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Springfield Road, Shepshed, Loughborough LE12 - Image 1
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Springfield Road, Shepshed, Loughborough LE12

East Midlands

£299,950
Listed on 09/01/2026

Property Details

Bedrooms
3
Type
Detached house

Description

This spacious detached home, originally built in the 1950s and cherished by a single family since, is now poised for a new chapter. While it requires modernisation, the property boasts significant potential, particularly with its generous garden space that could be transformed into an outdoor oasis. The layout features an entrance porch leading to a reception hall and a living room adorned with parquet flooring and a fireplace, alongside a separate dining room that provides access to the garden through sliding doors. The kitchen includes functional units and offers access to a pantry as well as a practical utility room complete with a boiler. Upstairs, three ample bedrooms await your personal touch along with a family bathroom ready for renovation. Outside, you’ll find parking on the driveway, a detached garage, and an expansive rear garden that promises privacy and greenery. This property is being sold with no upward chain, making it an excellent investment opportunity for those looking to create their ideal home.

Investment Analysis

(LE12 area)
Area Average
£297/sq ft
Avg Rent (weekly)
£246
Avg Yield
3.9%

Renovation Potential

Medium Refurb
Est. Renovation Cost
£20,000 - £35,000
Note: Renovation cost estimates are AI-generated based on property location and general characteristics, and may not reflect actual costs.
Monthly Sales
75
Average per month
Market Turnover
34%
Properties sold annually

Local Market Trend (LE12)

Area prices are rising by +4.1% over the last 12 months
3 year growth: +2.2%
5 year growth: +18.2%
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

Springfield Road, Shepshed, Loughborough LE12
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Mortgage Calculator

£
£
£
%
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years

Current average 2-year fixed rate is 4.06%

Current average variable rate is 6.81%

Monthly Repayments
£1,082
Based on a loan of £224,962 over 30 years at 4.06% 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.

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