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Outwoods Drive, Loughborough, LE11

East Midlands

£325,000
Listed on 08/10/2025

Property Details

Bedrooms
3
Type
Semi-detached house
Area
1407 sqft

Description

Situated in a highly sought-after neighborhood of Loughborough, this charming three-bedroom semi-detached house from the 1920s presents a unique opportunity for renovation and investment. Known for its picturesque surroundings and strong community spirit, Outwood Drive is home to characterful properties and benefits from a mature, expansive rear garden that enhances the sense of space. Upon entering, you will notice the traditional layout and well-sized rooms that preserve the essence of its era. This property offers an excellent platform for those looking to modernize, allowing for a blend of retaining period features while incorporating contemporary design elements. There is substantial potential for extension to both the side and rear (subject to planning permission), making it an ideal choice for those interested in creating additional living space. The standout feature of this property is undoubtedly the generous outdoor area. The established garden, rich with mature plants, provides not only privacy but also a vibrant backdrop for seasonal gatherings or tranquil moments spent outdoors. Its size offers versatility, accommodating everything from family barbecues to peaceful retreats. Families will value the home's location within the catchment area of Mountfields Lodge Primary School, one of Loughborough’s most desirable primary schools. Additionally, with easy access to town amenities, parks, shops, and efficient transport links, this location balances convenience with community living. This property represents a rare chance to invest in a well-established neighborhood where you can craft your ideal home through renovation. With thoughtful vision and some investment in updates, this 1920s semi-detached house has the potential to become not just a residence but a cherished forever home. The property features part uPVC double glazing and gas central heating powered by a conventional boiler located in the kitchen. A walk-in airing cupboard adds utility alongside additional storage options offered by the cellar accessed via the rear porch. This freehold property is ready for new owners to bring their style and creativity into this delightful home.

Investment Analysis

(LE11 area)

Below Market Value

This property is priced -14.2% below area average per sq ft

-14.2%
Potential saving
This Property
£231/sq ft
Area Average
£269/sq ft
Avg Rent (weekly)
£365
Avg Yield
7.7%

Renovation Potential

Medium Refurb
Est. Renovation Cost
£25,000 - £40,000
Target Value
£416,486
10% above area average per sq ft
Potential ROI
+14.1%
After renovation
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

Outwoods Drive, Loughborough, LE11
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Mortgage Calculator

£
£
£
%
%
years

Current average 2-year fixed rate is 4.19%

Current average variable rate is 6.78%

Monthly Repayments
£1,191
Based on a loan of £243,750 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