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Middle School House, Illston on the Hill, Leicestershire

East Midlands

£300,000

Listed on 09/06/2026

Property Details

Bedrooms
2
Type
Terraced
Area
801 sqft

Description

Nestled in the attractive village of Illston-on-the-Hill, this period terraced home, known as Middle School House, presents a valuable renovation opportunity for those looking to personalize a character property. The home boasts approximately 904 sq. ft. of living space, featuring two bedrooms and two reception rooms, making it adaptable for modern living with the potential for updates and enhancements to match contemporary tastes. Accessed through a welcoming hallway, the interior showcases a bright sitting room with dual front-facing windows and an inviting fireplace that adds charm to the space. The separate dining room offers generous proportions suitable for both entertaining and family gatherings, leading seamlessly into the galley kitchen at the rear. While functional as it stands, this kitchen holds clear potential for redesign or expansion to create an open-plan layout. The first floor comprises two bedrooms and a family bathroom; the main bedroom is spacious with views over the garden while the second can serve as a guest room or home office. All areas of the property provide an excellent canvas for personal customization. Outside, the front garden is framed by established hedging which leads to a quaint pathway. The rear boasts an enclosed courtyard terrace that connects directly from the kitchen, along with practical brick outbuildings for additional storage. Beyond this courtyard lies a substantial rear garden of around 0.17 acres, predominantly laid to lawn and bordered by mature trees—ideal for landscaping projects or future expansion opportunities (subject to planning consent). With its quiet rural setting in a close-knit community just seven miles north of Market Harborough, this property not only provides immediate comfort but also offers significant investment potential as you bring your vision to life.

Investment Analysis

(LE7 area)

Above Market Value

This property is priced +21.1% above area average per sq ft

+21.1%
This Property
£375/sq ft
Area Average
£309/sq ft
Avg Rent (weekly)
£251
Avg Yield
3.2%

Renovation Potential

Medium Refurb
Est. Renovation Cost
£20,000 - £35,000
Target Value
£272,480
10% above area average per sq ft
Potential ROI
-18.7%
After renovation
Note: Renovation cost estimates are AI-generated based on property location and general characteristics, and may not reflect actual costs.
Monthly Sales
61
Average per month
Market Turnover
12%
Properties sold annually

Local Market Trend (LE7)

Area prices are falling by -4.4% over the last 12 months
3 year growth: +0.6%
5 year growth: +7.4%
Investment Disclaimer: Analysis based on LE7 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

Middle School House, Illston on the Hill, Leicestershire
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Mortgage Calculator

£
£
£
%
%
years

Current average 2-year fixed rate is 4.45%

Current average variable rate is 6.60%

Monthly Repayments
£1,133
Based on a loan of £225,000 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.

Stamp Duty Calculator

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