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Heath Drive, Cottesmore

East Midlands

£250,000

Listed on 11/06/2026

Property Details

Bedrooms
2
Type
Detached Bungalow
Area
911 sqft

Description

Situated on a substantial corner plot in a desirable village, this two-bedroom detached bungalow offers an attractive proposition for those seeking single-storey living within a welcoming community. With no ongoing chain, the property boasts spacious and well-distributed accommodation throughout. The entrance hall opens into a generous living room, ideal for both leisure and hosting. The kitchen provides ample storage and workspace with promising potential for modern updates to align with contemporary tastes.

The two bedrooms are comfortably sized doubles, each allowing for creative furnishing options. Additional features include a family bathroom and various storage solutions that add practicality to daily life. With its adaptable layout and opportunities for customization, this home is particularly suited for buyers wishing to infuse their personal style or those looking to downsize without sacrificing space.

Outside, the expansive corner plot enhances privacy while offering significant landscaping possibilities. The front garden enhances curb appeal, while the larger rear and side gardens are predominantly laid to lawn—perfect for enjoying outdoor leisure or entertaining guests. Off-street parking is provided by a private driveway that leads to a sizeable garage, which serves as secure vehicle storage or could be transformed into a workshop area.

This generous plot also holds promise for extensions (subject to planning consent), making it an exceptional opportunity for anyone looking to create their ideal home in this tranquil village setting. Local amenities, schools, and transport connections are conveniently within reach, balancing convenience with peaceful living. This property truly showcases a blend of indoor comfort and outdoor space.

Investment Analysis

(LE15 area)

Below Market Value

This property is priced -10.6% below area average per sq ft

-10.6%
Potential saving
This Property
£274/sq ft
Area Average
£307/sq ft
Avg Rent (weekly)
£275
Avg Yield
3.4%

Renovation Potential

Medium Refurb
Est. Renovation Cost
£20,000 - £40,000
Target Value
£307,695
10% above area average per sq ft
Potential ROI
+6.1%
After renovation
Note: Renovation cost estimates are AI-generated based on property location and general characteristics, and may not reflect actual costs.
Monthly Sales
36
Average per month
Market Turnover
10%
Properties sold annually

Local Market Trend (LE15)

Area prices are stable by -1.4% over the last 12 months
3 year growth: +5.7%
5 year growth: +7.2%
Investment Disclaimer: Analysis based on LE15 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

Heath Drive, Cottesmore
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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
£944
Based on a loan of £187,500 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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