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Oakleigh Villa, Melbourne Road, Ibstock, LE67 6NN - Image 1
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Oakleigh Villa, Melbourne Road, Ibstock, LE67 6NN - Image 3

Oakleigh Villa, Melbourne Road, Ibstock, LE67 6NN

East Midlands

£290,000

Listed on 13/09/2026

The listing

Property details

Bedrooms
4
Type
Detached

Description

Nestled on Melbourne Road in Ibstock, this substantial four-bedroom detached villa offers a blend of character and potential. Having been in the same ownership for around 40 years, the home boasts a rich history and ample accommodation, including two reception rooms and a generous kitchen breakfast room. The private rear garden adds to the appeal, providing an inviting outdoor space for families. This property presents an excellent opportunity for those seeking to enhance their living environment over time, with possibilities for adaptation and improvement subject to necessary planning permissions. The original-style entrance hall sets the tone for the character that flows throughout the home, leading to spacious reception areas that are perfect for family life. The lounge features an original brick-built open fireplace, while the dining room offers flexibility for various uses. The kitchen breakfast room is a practical hub with significant potential for transformation. With four well-proportioned bedrooms and a family bathroom upstairs, this villa is ideal for families looking for space without the premium price tag often associated with larger detached properties. The next owners will have the chance to shape this home to their needs, making it a worthwhile investment.

WHOTS analysis

Our WHOTS verdict

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

35out of 100
Grade ELow opportunity

Confidence: LOW

This substantial four-bedroom detached villa on Melbourne Road presents a unique opportunity for those looking to create a family home with character. While the asking price of £290,000 is below the local average, making it an attractive option, the absence of specific floor area details limits the assessment of its full potential value. The property features spacious bedrooms, characterful living spaces, and a well-maintained garden, all of which provide a solid foundation for renovation and personalization.

Despite some dated elements, the overall condition is good, allowing for a light renovation project to modernize and enhance the existing charm. This home has been in the same ownership for around 40 years, indicating a strong sense of history and a chance to shape it to your liking over time. The kitchen offers excellent potential for modernization, providing an ideal hub for family life. With the right vision, this villa could be transformed into a truly special home, perfectly suited for families seeking more space without the higher price tag often associated with larger properties.

Key opportunities

  • Spacious layout with character features throughout.
  • Well-maintained garden area providing outdoor potential.
  • Opportunity to modernize the kitchen and adapt the space to personal needs.

Key risks

None recorded.

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Map

Location

Oakleigh Villa, Melbourne Road, Ibstock, LE67 6NN
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Finance

Mortgage calculator

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

£
£
£
%
%
years

Current average 2-year fixed rate is 4.45%

Current average variable rate is 6.60%

Monthly Repayments
£1,096
Based on a loan of £217,500 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.

Tax

Stamp duty calculator

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

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