Fairway Road South, Shepshed, Loughborough
CO

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

The heatmap indicates the level of crime in the area. The color of the heatmap indicates the crime severity and recency.

Metrics Year-on-Year

Average area value
607,500.00 £
Increased by 4.15 %
from 583,319.00 £
Est sale value
705,120.00 £
Increased by 164.33 %
from 266,760.00 £
Average area rental value
1,328.00 £/mo
Decreased by 13.15 %
from 1,529.00 £/mo
Est letting value
780.00 £/mo
from 0.00 £/mo
Est rental Yield
2.62 %
Decreased by 16.83 %
from 3.15 %
Crime Rate
20.00 %
Unchanged by 0.00 %
from 20.00 %

Agent Activity

  • Connells created the listing.

Nearby Schools

NameTypeOfstedDistance
Newcroft Primary AcademyAcademy Converter0.43 KM
St Botolph'S Church Of England Primary SchoolVoluntary Controlled SchoolGood1.27 KM
Iveshead SchoolCommunity SchoolGood1.28 KM
Oakfield SchoolPupil Referral UnitGood1.29 KM
Saint Winefride'S Catholic Voluntary Academy, Shepshed, LeicestershireAcademy ConverterGood1.49 KM

Images

Nearby Streets

NameAverage PriceAverage SqftDistance
Park Avenue £ 215,00000.00 KM
Ashby Road East £ 000.00 KM
Brookside Close £ 358,95000.00 KM
Coach Road £ 000.00 KM
Deacon Close £ 000.00 KM

Nearby Transport

NameNLCTLCDistance
Loughborough1897LBO9.91 KM

Nearby Listings

AddressPriceTypeScoreDistance
225 Fairway Road South, Shepshed, Loughborough, Leicestershire LE12 9HA £ 73,000BUY6 / 100.05 KM
Trueway Drive South, Shepshed £ 167,500BUY6 / 100.06 KM
228 Fairway Road South, Shepshed, Leicestershire, LE12 9BQ £ 69,000BUYUnknown0.07 KM
Pennine Close, Shepshed, Loughborough £ 130,000BUY4 / 100.12 KM
Nook Close, Shepshed, Loughborough £ 87,500BUYUnknown0.14 KM

Nearby Properties

AddressPriceDistance
235 Fairway Road South £ 120,0000.01 KM
231 Fairway Road South £ 107,0000.01 KM
257 Fairway Road South £ 155,0000.01 KM
213 Fairway Road South £ 75,0000.01 KM
201 Fairway Road South £ 60,0000.01 KM