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23 Moorfield Place, Shepshed, Loughborough, Leicestershire, LE12 9AW - Image 1
23 Moorfield Place, Shepshed, Loughborough, Leicestershire, LE12 9AW - Image 2
23 Moorfield Place, Shepshed, Loughborough, Leicestershire, LE12 9AW - Image 3
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23 Moorfield Place, Shepshed, Loughborough, Leicestershire, LE12 9AW - Image 9
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23 Moorfield Place, Shepshed, Loughborough, Leicestershire, LE12 9AW

East Midlands

£225,000

Listed on 23/05/2026

Property Details

Bedrooms
4
Type
Detached
Area
1561 sqft

Description

This four-bedroom detached house presents an excellent opportunity for renovation, situated on a generous plot to the west of Loughborough. The property features a spacious entrance hall leading to two reception rooms and a dining room, along with an unfitted kitchen that allows for personalization. The first floor comprises four bedrooms, including a unique layout where the fourth bedroom is accessed through the third. Completing the accommodation are a bathroom and a separate WC, both of which require fitting out. A rear garden enhances the outdoor space, while a separate garage/workshop offers additional potential for development or storage. This property is ideal for investors or those looking to create their dream home with thoughtful updates.

Investment Analysis

(LE12 area)

Below Market Value

This property is priced -52.1% below area average per sq ft

-52.1%
Potential saving
This Property
£144/sq ft
Area Average
£301/sq ft
Avg Rent (weekly)
£219
Avg Yield
3.6%

Renovation Potential

Medium Refurb
Est. Renovation Cost
£40,000 - £60,000
Target Value
£516,246
10% above area average per sq ft
Potential ROI
+81.1%
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

23 Moorfield Place, Shepshed, Loughborough, Leicestershire, LE12 9AW
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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
£803
Based on a loan of £168,750 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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