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Blackwood, Coalville, LE67

East Midlands

£375,000

Listed on 02/09/2026

The listing

Property details

Bedrooms
4
Type
Detached
Area
1270 sqft

Description

This substantial four-bedroom detached house in the desirable area of Blackwood, Coalville presents a unique opportunity to create your ideal family home. Set on a generous plot with gardens at both the front and rear, the property offers ample space and privacy. Upon entering, you are welcomed by a practical ground-floor WC and a bright entrance hall leading to an expansive L-shaped lounge/dining room, perfect for family gatherings and entertaining. A separate formal dining room adds versatility, while the breakfast kitchen and utility area await modernisation to suit your tastes. The first floor features a spacious master bedroom with an en-suite shower room, complemented by three additional well-proportioned bedrooms and a family bathroom. Outside, the property boasts a large front garden with a driveway providing off-road parking for several vehicles, along with a useful detached garage. The rear garden is larger than average, mainly laid to lawn and surrounded by mature trees, creating a private retreat ideal for relaxation or play. While the property requires modernisation throughout, this presents an excellent opportunity to put your stamp on a solid family home in a sought-after location. Viewings are highly recommended as this genuine opportunity is unlikely to last long.

WHOTS analysis

Our WHOTS verdict

An internal assessment of the opportunity to acquire, improve and create value.

36out of 100
Grade ELow opportunity

Confidence: MEDIUM

This spacious four-bedroom detached house in the desirable area of Blackwood, Coalville, presents a unique opportunity for buyers looking to create their forever home. While the asking price of £375,000 is notably less than the local average at £295/sqf compared to £261/sqf, this property requires significant refurbishment throughout, including a dated kitchen and bathroom that are ripe for modernisation. With general wear and tear evident across the living areas and bedrooms, the potential for transformation is substantial.

However, the economics of this listing present a challenge. The all-in costs, factoring in the renovation range of £50,000 to £100,000, stretch the total investment to between £425,000 and £475,000, which is considerably above the implied local average value for the area. This could limit your margin compared to local benchmarks, making it essential for buyers to carefully evaluate their renovation budget and plans. Despite the need for work, the property's generous layout and good outdoor space offer an excellent canvas to craft a home that reflects personal style and preferences.

Key opportunities

  • Spacious layout with versatile living spaces, ideal for family living and entertaining.
  • Good-sized outdoor space with a large garden, perfect for children and pets.
  • Opportunity to modernise and personalise the property's interiors to your taste.

Key risks

  • All-in costs may exceed local benchmarks for this floor area, with potential renovations pushing total investment above £475,000.

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Map

Location

Blackwood, Coalville, LE67
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Finance

Mortgage calculator

Illustrative repayments based on the asking price, not a mortgage offer.

£
£
£
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years

Current average 2-year fixed rate is 4.45%

Current average variable rate is 6.60%

Monthly Repayments
£1,417
Based on a loan of £281,250 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.

Tax

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Indicative tax based on the asking price and the options you select.

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