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Butthole Lane, Shepshed, LE12

East Midlands

£300,000

Listed on 02/07/2026

Property details

Bedrooms
3
Type
Detached Bungalow

Description

Set on a spacious plot in a popular village setting, this three-bedroom detached bungalow presents a unique opportunity for renovation and investment. The property features an entrance hall, an expansive L-shaped living room, kitchen, conservatory, three generous bedrooms, two bathrooms, and a detached garage. While the current condition reflects that some modernization is needed, the bungalow has been well maintained over the years and offers flexibility in its layout to cater to various family needs. Outside, a large garden with mature borders and lawns enhances its appeal, complemented by off-road parking available via a driveway and the detached garage. Located conveniently close to village amenities, this property is being offered without any upward chain, making it a promising option for those looking to create their ideal family home.

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Investment analysis

(LE12 area)
Area Average
£299/sq ft
Avg Rent (weekly)
£222
Avg Yield
3.5%

Renovation Potential

Medium Refurb
Est. Renovation Cost
£30,000 - £50,000
Note: Renovation cost estimates are AI-generated based on property location and general characteristics, and may not reflect actual costs.
Monthly Sales
78
Average per month
Market Turnover
11%
Properties sold annually

Local Market Trend (LE12)

Area prices are stable by -0.3% over the last 12 months
3 year growth: -0.7%
5 year growth: +14.0%
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

Butthole Lane, Shepshed, LE12
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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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