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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
N/A
Type
Detached

Description

This property presents a significant opportunity for renovation enthusiasts or investors. Spanning an impressive 80.7 acres, the mixed-use farm includes a traditional four-bedroom farmhouse that requires comprehensive refurbishment. The farmhouse itself is structurally sound but has not been updated and seeks someone to breathe new life into it. Additionally, there is a barn that has received planning consent for conversion into a four-bedroom dwelling, providing further potential for residential development or investment. The land is classified as Grade 3 agricultural land, which suggests good fertility for various farming activities. Located just three miles from Lutterworth, this property benefits from easy access to amenities and major transport routes, making it ideal for those looking to immerse themselves in rural living while being close to urban conveniences.

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Investment analysis

(LE17 area)
Area Average
£305/sq ft
Avg Rent (weekly)
£272
Avg Yield
3.1%

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
23
Average per month
Market Turnover
12%
Properties sold annually

Local Market Trend (LE17)

Area prices are falling by -8.2% over the last 12 months
3 year growth: -6.2%
5 year growth: -3.3%
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

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£
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years

Current average 2-year fixed rate is 4.45%

Current average variable rate is 6.60%

Monthly Repayments
£9,445
Based on a loan of £1,875,000 over 30 years at 4.45% 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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