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Church Gate, Loughborough, LE11 1UE

East Midlands

£500,000
Listed on 27/03/2026

Property Details

Bedrooms
7
Type
Residential Development
Area
4019 sqft

Description

Situated in a prime pedestrianized shopping area of Loughborough, this freehold property offers significant investment potential with its three-story layout and accompanying detached barn. The main building has been partially refurbished, housing a spacious ground floor retail or office unit and two upper floors designed for high-quality office accommodation. The generous garden plot at the rear of the property is complemented by a notable two-storey Victorian structure that was originally built as a hosiery factory and more recently operated as a bakery. This empty building has pre-planning permission for two one-bedroom apartments, representing an excellent opportunity for redevelopment, pending any necessary planning consents. The ground floor features large display windows ideal for various commercial uses, with three meeting rooms, restrooms, and kitchenette facilities. The first floor offers a suite of offices equipped with modern safety systems, while the second floor includes additional office spaces. Beyond the primary structure lies an unexpectedly expansive urban garden that leads to the Victorian building. Although it requires renovation, it is in reasonable structural condition and holds immense potential for transformation into residential units or other commercial applications. With current rental agreements generating substantial income, this property stands out as a remarkable opportunity for investors looking to enhance their portfolio in Loughborough's thriving market.

Investment Analysis

(LE11 area)

Below Market Value

This property is priced -53.5% below area average per sq ft

-53.5%
Potential saving
This Property
£124/sq ft
Area Average
£267/sq ft
Avg Rent (weekly)
£332
Avg Yield
6.8%

Renovation Potential

Medium Refurb
Est. Renovation Cost
£60,000 - £100,000
Target Value
£1,181,928
10% above area average per sq ft
Potential ROI
+97.0%
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
59%
Properties sold annually

Local Market Trend (LE11)

Area prices are stable by +0.8% over the last 12 months
3 year growth: +2.2%
5 year growth: +12.3%
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

Church Gate, Loughborough, LE11 1UE
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Mortgage Calculator

£
£
£
%
%
years

Current average 2-year fixed rate is 4.06%

Current average variable rate is 6.81%

Monthly Repayments
£1,803
Based on a loan of £375,000 over 30 years at 4.06% 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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