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Spinney Lane, Stretton, LE15

East Midlands

£750,000

Listed on 08/07/2026

Property details

Bedrooms
4
Type
Detached
Area
2314 sqft

Description

Located in a serene section of Spinney Lane, this charming stone-built four-bedroom detached house presents considerable potential for renovation or investment. With three well-appointed reception rooms, the property provides ample space for both relaxation and productivity. The garden room features a woodburner, creating an inviting atmosphere to enjoy the surroundings year-round. The expansive country kitchen serves as a functional hub for family gatherings and culinary explorations, while the separate utility room enhances practicality by connecting directly to the back garden. The upper floor hosts four spacious bedrooms designed for comfort, complemented by an outdoor office area that supports remote work efficiently. Above the double garage, there's a flexible space currently utilized as a gym but primed for conversion into a studio or additional office, catering to diverse lifestyle needs. Generous outbuilding storage is available, one equipped with electrics and serving as another office or studio option. The landscaped garden further enhances this property’s appeal with its tranquil settings perfect for outdoor enjoyment, including play areas for children or pets and vibrant flower borders. Mature trees ensure privacy while paved terraces provide excellent spots for outdoor dining and entertaining throughout the summer months. With easy access to key transport routes linking nearby towns and cities, this property is an ideal choice for those seeking both a quiet retreat and convenient connectivity. Whether you're looking to create a family home with modern upgrades or develop it as an investment opportunity, this residence offers an exceptional canvas to craft your vision.

Investment analysis

(LE15 area)

Above Market Value

This property is priced +6.2% above area average per sq ft

+6.2%
This Property
£324/sq ft
Area Average
£305/sq ft
Avg Rent (weekly)
£290
Avg Yield
3.5%

Renovation Potential

Medium Refurb
Est. Renovation Cost
£50,000 - £80,000
Target Value
£776,474
10% above area average per sq ft
Potential ROI
-6.4%
After renovation
Note: Renovation cost estimates are AI-generated based on property location and general characteristics, and may not reflect actual costs.
Monthly Sales
31
Average per month
Market Turnover
8%
Properties sold annually

Local Market Trend (LE15)

Area prices are falling by -6.8% over the last 12 months
3 year growth: -0.4%
5 year growth: +2.0%
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

Spinney Lane, Stretton, LE15
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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
£2,833
Based on a loan of £562,500 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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