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£600,000

Development Opportunity, Rearsby, Leicestershire

Bedrooms
4
Bathrooms
1

Key Features

  • Outstanding Development Opportunity
  • Full Planning Permission
  • Conversion of Former Blue Lion Pub
  • Erection of a Detached Bungalow
  • Central Village Position
  • Application No P/25/0640/2
  • House GIA 2,061 sq ft
  • Bungalow GIA 1,155 sq ft
  • Associated Parking Provisions
  • No Upward Chain

Description

** DEVELOPMENT OPPORTUNITY WITH FULL PLANNING PERMISSION ** A unique opportunity at the heart of this much sought after Wreake Valley village, to convert the former Blue Lion Public House into a prestigious detached residence occupying a prominent position. There is also Full Planning Permission for the erection of a detached bungalow to the rear of the plot. Full details can be found on the Charnwood Borough Council planning portal under application number P/25/0640/2 along with details of conditions.

Plot 1 - Plot 1 is the conversion of the former Blue Lion Public House into a prestigious home, with accommodation in brief comprising 4 bedrooms, 3 bathrooms and 2 reception rooms, along with Living/Dining Kitchen, Utility Room and W/.c. There is a Gross Internal Area of 191.5 square meters (2,061 square feet) according to the plans which can be viewed in full on the Charnwood Borough Council Planning Portal.
The plans show two parking spaces on a driveway to the front of the property, a garage to the left hand side and a private rear garden approx 10m deep.

Plot 2 - Plot 2 is for the erection of a luxury detached bungalow with 3 bedrooms, 2 bathrooms, kitchen diner and utility room. There is a Gross Internal Area of 107.3 square meters (1,155 square feet)
The plans show a private driveway with three parking spaces to the front of the property and a private side garden of approx 14m.

Note For Intending Purchasers - We advise purchasers to avail themselves of the information available on the Charnwood Borough Council Planning Portal, the web link is available upon request to the agent, or can be found by searching for Planning Application Number P/25/0640/2 - We invite unconditional offers for the property, viewings are available upon request and are to be accompanied by a member of our staff. The anticipated values for the finished properties are in the region of £800,000 for the house and £600,000 for the bungalow subject to finish and market conditions at the time of sale.

History Of The Blue Lion - The Blue Lion is a much loved village landmark, with a long association with the community of Thrussington and the traditional English country pub. For many years, the property was owned and operated by Marston’s Brewery, welcoming generations of local residents, visitors and passing trade through its doors.

Perhaps one of its most memorable chapters was the tenure of Bob and Mandy Gisborne, who ran The Blue Lion for around 30 years before their retirement in 2017. Their long stewardship reflects the important place the pub once held at the heart of village life – a place for a quiet drink, a catch-up with friends, celebrations and the sharing of local stories.

The Blue Lion has since passed through several hands and offers an exciting opportunity, with its village setting, established identity and history woven into Thrussington life, The Blue Lion offers the rare opportunity to breathe new life into a characterful piece of the village’s story.

The Area - A highly sought after and well regarded village containing a number of attractive character properties. There is a primary school, active local community from the village hall, deli café and The Star Public House/restaurant. The village is conveniently located for access to Leicester Loughborough and Melton Mowbray with the A46 a short distance away. Combining a traditional village setting with practical amenities, Thrussington provides a desirable residential location Ideal for families and those seeking an 'escape to the country' whilst still maintaining easy access to facilities.

Extra Information - •Identification and Proof of Funding Required – All Vendors and Purchasers must provide proof of identity in line with The Money Laundering, Terrorist Financing and Transfer of Funds Regulations 2017. We will provide an online link or ask for physical evidence. We must see evidence of funding, either before a viewing, or at the point of an offer being made or accepted.
•Accuracy of Details – All descriptions, measurements, and floor plans are for guidance only and should not be relied upon as statements of fact.
•Services & Appliances – These have not been tested; buyers should commission their own surveys or reports.
•Legal Verification – All information is provided in good faith, from online sources and our Vendors and must be confirmed by the buyer’s solicitor before agreeing to purchase.
•DMCC Act 2024 – We are committed to providing all material information to assist buyers in making informed decisions.
•Offers & Contracts – These particulars do not form part of any contract or offer. Fixtures and Fittings are by separate negotiation. Please ask a member of the team if you want to check if an item is to be included in the sale.
•Flood Risk and Mobile Phone Signal - To check the Internet and Mobile coverage you can use the following link: gb/broadband-coverage
•To check any Flood Risks you can use the following link: risk.service.gov.uk/postcode
•Can you recommend a Solicitor? – Yes, We can recommend a number of local solicitors who we believe look after our clients, Speak to a member of our team and we can put you in touch with a solicitor for a ‘no obligation’ quote.
•Can you recommend a Mortgage Advisor – Yes, We work closely with Ben York, of Chamelo Mortgages, who looks after our clients! Ask a member of the team to arrange an appointment or call for you.
•Can you help me to sell my property? – Yes, Richard can provide an up to date valuation and market appraisal of your property, ask a member of the team and we will book an appointment for you.

