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Park Road, Loughborough

East Midlands

£290,000
Listed on 02/05/2025

Property Details

Bedrooms
3
Type
Semi-detached house
Area
925 sqft

Description

This property presents an excellent opportunity for those looking to invest, renovate, or create a family home. With three bedrooms and versatile living spaces, it offers a solid foundation for future enhancements. The layout includes a family bathroom, ground floor W.C., a lounge, and a spacious kitchen/diner that can be easily reconfigured to meet modern needs. Situated near Loughborough Schools Foundation, this residence benefits from its close proximity to essential amenities such as supermarkets, shops, boutiques, pubs, and restaurants. The area is enriched by ample green spaces conducive to outdoor activities like walking and cycling, providing a pleasant environment for families and professionals alike. Transportation is convenient with regular bus services and Loughborough Railway Station nearby, offering direct routes to major cities like London and Edinburgh. For those commuting by car, both the M1 and A6 are easily accessible, while East Midlands Airport is just a short drive away. The property also features a converted loft room that adds flexibility to the living space. There is significant potential for expansion either to the side or rear (subject to planning permission), making this an appealing prospect for investors or buyers looking to increase their living space. Outside, the generously sized rear garden is beautifully landscaped with mature borders. It includes a tranquil area complete with a pond, decked seating space, wooden bridge, summerhouse, and storage facility—ideal for relaxation or entertaining guests. The front of the property offers ample parking with a driveway accommodating three vehicles along with an additional carport. This property not only meets current living standards but also holds considerable potential for personalization and enhancement in a desirable location.

Investment Analysis

(LE11 area)

Above Market Value

This property is priced +18.2% above area average per sq ft

+18.2%
This Property
£314/sq ft
Area Average
£265/sq ft
Avg Rent (weekly)
£238
Avg Yield
4.8%

Renovation Potential

Est. Renovation Cost
£29,000 - £72,500
10-25% of property value
Target Value
£269,790
10% above area average per sq ft
Potential ROI
-25.6%
After renovation
Monthly Sales
36
Average per month
Market Turnover
29%
Properties sold annually

Local Market Trend (LE11)

Area prices are stable by +0.1% over the last 12 months
3 year growth: 7.8%
5 year growth: 15.9%
Investment Disclaimer: Analysis based on LE11 area averages and may not reflect property-specific factors like condition, exact location, or unique features. 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

Park Road, Loughborough
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