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The Cottage, Nottingham Road, Costock, Loughborough, Leicestershire

East Midlands

£750,000Guide Price

Listed on 08/07/2026

Property details

Bedrooms
N/A
Type
Detached
Area
1246 sqft

Description

This three-bedroom detached cottage, set within approximately 1.303 acres, offers a unique opportunity for buyers interested in renovation and investment potential in the desirable village of Costock. The property is presented without any upward chain, allowing for a straightforward acquisition process. The extensive grounds feature a pond, multiple chicken pens, kennels, and two substantial outbuildings, providing ample space for various residential or leisure pursuits. There is significant scope to modernize the existing accommodation or expand upon it to create a larger family residence or even consider alternative uses such as home-based business ventures or development opportunities (subject to planning permissions). Accessed via double gates, the plot highlights its substantial size with open areas that could be tailored to hobby farming or secure storage solutions. The semi-rural location also ensures excellent connectivity to Loughborough and Nottingham as well as access to major roadways like the M1. This property possesses an exceptional blend of land and potential that is rarely found in the market. It is ideal for developers, investors looking for new projects, or families wishing to customize their future home.

Investment analysis

(LE12 area)

Above Market Value

This property is priced +101.1% above area average per sq ft

+101.1%
This Property
£602/sq ft
Area Average
£299/sq ft
Avg Rent (weekly)
£222
Avg Yield
3.5%

Renovation Potential

Medium Refurb
Est. Renovation Cost
£60,000 - £100,000
Target Value
£410,289
10% above area average per sq ft
Potential ROI
-51.7%
After renovation
Note: Renovation cost estimates are AI-generated based on property location and general characteristics, and may not reflect actual costs.
Monthly Sales
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

The Cottage, Nottingham Road, Costock, Loughborough, 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
£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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