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Cold Farm, Gilmorton Road, Walcote, Lutterworth, Leicestershire, LE17 4LD - Image 1
Cold Farm, Gilmorton Road, Walcote, Lutterworth, Leicestershire, LE17 4LD - Image 2
Cold Farm, Gilmorton Road, Walcote, Lutterworth, Leicestershire, LE17 4LD - Image 3
Cold Farm, Gilmorton Road, Walcote, Lutterworth, Leicestershire, LE17 4LD - Image 4
Cold Farm, Gilmorton Road, Walcote, Lutterworth, Leicestershire, LE17 4LD - Image 5
Cold Farm, Gilmorton Road, Walcote, Lutterworth, Leicestershire, LE17 4LD - Image 6
Cold Farm, Gilmorton Road, Walcote, Lutterworth, Leicestershire, LE17 4LD - Image 7

Cold Farm, Gilmorton Road, Walcote, Lutterworth, Leicestershire, LE17 4LD

East Midlands

£2,500,000
Listed on 27/04/2026

Property Details

Bedrooms
4
Type
Detached

Description

This expansive 80.7-acre mixed-use farm presents a unique investment opportunity with significant renovation potential. The property features a detached four-bedroom farmhouse that is in need of complete refurbishment, allowing new owners to customize it to their specifications. The farmhouse is characterized by traditional brick construction and is equipped with essential utilities, including mains water and electricity, although it requires thorough updating throughout. Additionally, there is a planning-permitted barn in the yard that offers prospects for conversion into a four-bedroom home, which could further enhance the property's value. The surrounding land consists of Grade 3 agricultural land suitable for both arable farming and livestock, divided into seven manageable enclosures. Located just three miles from Lutterworth, which boasts various local amenities and excellent transport links via major routes such as the M1 and M6, this property not only offers agricultural potential but also strategic development opportunities for the future.

Investment Analysis

(LE17 area)
Area Average
£304/sq ft
Avg Rent (weekly)
£291
Avg Yield
3.6%

Renovation Potential

Heavy Refurb
Est. Renovation Cost
£100,000 - £150,000
Note: Renovation cost estimates are AI-generated based on property location and general characteristics, and may not reflect actual costs.
Monthly Sales
28
Average per month
Market Turnover
15%
Properties sold annually

Local Market Trend (LE17)

Area prices are stable by -1.4% over the last 12 months
3 year growth: -0.3%
5 year growth: +3.7%
Investment Disclaimer: Analysis based on LE17 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

Cold Farm, Gilmorton Road, Walcote, Lutterworth, Leicestershire, LE17 4LD
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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
£8,919
Based on a loan of £1,875,000 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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