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Fairmeadows Way, Loughborough

East Midlands

£379,950
Listed on 07/12/2025

Property Details

Bedrooms
4
Type
Detached house
Area
1291 sqft

Description

Nestled in a pleasant setting opposite green space, this 4-bedroom detached house offers a promising opportunity for renovation. Located in a sought-after neighbourhood near Woodbrook Secondary School and Outwoods Edge Primary School, the property's layout features a hallway, w/c, lounge, dining room, kitchen, and utility room on the ground floor. The upper level comprises four bedrooms, including an en-suite and family bathroom. Outside, you'll find parking for two vehicles, a garage, and gardens at both the front and rear. This home presents significant potential for modernization to enhance its appeal and functionality while being competitively priced to reflect its current condition.

Investment Analysis

(LE11 area)

Above Market Value

This property is priced +9.4% above area average per sq ft

+9.4%
This Property
£294/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
£382,149
10% above area average per sq ft
Potential ROI
-9.0%
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

Fairmeadows Way, 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
£1,392
Based on a loan of £284,962 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