Worst House on the Street Logo
16 School Street, Loughborough, LE11 1BP - Image 1
16 School Street, Loughborough, LE11 1BP - Image 2
16 School Street, Loughborough, LE11 1BP - Image 3
16 School Street, Loughborough, LE11 1BP - Image 4
16 School Street, Loughborough, LE11 1BP - Image 5
16 School Street, Loughborough, LE11 1BP - Image 6
16 School Street, Loughborough, LE11 1BP - Image 7
16 School Street, Loughborough, LE11 1BP - Image 8
16 School Street, Loughborough, LE11 1BP - Image 9
16 School Street, Loughborough, LE11 1BP - Image 10

16 School Street, Loughborough, LE11 1BP

East Midlands

£90,000
Listed on 19/10/2025

Property Details

Bedrooms
2
Type
Terraced house
Area
700 sqft

Description

This two-bedroom terrace property presents an excellent opportunity for renovation and investment, ideally situated near the town center. The location offers convenient access to local amenities, including shops, schools, and transport links, making it a practical choice for both homeowners and renters. The property includes double glazing and gas central heating, though it requires modernisation throughout. Investors or buyers looking to make a space their own will find ample potential to enhance the home's value. On the ground floor, you’ll find two reception rooms that provide flexible living spaces along with a kitchen area ready for updates. Upstairs, there are two bedrooms accompanied by a bathroom, offering a straightforward layout that can be reimagined to maximize functionality. The outdoor space includes a rear garden with shared side access, which could be revitalized as part of your renovation plans. Given the property's freehold status and its energy performance certificate rating of 61 (Band D), this home is not just an inviting project; it represents a solid investment in an area with growth potential. With strategic improvements, this property could cater well to market demands or serve as a lucrative rental in the future. A unique chance awaits those ready to craft something special in a desirable location.

Investment Analysis

(LE11 area)

Below Market Value

This property is priced -52.2% below area average per sq ft

-52.2%
Potential saving
This Property
£129/sq ft
Area Average
£269/sq ft
Avg Rent (weekly)
£365
Avg Yield
7.7%

Renovation Potential

Medium Refurb
Est. Renovation Cost
£15,000 - £25,000
Target Value
£207,207
10% above area average per sq ft
Potential ROI
+80.2%
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

16 School Street, Loughborough, LE11 1BP
Loading map...

Mortgage Calculator

£
£
£
%
%
years

Current average 2-year fixed rate is 4.19%

Current average variable rate is 6.78%

Monthly Repayments
£330
Based on a loan of £67,500 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.

Next Steps

Explore services to help you with this property purchase.

Need a mortgage for this property?

Explore personalised financing options tailored to this property

No obligation, free consultation

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