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Caernarvon Close, Shepshed, LE12

East Midlands

£230,000
Listed on 15/05/2026

Property Details

Bedrooms
3
Type
Detached
Area
980 sqft

Description

This property presents a compelling opportunity for a comprehensive renovation, situated on a generously sized plot within a desirable cul-de-sac in the East Midlands. The house has been extended to the side, though prospective buyers should be aware that while planning permission is in place, confirmation of building regulation approval is still pending. This presents an ideal canvas for investors or homeowners looking to create their dream residence. The current layout includes a porch, entrance hall, living room, kitchen, and sitting room on the ground floor. The upper level accommodates three bedrooms and a bathroom configured for modern amenities such as separate shower facilities and dual wash basins. Outside, the home features a driveway leading to a garage and a rear garden that adjoins a cemetery. Potential buyers are encouraged to conduct thorough checks regarding building regulations and should consult their mortgage advisors prior to making an offer due to the extent of required renovations.

Investment Analysis

(LE12 area)

Below Market Value

This property is priced -21.9% below area average per sq ft

-21.9%
Potential saving
This Property
£235/sq ft
Area Average
£301/sq ft
Avg Rent (weekly)
£219
Avg Yield
3.6%

Renovation Potential

Heavy Refurb
Est. Renovation Cost
£30,000 - £50,000
Target Value
£324,101
10% above area average per sq ft
Potential ROI
+15.8%
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

Caernarvon Close, Shepshed, LE12
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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
£821
Based on a loan of £172,500 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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