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George Street, Loughborough

East Midlands

£160,000
Listed on 01/12/2025

Property Details

Bedrooms
2
Type
Terraced house
Area
869 sqft

Description

This Victorian mid-terraced house, nestled in a sought-after area close to Ashby Road, presents a solid investment opportunity. While the property boasts essential features such as gas central heating and UPVC double glazing, it is in need of modernisation and upgrades to fully unlock its potential. The layout includes a lounge, dining room, kitchen, upstairs landing leading to two double bedrooms, and a bathroom equipped with a separate shower cubicle. A good-sized rear garden adds to the charm, complete with shared access for convenience. Its strategic location provides easy access to both the University Campus and the town centre, making it an ideal option for investors or those looking for student accommodation (subject to necessary permissions). This property is available with no chain, offering a straightforward purchase process.

Investment Analysis

(LE11 area)

Below Market Value

This property is priced -31.6% below area average per sq ft

-31.6%
Potential saving
This Property
£184/sq ft
Area Average
£269/sq ft
Avg Rent (weekly)
£365
Avg Yield
7.7%

Renovation Potential

Medium Refurb
Est. Renovation Cost
£20,000 - £35,000
Target Value
£257,233
10% above area average per sq ft
Potential ROI
+31.9%
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

George Street, Loughborough
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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
£586
Based on a loan of £120,000 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