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Ashby Road, Markfield

East Midlands

£600,000

Listed on 10/07/2026

Property details

Bedrooms
4
Type
Detached Bungalow
Area
1775 sqft

Description

This substantial detached bungalow is nestled in a picturesque rural location, surrounded by approximately 0.75 acres of expansive gardens and grounds that offer stunning panoramic countryside views. Presented with no onward chain, this property provides a fantastic opportunity for enhancement, extension, or reconfiguration (subject to necessary planning permissions), making it an ideal choice for families, developers, or anyone looking to create their perfect home in a serene setting. The generous plot includes a private driveway that facilitates parking for multiple vehicles and features mature gardens that enhance the home's privacy while offering remarkable views of the rolling landscape. Despite its tranquil environment, the property is conveniently situated close to nearby villages, essential amenities, and transport links. Internally, this versatile accommodation spans approximately 2,100 sq. ft., offering ample living space with a welcoming entrance hall leading to a spacious lounge designed to capture the breathtaking views. The large dining kitchen provides excellent storage and workspace options. With three well-sized double bedrooms—one featuring an en-suite—and an additional reception room that can serve multiple purposes including as an office or fourth bedroom, this layout accommodates various lifestyle needs. A family bathroom, utility area, and cloakroom complete the interior. The remarkable external grounds are where the real potential lies—with predominantly lawned areas bordered by mature trees creating both seclusion and opportunities for landscaping or outdoor entertaining. This extensive plot also allows for future development possibilities pending relevant consents. Properties in such exceptional rural locations are rare; combining significant indoor space with spectacular outdoor settings and immense scope for improvement makes this a truly unique opportunity to develop an extraordinary countryside residence.

Investment analysis

(LE67 area)

Above Market Value

This property is priced +29.3% above area average per sq ft

+29.3%
This Property
£338/sq ft
Area Average
£261/sq ft
Avg Rent (weekly)
£206
Avg Yield
3.6%

Renovation Potential

Medium Refurb
Est. Renovation Cost
£60,000 - £100,000
Target Value
£510,384
10% above area average per sq ft
Potential ROI
-27.1%
After renovation
Note: Renovation cost estimates are AI-generated based on property location and general characteristics, and may not reflect actual costs.
Monthly Sales
74
Average per month
Market Turnover
13%
Properties sold annually

Local Market Trend (LE67)

Area prices are falling by -4.4% over the last 12 months
3 year growth: -5.9%
5 year growth: +9.8%
Investment Disclaimer: Analysis based on LE67 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

Ashby Road, Markfield
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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
£2,267
Based on a loan of £450,000 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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