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Development Opportunity, Shangton

East Midlands

£400,000

Listed on 05/10/2026

The listing

Property details

Bedrooms
N/A
Type
Barn Conversion

Description

This property presents a unique development opportunity in the picturesque village of Shangton, where outline planning permission has been granted for two contemporary four-bedroom dwellings. Each unit is designed to feature an entrance hall with stairs leading to the first floor, a cloakroom, a dining kitchen, a living room, a pantry, a boot room, a utility room, and an office. The layout includes four bedrooms, each with its own ensuite, as well as two dressing rooms. Additional benefits include an integral double garage/store and an open-fronted cart lodge, enhancing the functionality of the space. Located in an unspoilt area with stunning views of Leicestershire’s countryside, this site offers significant potential for investment and development. Water and electricity services are reportedly available on site, although prospective buyers should verify these details independently. This property is offered for sale by private treaty, allowing for flexible negotiation.

WHOTS analysis

Our WHOTS verdict

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

38out of 100
Grade ELow opportunity

Confidence: LOW

This detached house offers a unique opportunity for development, with outline planning permission granted for two contemporary four-bedroom dwellings. The location boasts stunning views across the picturesque Leicestershire countryside, enhancing its appeal as a project site. While the listing lacks specific details on floor area and renovation estimates, the potential for creating two distinct homes here is noteworthy, and the asking price of £400,000 suggests that it remains an approachable entry point for interested buyers.

The absence of calculated £/sqf due to missing floor area means value comparisons against local averages can't be made just yet. However, the project scale is light and typical, allowing for a manageable renovation journey. This property can serve as a blank canvas, inviting creative vision for its future development while capitalizing on its scenic setting.

Key opportunities

  • Opportunity to develop two contemporary four-bedroom dwellings with stunning countryside views.
  • Potential for significant value creation through thoughtful design and construction.
  • Unique setting in an unspoilt location, ideal for buyers looking to capitalize on rural living.

Key risks

None recorded.

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Map

Location

Development Opportunity, Shangton
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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
£1,511
Based on a loan of £300,000 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.

Tax

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

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