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See how verdicts work5-bedroom property · LE67 8PA
For saleReduced £80k (−10.1%) on 21 JunListed 314 days
Opportunity summary
See Archie’s verdict, returns by strategy and what to check before viewing.
About
Set within an impressive plot approaching half an acre, on the edge of Coleorton, this striking detached barn conversion offers generous accommodation, versatility and convenience.
Accommodation • Having been thoughtfully designed, The Martins offers versatile accommodation arranged over two floors, extending to circa 2,800 sq.ft (gia).
• A broad and bright entrance hall sets the tone on arrival, with steps leading up to the superb open-plan lounge/dining room, complimented by dual-aspect windows to the front and rear and exposed roof trusses providing a characterful and attractive feature.
• The bespoke breakfast kitchen is fitted with a range of quality cabinetry and hosts integrated appliances including a dishwasher and oven, with separate space for a rangecooker.
The kitchen is complemented by a practical utility room having further cabinetry and appliance space, with there also being a separate cloakroom/WC.
• The ground floor hosts four bedrooms served by a four-piece family bathroom, with an inner hallway offering a sense of privacy between the living and sleeping areas.
A staircase rises to the first floor, which gives access to the principal bedroom suite, where vaulted ceilings, generous storage and a modern en-suite shower room create a superb space.
Gardens and grounds • The property enjoys excellent outdoor space, including two distinct garden areas.
A large patio extends from the main reception room, ideal for outdoor dining and entertaining, with there being a further lawned area having separate gated access, offering additional outdoor space to enjoy.
• There is ample off-road parking to the front of the property, together with an integral garage for vehicles or storage, which also features an access door to the rear.
• In all, the plot extends to around 0.46 acres.
Situation Coleorton is a highly favoured rural village surrounded by rolling North West Leicestershire countryside, National Forest walks and attractive neighbouring hamlets and villages.
Within easy reach are a selection of local pubs, a village primary school and excellent road connections via the A42 and A511, providing swift travel to Leicester, Nottingham, Derby, Birmingham as well as East Midlands Airport.
The historic market town of Ashby-de-la-Zouch is less than four miles away and offers a wide range of both retail and leisure amenities, in addition to a range of schooling options for all ages.
Fixtures and fittings All fixtures, fittings and furniture such as curtains, light fittings, garden ornaments and statuary are excluded from the sale. Some may be available by separate negotiation.
Services We understand the property to have mains electricity, water and drainage, with heating via an air source heat pump.
However, prospective purchasers are advised to make their own investigations regarding services.
None of the services or appliances, heating installations, plumbing or electrical systems have been tested by the selling agents.
The estimated fastest download speed currently achievable for the property postcode area is around 25 Mbps (data taken from on 04/12/2025).
Actual service availability at the property or speeds received may be different. We understand that the property is likely to have current mobile coverage (data taken from on 04/12/2025).
Please note that actual services available may be different depending on the particular circumstances, precise location and network outages.
Tenure The property is to be sold freehold with vacant possession upon completion. Method of sale The property is offered for sale by Private Treaty method.
However the vendor reserves the right to conclude the sale by an alternative method if required. Local Authority North West Leicestershire District Council Council Tax Band G.
Public rights of way, wayleaves and easements The property is sold subject to all rights of way, wayleaves and easements whether or not they are defined in this brochure.
Planning The selling agents will not provide advice/guidance on the planning history for the property/land. Interested parties are advised to make their own investigations.
It is assumed that enquiries have been satisfied, prior to an offer being made.
Anti Money Laundering Regulations (aml) In accordance with Anti Money Laundering Regulations (aml), we are required to request forms of identification and carry out due diligence on any parties connected to a successful offer.
Should an offer be made on behalf of a business/company, aml due diligence will also be necessary. Proof/source of funding must be supplied, prior to offer acceptance.
Plans and boundaries The plans within these particulars are based on Ordnance Survey data and provided for reference only. They are believed to be correct but accuracy is not guaranteed.
The purchaser shall be deemed to have full knowledge of all boundaries and the extent of ownership.
Neither the vendor nor the vendor’s agents will be responsible for defining the boundaries or the ownership thereof.
Covenants The property is sold subject to existing covenants, further details are available from the selling agents.
Access The property is served via a shared private driveway, over which there is a right of access. Viewings Strictly by appointment through Fisher German LLP.
Directions Postcode – LE67 8PA what3words – ///being.foreheads.overlooks
Value & comps
No previous sales on record.
Returns
Set an offer; the calculator follows it.
We're still gathering serviced-accommodation data for this area.
Archie refurb estimate: a Pro feature
0.0% below asking
This is not financial or investment advice. Prop AI Deals is not authorised by the Financial Conduct Authority (FCA) to provide investment advice.
All investment calculators, property analyses, and AI-generated insights are for informational purposes only. Property investment carries risk and may result in financial loss. All calculations should be independently verified and you should consult with FCA-authorised financial advisers before making any investment decisions.
Past performance does not guarantee future results. Tax implications vary by individual circumstances.
Deal
Properties like this can earn 2–3x BTL yields when converted to HMO, with retrofit costs around £10k/room. Sign in to see the full tier, yield projection, and cost breakdown.
Commercial properties like this can earn 30-50% higher yields when converted to residential under Class MA / Q / P / PA, with prior approval costing ~GBP 96/unit. Sign in to see the recommended route, yield uplift, and cost breakdown.
BRRR-suited properties can recycle 80-100% of investor capital on refi, leaving a high-yielding rental with most of the money out. Sign in to see the refurb cost stack, ARV projection, and refinance maths.
Detached + large garden = sub-division play. Pro tier unlocks the tier badge, plot size, uplift estimate, and regional land benchmark.
Short-lease flats trade at deep discount, but extending under the 1993 Act often costs far less than the discount. Pro tier unlocks the tier badge, premium breakdown, long-lease ARV and arbitrage maths.
See projected short-stay revenue vs a vanilla BTL for this property.
See real sub-let margins (HMO room rates & SA nightly rates) vs the landlord rent.
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FAQ
About The Martins,, Outwoods Lane, Coalville
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