Analysis

(LE65 area)

Above Market Value

This property is priced +27.4% above area average per sq ft

+27.4%
This Property
£377/sq ft
Area Average
£296/sq ft
Avg Rent (weekly)
£212
Avg Yield
3.3%

Renovation Potential

Medium Refurb
Est. Renovation Cost
£25,000 - £40,000
Target Value
£302,176
10% above area average per sq ft
Potential ROI
-22.5%
After renovation
Note: Renovation cost estimates are AI-generated based on property location and general characteristics, and may not reflect actual costs.
Monthly Sales
20
Average per month
Market Turnover
12%
Properties sold annually

Local Market Trend (LE65)

Area prices are falling by -10.7% over the last 12 months
3 year growth: -4.3%
5 year growth: +2.4%
Investment Disclaimer: Analysis based on LE65 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

High Street, Packington, LE65
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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
£1,249
Based on a loan of £262,500 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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