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Cromwell Drive, Loughborough

East Midlands

£280,000
Listed on 30/04/2026

Property Details

Bedrooms
4
Type
Detached
Area
978 sqft

Description

This four-bedroom property presents an exciting opportunity for those looking to invest in a home with substantial renovation potential. Ideally situated within half a mile of the village centre, residents can enjoy convenient access to a variety of local amenities, including a doctor’s surgery, pharmacy, and multiple dining options. The well-regarded primary and secondary schools nearby enhance the appeal for families. Commuters will benefit from easy connections to Loughborough, Nottingham, Derby, and Leicester via road and regular bus services, as well as mainline rail links from East Midlands Parkway and Loughborough stations. The home's layout includes an L-shaped living/dining area that could be reconfigured for modern living, along with a kitchen waiting for an update to meet contemporary tastes. A sizable rear garden provides privacy and potential for landscaping or outdoor use enhancements. Additionally, the single garage with electric roller door access adds practicality to the property. With comprehensive refurbishment, this home could transform into a desirable residence in a sought-after area.

Investment Analysis

(LE12 area)

Below Market Value

This property is priced -4.8% below area average per sq ft

-4.8%
Potential saving
This Property
£286/sq ft
Area Average
£301/sq ft
Avg Rent (weekly)
£219
Avg Yield
3.6%

Renovation Potential

Medium Refurb
Est. Renovation Cost
£25,000 - £40,000
Target Value
£323,439
10% above area average per sq ft
Potential ROI
+1.1%
After renovation
Note: Renovation cost estimates are AI-generated based on property location and general characteristics, and may not reflect actual costs.
Monthly Sales
87
Average per month
Market Turnover
13%
Properties sold annually

Local Market Trend (LE12)

Area prices are stable by +0.8% over the last 12 months
3 year growth: +0.4%
5 year growth: +13.1%
Investment Disclaimer: Analysis based on LE12 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

Cromwell Drive, Loughborough
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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
£999
Based on a loan of £210,000 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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