Map Location

Property details

Tenure
Freehold
Council Tax Band
TBC
Date Posted
2026-09-17

Utilities & Restrictions

Utilities

Electricity
Mains
Water
Mains
Heating
Gas Central Heating
Broadband
Ask Agent
Sewerage
Mains

Rights & Restrictions

Public Rights of Way
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Private Rights of Way
Ask Agent
Listed Property
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Restrictions
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Listed status, conservation areas and planning constraints for this location are in the full report.

Property Features

Accessibility
Ask Agent
Parking
Off-Street Parking
Garden
Garden

Beyond the particulars: planning activity, flood history, heritage and ground risks, checked for this exact spot.

Connectivity

Broadband

Fastest speed available at this postcode

1.8 Gbps

Gigabit full fibre

Suitable for

  • 4K streaming on every screen
  • Full-time home working
  • Online gaming & big downloads

Mobile signal

CallsDataEE Good GoodO2 Good GoodThree Good GoodVodafone Good Good

Outdoor predictions; indoor signal depends on building materials.

Ofcom Connected Nations postcode-level predictions. Speeds and signal are modelled, not measured, and vary between addresses and providers.

Signal is the easy part. Planning activity, flood history and protected designations here are in the full report.

Nearest Schools

Primary

  • Thrussington Church of England Primary School175 metresOfsted: Good
    Ages
    5 to 11
    Pupils
    99
    Type
    Academy converter
    Faith
    Church of England
  • St Michael & All Angels Church of England Primary School0.9 milesOfsted: Good
    Ages
    5 to 11
    Pupils
    72
    Type
    Academy converter
    Faith
    Church of England
  • Broomfield Community Primary School1.6 milesOfsted report card · Apr 2026
    Ages
    4 to 11
    Pupils
    194
    Type
    Academy converter
  • Queniborough Church of England Primary School2.2 milesNo Ofsted rating
    Ages
    4 to 11
    Pupils
    200
    Type
    Academy converter
    Faith
    Church of England
  • Seagrave Village Primary School2.3 milesOfsted: Good *
    Ages
    4 to 11
    Pupils
    97
    Type
    Academy converter

Secondary

  • Wreake Valley Academy2.5 milesOfsted report card · Apr 2026
    Ages
    11 to 18
    Pupils
    1,148
    Type
    Academy converter
  • The Roundhill Academy4 milesOfsted: Requires improvement
    Ages
    11 to 16
    Pupils
    686
    Type
    Academy converter
  • The Cedars Academy4.8 milesNo Ofsted rating
    Ages
    11 to 18
    Pupils
    985
    Type
    Academy converter
  • Humphrey Perkins School4.8 milesOfsted: Good *
    Ages
    11 to 16
    Pupils
    863
    Type
    Academy converter
  • Rawlins5.5 milesOfsted: Requires improvement *
    Ages
    11 to 18
    Pupils
    1,455
    Type
    Academy converter
    Faith
    Church of England

* Latest graded judgement covers quality of education only; no overall grade was issued under the 2024-25 inspection framework.

Distances are straight-line from the advertised location. Source: the national school registers (DfE, Welsh Government, Scottish Government) and Ofsted.

Schools are just the start: sold prices nearby, planning activity and any flood history are in the full report.

Amenities

Supermarket

Morrisons Daily Leicester East Goscote, East Goscote1.6 miles
M&S Branston BP, Queniborough2.3 miles
Morrisons Daily Sileby Swan Street, Sileby2.7 miles

GP surgery

Dr Mk Lakhani'S Practice2.5 miles

Pharmacy

Your Pharmacy1.6 miles

Hospital

Melton Mowbray Hospital7.2 miles

Straight-line distances from the advertised location. Sources: NHS records, Geolytix supermarket locations, OS Open Greenspace and the national trails registers.

The area stacks up? Now check the location itself: planning nearby, protected designations and past flooding.

Getting Around

Nearest station

Sileby Rail Station2.9 miles

Nearest bus stop

Blue Lion11 metres

Typical drive times

Syston7 min · 4.6 miles
Cotgrave17 min · 14 miles
Loughborough16 min · 9 miles
Melton Mowbray14 min · 7.7 miles
Leicester (city)18 min · 11 miles

Straight-line distances from the advertised location; drive times are typical free-flow times over OpenStreetMap road data, so allow more at peak. Public transport locations from DfT NaPTAN.

Easy to reach matters. So do planning activity, flood history and ground risks: all in the full report.

Flood Risk

From Environment Agency flood map open data, checked around the advertised map pin and allowing for the listed acreage where known. This summary comes from LandSale, the advertising platform, not from the listing agent, and is not part of the agent's particulars. Risk can vary across a single holding, so verify anything critical through your own searches before committing.

Rivers and the sea

Flood Zone 3Higher risk

Mapped within the area searched, not at the advertised map pin itself.

Surface water

A 1 in 30 or greater chance each yearHigher risk

Mapped within the area searched, not at the advertised map pin itself.

These bandings are the summary. Where this location sits on the flood maps, plus planning activity, heritage and ground risks, is in the full report.

Important notice: Information, maps and tags on this page are drawn from the advertising agent's marketing materials or generated automatically. LandSale has not verified them. Relying on these details is at your own risk, always carry out independent checks before committing to a purchase.

Contact Richard Harrison Estate Agents & Valuers, Loughborough

16 Church Gate, Loughborough, LE11 1UD

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