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King Edward Road, Loughborough

East Midlands

£160,000
Listed on 11/03/2026

Property Details

Bedrooms
3
Type
Terraced house
Area
839 sqft

Description

This mid-terraced three-bedroom property represents a compelling opportunity for investors, developers, or those seeking a renovation project. The layout includes a welcoming hallway leading to a spacious lounge and convenient kitchen diner on the ground floor. Upstairs, you'll find three bedrooms alongside a family shower room. Outdoors, the sizeable rear garden offers prospects for landscaping or potential extensions, pending necessary permissions. The property is in need of comprehensive modernization and improvement, which provides an excellent chance to enhance its value significantly. Post-renovation, it could yield an estimated rental income of around £1,150 per month, reflecting a robust projected yield of approximately 8.6%. Alternatively, the property could be resold for an anticipated value between £230,000 and £240,000 after upgrades. This home not only has the potential to become a profitable investment but also offers ample space for comfortable family living once restored.

Investment Analysis

(LE11 area)

Below Market Value

This property is priced -28.7% below area average per sq ft

-28.7%
Potential saving
This Property
£191/sq ft
Area Average
£267/sq ft
Avg Rent (weekly)
£332
Avg Yield
6.8%

Renovation Potential

Heavy Refurb
Est. Renovation Cost
£30,000 - £50,000
Target Value
£246,737
10% above area average per sq ft
Potential ROI
+17.5%
After renovation
Note: Renovation cost estimates are AI-generated based on property location and general characteristics, and may not reflect actual costs.
Monthly Sales
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

King Edward Road, Loughborough
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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
£577
Based on a loan of £120,000 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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