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Windmill Rise, Loughborough, Leicestershire

East Midlands

£250,000
Listed on 29/12/2025

Property Details

Bedrooms
2
Type
Semi-detached house
Area
1037 sqft

Description

Situated in a tranquil cul-de-sac within the inviting village of East Leake, this spacious bungalow offers significant renovation potential for those looking to imprint their personal style on a well-maintained property. The welcoming central hallway leads to a generously sized living room, perfect for both relaxation and social gatherings, enhanced by large windows that invite natural light. This room seamlessly connects to a conservatory, providing an ideal space for enjoying views of the garden, whether over breakfast or with a good book in the evenings. The kitchen features classic white cabinetry and provides practical workspace, although it presents an opportunity for modernisation. The two bedrooms offer ample accommodation; the main bedroom is particularly spacious, while the second can serve various purposes as a guest room, child's room, or home office. The bathroom is neutrally tiled and features essential fixtures including a bath and basin, allowing for straightforward personal upgrades. East Leake is known for its vibrant community and offers a variety of local amenities from shops to schools, making it highly desirable in terms of convenience and lifestyle. It also boasts excellent transport links to nearby towns such as Loughborough and Nottingham via major roads and the East Midlands Parkway train station. For outdoor enthusiasts, the surrounding countryside is rich with walking paths and picturesque scenery. This property stands as an excellent investment opportunity for buyers eager to make enhancements that reflect their tastes while benefiting from the area's charm.

Investment Analysis

(LE12 area)

Below Market Value

This property is priced -18.6% below area average per sq ft

-18.6%
Potential saving
This Property
£241/sq ft
Area Average
£296/sq ft
Avg Rent (weekly)
£234
Avg Yield
3.9%

Renovation Potential

Medium Refurb
Est. Renovation Cost
£25,000 - £40,000
Target Value
£337,989
10% above area average per sq ft
Potential ROI
+16.5%
After renovation
Note: Renovation cost estimates are AI-generated based on property location and general characteristics, and may not reflect actual costs.
Monthly Sales
72
Average per month
Market Turnover
15%
Properties sold annually

Local Market Trend (LE12)

Area prices are rising by +4.3% over the last 12 months
3 year growth: 2.6%
5 year growth: 20.7%
Investment Disclaimer: Analysis based on LE12 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

Windmill Rise, Loughborough, Leicestershire
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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
£916
Based on a loan of £187,500 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