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Cloud Lea, Mountsorrel LE12

East Midlands

£190,000
Listed on 14/11/2025

Property Details

Bedrooms
2
Type
Bungalow
Area
507 sqft

Description

Situated in the heart of Mountsorrel, a village renowned for its community spirit and local amenities, this bungalow presents an inviting opportunity for renovation. The charming living room, enhanced by a large bay window and a cozy gas fire, welcomes you with abundant natural light. The kitchen, while functional with its white cabinetry and room for essential appliances, offers ample scope for modernisation to reflect contemporary tastes. The layout includes two well-proportioned double bedrooms and a classic family bathroom that stands ready for an update to suit modern lifestyles. Outside, the property boasts a generous plot featuring a tidy front garden and a side driveway, ensuring off-road parking convenience. The expansive rear garden—a canvas of potential—invites landscaping or even expansion opportunities (subject to relevant consents), providing an ideal setting for outdoor leisure or entertaining. With all mains services connected and the unique charm of Mountsorrel at your doorstep, this property represents a rewarding project for those looking to invest in their vision.

Investment Analysis

(LE12 area)

Above Market Value

This property is priced +25.9% above area average per sq ft

+25.9%
This Property
£375/sq ft
Area Average
£298/sq ft
Avg Rent (weekly)
£234
Avg Yield
3.7%

Renovation Potential

Medium Refurb
Est. Renovation Cost
£15,000 - £30,000
Target Value
£166,027
10% above area average per sq ft
Potential ROI
-24.5%
After renovation
Note: Renovation cost estimates are AI-generated based on property location and general characteristics, and may not reflect actual costs.
Monthly Sales
81
Average per month
Market Turnover
36%
Properties sold annually

Local Market Trend (LE12)

Area prices are rising by +4.8% over the last 12 months
3 year growth: +2.9%
5 year growth: +17.9%
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

Cloud Lea, Mountsorrel LE12
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Mortgage Calculator

£
£
£
%
%
years

Current average 2-year fixed rate is 4.06%

Current average variable rate is 6.81%

Monthly Repayments
£685
Based on a loan of £142,500 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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