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Somerset Close, Burton-On-The-Wolds, Loughborough

East Midlands

£299,950

Listed on 10/06/2026

Property Details

Bedrooms
3
Type
Detached Bungalow
Area
762 sqft

Description

This detached bungalow, nestled in a tranquil cul-de-sac location in Burton on the Wolds, presents a rare chance for renovation enthusiasts. With mature gardens and spacious single-storey living, this property is primed for transformation into a contemporary family home. While it requires significant updating throughout, the expansive layout provides an ideal foundation for reconfiguration and modernization, allowing future owners to truly make it their own with potential extensions pending necessary approvals. The accommodation includes a welcoming entrance porch, a roomy hallway, a generous lounge diner with views of the garden, a kitchen, three bedrooms, and a bathroom. Outside, the secluded gardens are well-established, featuring diverse planting and a pond that enhances the private atmosphere. Located on Somerset Close—a desirable residential area—this property is conveniently positioned near Loughborough's amenities and commuter links. Offered with no upward chain, this bungalow is an exceptional canvas for those looking to invest in their dream home.

Investment Analysis

(LE12 area)

Above Market Value

This property is priced +30.9% above area average per sq ft

+30.9%
This Property
£394/sq ft
Area Average
£301/sq ft
Avg Rent (weekly)
£230
Avg Yield
3.7%

Renovation Potential

Heavy Refurb
Est. Renovation Cost
£40,000 - £60,000
Target Value
£252,047
10% above area average per sq ft
Potential ROI
-30.0%
After renovation
Note: Renovation cost estimates are AI-generated based on property location and general characteristics, and may not reflect actual costs.
Monthly Sales
83
Average per month
Market Turnover
12%
Properties sold annually

Local Market Trend (LE12)

Area prices are stable by +0.2% over the last 12 months
3 year growth: -0.2%
5 year growth: +14.8%
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

Somerset Close, Burton-On-The-Wolds, Loughborough
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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 £224,962 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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