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Wood Lane, Quorn, Loughborough

East Midlands

£240,000
Listed on 12/05/2026

Property Details

Bedrooms
3
Type
Terraced
Area
782 sqft

Description

Located in the sought-after area of Wood Lane, this three-bedroom terraced home presents a noteworthy chance for cosmetic enhancements and personal transformation. The property features two distinct reception areas, a functional kitchen, a ground-floor bathroom, and three bedrooms on the upper level. Its inviting atmosphere highlights the potential to evolve it into a contemporary long-term residence in one of Quorn's most appealing village locales. Upon entering, you are greeted by a cozy living room that enjoys street views through its front-facing window. This space can easily adapt to suit various needs—be it as a formal sitting area, snug, or home office, depending on your lifestyle requirements. An inner hallway leads to the staircase for the first floor and includes beneficial under-stairs storage. Centrally located is the second reception room, which presents an ideal setting for family gatherings or dining. The existing layout offers exciting prospects for opening up the ground floor further (subject to necessary permissions) to achieve a more modern and fluid design. The kitchen at the rear is equipped with a good range of units and work surfaces along with space for appliances. While well-kept, it holds significant potential for modernisation and redesign to reflect contemporary tastes. The bathroom features essential amenities including a bath with an overhead shower, wash basin, and low-level WC—all areas ripe for cosmetic upgrades. Upstairs provides access to three bedrooms; Bedroom One is a spacious double at the front with ample room for furniture; Bedroom Two is another double at the rear featuring built-in wardrobes; while Bedroom Three is a versatile single that could function as a nursery, dressing area or study. The rear garden has been thoughtfully arranged to balance usability with outdoor enjoyment. It features an immediate patio area perfect for al fresco dining that transitions into a maintained lawn suitable for family activities or landscaping possibilities. There’s also a generous vegetable patch ideal for gardening enthusiasts and ample storage available thanks to a large shed. Additionally, off-road parking is accessible via the track behind Wood Lane which adds practicality and convenience to this attractive outdoor space.

Investment Analysis

(LE12 area)

Above Market Value

This property is priced +2.1% above area average per sq ft

+2.1%
This Property
£307/sq ft
Area Average
£301/sq ft
Avg Rent (weekly)
£219
Avg Yield
3.6%

Renovation Potential

Medium Refurb
Est. Renovation Cost
£15,000 - £25,000
Target Value
£258,619
10% above area average per sq ft
Potential ROI
-2.4%
After renovation
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

Wood Lane, Quorn, 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
£856
Based on a loan of £180,000 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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