Fairway Road South, Shepshed, Loughborough
By Connells
£ 240,000
Reviews
2 out of 5 stars
Connells says ..
A fantastic opportunity to acquire this two bedroom, detached bungalow with planning for an extension on the side and into the roof. The property benefits from a private south facing low maintenance garden and off-road parking for two vehicles.
Property Oracle says ..
This two-bedroom detached bungalow located on Fairway Road South in Shepshed, Leicestershire, presents a mixed opportunity for potential buyers. The property is in a reasonably good location, close to several schools with good Ofsted ratings, including Newcroft Primary Academy (0.43km) and St Botolph’s Church of England Primary School (1.27km). The proximity to Loughborough (9.91km away) offers access to further amenities and transportation, primarily via East Midlands Railway. While the property boasts a private south-facing garden and off-road parking for two vehicles, the garden size is not specified and may be considered relatively small. The list price of £240,000 appears competitively priced compared to similar nearby properties listed, however, a precise comparison using price per square foot is not possible due to a lack of available property data in this regard. However, the inclusion of approved planning permission for a side and roof extension adds significant potential for value enhancement. Inside, the property appears relatively clean and well-maintained; however, the current style and decor are dated. Some updates and modernisation would likely be necessary to fully realise the property’s potential. Potential buyers should carefully review the planning permission details and conduct a full survey to assess the condition and potential refurbishment costs before making an offer.
Therefore, we give this property 5 / 10. *Disclaimer: This is our option and does constitute a recommendation or financial advice. Do your own research. *
- Price
- 7
- Condition
- 5
- Location
- 7
- Land
- 4
- Bedrooms
- 2
- Bathrooms
- 1
- Sqft (est)
- 780.00
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Metrics Year-on-Year
- Average area value
- 607,500.00 £Increased by 4.15 %
- Est sale value
- 705,120.00 £Increased by 164.33 %
- Average area rental value
- 1,328.00 £/moDecreased by 13.15 %
- Est letting value
- 780.00 £/mo
- Est rental Yield
- 2.62 %Decreased by 16.83 %
- Crime Rate
- 20.00 %Unchanged by 0.00 %
Agent Activity
Connells created the listing.
Nearby Schools
| Name | Type | Ofsted | Distance |
|---|---|---|---|
| Newcroft Primary Academy | Academy Converter | 0.43 KM | |
| St Botolph'S Church Of England Primary School | Voluntary Controlled School | Good | 1.27 KM |
| Iveshead School | Community School | Good | 1.28 KM |
| Oakfield School | Pupil Referral Unit | Good | 1.29 KM |
| Saint Winefride'S Catholic Voluntary Academy, Shepshed, Leicestershire | Academy Converter | Good | 1.49 KM |
Images
Nearby Streets
| Name | Average Price | Average Sqft | Distance |
|---|---|---|---|
| Park Avenue | £ 215,000 | 0 | 0.00 KM |
| Ashby Road East | £ 0 | 0 | 0.00 KM |
| Brookside Close | £ 358,950 | 0 | 0.00 KM |
| Coach Road | £ 0 | 0 | 0.00 KM |
| Deacon Close | £ 0 | 0 | 0.00 KM |
Nearby Transport
| Name | NLC | TLC | Distance |
|---|---|---|---|
| Loughborough | 1897 | LBO | 9.91 KM |
Nearby Listings
| Address | Price | Type | Score | Distance |
|---|---|---|---|---|
| 225 Fairway Road South, Shepshed, Loughborough, Leicestershire LE12 9HA | £ 73,000 | BUY | 6 / 10 | 0.05 KM |
| Trueway Drive South, Shepshed | £ 167,500 | BUY | 6 / 10 | 0.06 KM |
| 228 Fairway Road South, Shepshed, Leicestershire, LE12 9BQ | £ 69,000 | BUY | Unknown | 0.07 KM |
| Pennine Close, Shepshed, Loughborough | £ 130,000 | BUY | 4 / 10 | 0.12 KM |
| Nook Close, Shepshed, Loughborough | £ 87,500 | BUY | Unknown | 0.14 KM |
Nearby Properties
| Address | Price | Distance |
|---|---|---|
| 235 Fairway Road South | £ 120,000 | 0.01 KM |
| 231 Fairway Road South | £ 107,000 | 0.01 KM |
| 257 Fairway Road South | £ 155,000 | 0.01 KM |
| 213 Fairway Road South | £ 75,000 | 0.01 KM |
| 201 Fairway Road South | £ 60,000 | 0.01 KM |