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Forest Road, Loughborough

East Midlands

£460,000
Listed on 30/12/2025

Property Details

Bedrooms
5
Type
Semi-detached house

Description

This distinctive property is set on a substantial garden plot in Loughborough, offering significant potential for both residential living and future development. Spanning two floors, the accommodation includes five spacious bedrooms, three bathrooms, and two kitchens—providing ample space for family living or conversion into a House in Multiple Occupation (HMO), contingent on planning permissions. With features such as a large principal reception room with a feature fireplace, multiple access points to the expansive garden, and the possibility for additional building at the rear, this property invites creative renovation ideas. The existing layout can be tailored to accommodate multi-generational living arrangements or enhance its appeal to investors. The house benefits from gas central heating and is predominantly double-glazed. The outdoor area boasts parking for several vehicles, alongside a mature garden that adds charm and could further increase value through landscaping enhancements or extensions. This is an opportunity not just to refurbish but to truly reimagine the space according to contemporary needs.

Investment Analysis

(LE11 area)
Area Average
£267/sq ft
Avg Rent (weekly)
£366
Avg Yield
7.4%

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
49
Average per month
Market Turnover
47%
Properties sold annually

Local Market Trend (LE11)

Area prices are stable by -0.3% over the last 12 months
3 year growth: +2.8%
5 year growth: +13.0%
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

Forest Road, Loughborough
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Mortgage Calculator

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£
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years

Current average 2-year fixed rate is 4.06%

Current average variable rate is 6.81%

Monthly Repayments
£1,659
Based on a loan of £345,000 over 30 years at 4.06% 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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