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Caernarvon Close, Shepshed LE12

East Midlands

£230,000

Listed on 23/06/2026

Property details

Bedrooms
3
Type
Detached
Area
980 sqft

Description

This property presents a compelling renovation opportunity in a desirable cul-de-sac location. Situated on a generously sized plot, the home has previously been extended to one side. While planning permission has been granted for the extension, it is important to note that building regulation certificates have not been confirmed, necessitating due diligence from potential buyers with their legal and financial advisors. The internal layout features a porch and entrance hall, leading into a living room, kitchen, and sitting room. Upstairs, you'll find three bedrooms and a bathroom which offers space for modern upgrades including provisions for both a bath and separate shower setup. Externally, the property includes a garage and driveway along with a rear garden that borders an adjacent cemetery. This location boasts excellent local amenities with reputable primary and secondary schools nearby, as well as convenient access to public transport links including the M1 motorway and proximity to Loughborough town center. Given the complete renovation needs of this property, it is ideal for investors looking to revitalize a home in an up-and-coming area.

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Investment analysis

(LE12 area)

Below Market Value

This property is priced -22.0% below area average per sq ft

-22.0%
Potential saving
This Property
£235/sq ft
Area Average
£301/sq ft
Avg Rent (weekly)
£230
Avg Yield
3.7%

Renovation Potential

Heavy Refurb
Est. Renovation Cost
£60,000 - £90,000
Target Value
£324,155
10% above area average per sq ft
Potential ROI
+1.3%
After renovation
Note: Renovation cost estimates are AI-generated based on property location and general characteristics, and may not reflect actual costs.
Monthly Sales
83
Average per month
Market Turnover
12%
Properties sold annually

Local Market Trend (LE12)

Area prices are stable by +0.2% over the last 12 months
3 year growth: -0.2%
5 year growth: +14.8%
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

Caernarvon Close, Shepshed LE12
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Mortgage calculator

£
£
£
%
%
years

Current average 2-year fixed rate is 4.45%

Current average variable rate is 6.60%

Monthly Repayments
£869
Based on a loan of £172,500 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.

Stamp duty calculator

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