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Leconfield Road, Loughborough, Leicestershire, LE11

East Midlands

£290,000
Listed on 30/04/2026

Property Details

Bedrooms
2
Type
Detached
Area
1043 sqft

Description

This property presents an intriguing opportunity for renovation enthusiasts and investors, located in the East Midlands. With two bedrooms, it offers a solid foundation for those looking to develop a personal touch or create rental potential. The sale is conducted through a modern auction method, allowing the buyer to secure the property efficiently within a specified timeline, making it an appealing option for both homebuyers and investors alike. Interested parties are encouraged to inspect the property thoroughly before bidding, particularly if financing is required. While the property may require updates—ranging from cosmetic enhancements to more extensive refurbishments—its strategic location hints at strong investment prospects. Keep in mind that all bids are subject to a reservation fee, which will be deducted from your final purchase price, along with applicable Stamp Duty considerations. This transparency in costs helps streamline your budgeting before making any commitments.

Investment Analysis

(LE11 area)

Above Market Value

This property is priced +3.6% above area average per sq ft

+3.6%
This Property
£278/sq ft
Area Average
£268/sq ft
Avg Rent (weekly)
£275
Avg Yield
5.6%

Renovation Potential

Medium Refurb
Est. Renovation Cost
£15,000 - £30,000
Target Value
£307,993
10% above area average per sq ft
Potential ROI
-3.8%
After renovation
Note: Renovation cost estimates are AI-generated based on property location and general characteristics, and may not reflect actual costs.
Monthly Sales
59
Average per month
Market Turnover
18%
Properties sold annually

Local Market Trend (LE11)

Area prices are rising by +4.3% over the last 12 months
3 year growth: -0.4%
5 year growth: +11.4%
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

Leconfield Road, Loughborough, Leicestershire, LE11
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Mortgage Calculator

£
£
£
%
%
years

Current average 2-year fixed rate is 3.97%

Current average variable rate is 6.59%

Monthly Repayments
£1,035
Based on a loan of £217,500 over 30 years at 3.97% 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.

Stamp Duty Calculator

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