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Cobden Street, Loughborough, Leicestershire, LE11 1AF

East Midlands

£295,000

Listed on 23/05/2026

Property Details

Bedrooms
4
Type
Retail Property (high Street)

Description

This sizeable terraced property presents a distinctive opportunity for those interested in renovation and development. Previously functioning as a butcher's shop, the building sits on a plot of 0.2 acres in the town centre, complete with rear vehicular access from Pinfold Jetty. The existing structure comprises three bedrooms and three reception rooms along with the former butcher's shop, which retains its original features and could be repurposed for various uses, subject to planning permissions. The layout includes an entrance hall leading to a lounge with a feature fireplace, a snug, and dining room providing access to both a lean-to garden room and an extensive cellar. The kitchen has basic fittings that could be modernised according to personal taste. On the first floor, there are three well-sized bedrooms, a bathroom, and a separate shower room. Additionally, there are two undeveloped rooms at the rear of the property that hold potential for further bedrooms or additional bathrooms within a larger renovation project. The attractive rear garden is complemented by numerous outbuildings that were once part of the property's operation as a butchers. These include various utility buildings ideal for storage or potential conversion to additional living spaces or workshops. Due to its central location near local amenities and transportation—being within walking distance of shops and train services—this property offers significant investment potential for residential or commercial redevelopment.

Investment Analysis

(LE11 area)
Area Average
£268/sq ft
Avg Rent (weekly)
£275
Avg Yield
5.6%

Renovation Potential

Medium Refurb
Est. Renovation Cost
£60,000 - £90,000
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

Cobden Street, Loughborough, Leicestershire, LE11 1AF
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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
£1,052
Based on a loan of £221,250 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

This calculation uses non-residential (land/commercial) tax rates.

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