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Kings Avenue, Loughborough

East Midlands

£189,950
Listed on 07/12/2025

Property Details

Bedrooms
3
Type
Semi-detached house
Area
829 sqft

Description

This semi-detached, bay-fronted property presents a promising opportunity for those with a vision for modernization. Nestled against the scenic backdrop of the Grand Union Canal, the house features a layout that includes three bedrooms, a dining kitchen, and both a shower room and bathroom spread across two levels. While the home benefits from UPVC double glazing and gas central heating, it requires updating to unlock its full potential. The generous rear garden not only offers space for outdoor living but also boasts direct access to the tranquil canal—perfect for creating a serene retreat or entertaining area. Located just a short walk from Loughborough's town centre and train station, which provides convenient links to London St. Pancras, this property is ideally positioned for families or investors looking to capitalize on the area's growing appeal. With nearby amenities enhancing its charm, this is an inviting prospect for those ready to invest in renovations.

Investment Analysis

(LE11 area)

Below Market Value

This property is priced -14.9% below area average per sq ft

-14.9%
Potential saving
This Property
£229/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
£245,392
10% above area average per sq ft
Potential ROI
+6.7%
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

Kings Avenue, 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
£696
Based on a loan of £142,462 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