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Park Road, Loughborough

East Midlands

£260,000

Listed on 28/05/2026

Property Details

Bedrooms
3
Type
Terraced
Area
1708 sqft

Description

This mid-terraced period property presents a promising renovation opportunity for those looking to create their ideal home in a desirable Loughborough location. Spanning three floors, with the added benefit of a cellar, the layout is generous and offers multiple options for configuration. The house boasts three well-sized reception rooms, an adjoining kitchen with potential for modernisation, and three bedrooms, including a spacious loft room that could serve as a principal suite or versatile workspace. The ground floor welcomes you with a hallway leading to distinct reception areas—each brimming with character thanks to high ceilings and traditional fireplaces. The kitchen opens into the garden area, which can be enhanced into an inviting outdoor retreat. On the first floor, two double bedrooms are complemented by a family bathroom that could be refreshed, while the second-floor loft bedroom offers striking natural light and considerable space. Outside, the lengthy rear garden holds promise for landscaping improvements to boost both enjoyment and property value. With on-street parking available, this home stands as an ideal project for investors or buyers eager to inject their personal touch.

Investment Analysis

(LE11 area)

Below Market Value

This property is priced -43.3% below area average per sq ft

-43.3%
Potential saving
This Property
£152/sq ft
Area Average
£268/sq ft
Avg Rent (weekly)
£275
Avg Yield
5.6%

Renovation Potential

Medium Refurb
Est. Renovation Cost
£30,000 - £50,000
Target Value
£504,364
10% above area average per sq ft
Potential ROI
+62.7%
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

Park Road, 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
£928
Based on a loan of £195,000 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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