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Worthington Lane, Newbold Coleorton, Coalville LE67 - Image 1
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Worthington Lane, Newbold Coleorton, Coalville LE67 - Image 3

Worthington Lane, Newbold Coleorton, Coalville LE67

East Midlands

£250,000
Listed on 17/04/2026

Property Details

Bedrooms
N/A
Type
Land

Description

This is an exceptional opportunity for those looking to create a custom home on a generous half-acre plot, complete with outline planning permission for a single-storey dwelling. The site offers a significant degree of flexibility for design, letting you tailor the build to your specifications while enjoying stunning views over picturesque farmland and countryside. With planning approval already in place, your vision can be brought to life with ease. The property is conveniently located in the desirable village of Newbold Coleorton, benefiting from excellent access to nearby towns like Ashby De-La-Zouch, as well as major road links including the M1 and M46. The tranquil surroundings are perfect for outdoor enthusiasts, featuring nearby nature reserves and walking paths. Should you wish for more space or land, there is potential to negotiate further acquisition options alongside the neighbouring property. This plot presents not just a home-building opportunity but also an investment in lifestyle and community living.

Investment Analysis

(LE67 area)
Area Average
£258/sq ft
Avg Rent (weekly)
£206
Avg Yield
3.7%

Renovation Potential

Medium Refurb
Est. Renovation Cost
£100,000 - £150,000
Note: Renovation cost estimates are AI-generated based on property location and general characteristics, and may not reflect actual costs.
Monthly Sales
69
Average per month
Market Turnover
16%
Properties sold annually

Local Market Trend (LE67)

Area prices are falling by -2.9% over the last 12 months
3 year growth: -3.6%
5 year growth: +14.8%
Investment Disclaimer: Analysis based on LE67 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

Worthington Lane, Newbold Coleorton, Coalville LE67
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Mortgage Calculator

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£
£
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years

Current average 2-year fixed rate is 3.91%

Current average variable rate is 6.62%

Monthly Repayments
£885
Based on a loan of £187,500 over 30 years at 3.91% 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.

Stamp Duty Calculator

This calculation uses non-residential (land/commercial) tax rates.

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