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Leopold Street, LOUGHBOROUGH

East Midlands

£650,000
Listed on 30/12/2025

Property Details

Bedrooms
10
Type
Terraced house

Description

This property presents a compelling opportunity for investors seeking a ten-bedroom HMO in the heart of Loughborough's Golden Triangle. Located within walking distance to both the University and the vibrant town centre, this residence has demonstrated strong rental performance, currently generating an annual income of £52,000. The layout includes ten bedrooms, each with its own ensuite shower room, while five rooms are equipped with kitchen facilities, enhancing their appeal for student rentals. The three-storey accommodation also features a cellar and the possibility of expanding into the loft space, pending planning consent. A gated carport currently used for bicycle storage could be reimagined into additional living space or parking options. Furthermore, there’s a large workshop at the rear with three-phase electrics and water supply, offering various development opportunities for further income streams. The property is fitted with gas central heating and smart technology for individual room climate control.

Investment Analysis

(LE11 area)
Area Average
£269/sq ft
Avg Rent (weekly)
£365
Avg Yield
7.7%

Renovation Potential

Medium Refurb
Est. Renovation Cost
£50,000 - £80,000
Note: Renovation cost estimates are AI-generated based on property location and general characteristics, and may not reflect actual costs.
Monthly Sales
52
Average per month
Market Turnover
19%
Properties sold annually

Local Market Trend (LE11)

Area prices are stable by +2.0% over the last 12 months
3 year growth: 3.9%
5 year growth: 15.5%
Investment Disclaimer: Analysis based on LE11 area averages and may not reflect property-specific factors like condition, exact location, or unique features. Any renovation cost estimates provided are AI-generated and should be considered indicative only. 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

Leopold Street, LOUGHBOROUGH
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Mortgage Calculator

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£
£
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years

Current average 2-year fixed rate is 4.19%

Current average variable rate is 6.78%

Monthly Repayments
£2,381
Based on a loan of £487,500 over 30 years at 4.19% interest

These results are estimates and are only intended as a guide. Make sure you obtain accurate figures from your lender before committing to any mortgage. Your home may be repossessed if you do not keep up repayments on a mortgage.

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YOUR HOME MAY BE REPOSSESSED IF YOU DO NOT KEEP UP REPAYMENTS ON YOUR MORTGAGE