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Mildenhall Road, Loughborough, Leicestershire - Image 1
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Mildenhall Road, Loughborough, Leicestershire

East Midlands

£240,000

Listed on 01/07/2026

Property details

Bedrooms
3
Type
Semi Detached
Area
1133 sqft

Description

This three-bedroom semi-detached property in a desirable area of Loughborough presents an attractive opportunity for renovation and investment. The home features spacious living areas, including a light-filled living room with a bay window and an inviting fireplace, as well as a fitted kitchen that opens to a conservatory overlooking the rear garden. This additional space can serve various functions, making it ideal for families or potential buyers looking to create a versatile home office environment. On the first floor, you will find three well-sized bedrooms and a modern family shower room. Externally, the property boasts off-road parking via a driveway and an enclosed garden that has promising potential for landscaping or outdoor entertaining enhancements. There's also scope for expansion subject to planning permissions—an enticing prospect for those wishing to customize the layout further. Situated close to local amenities, schools, and transport links, this property is well-positioned for both family living and investment appeal, especially for those connected to Loughborough University. Overall, this home offers significant potential to modernize while adding value over time.

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Investment analysis

(LE11 area)

Below Market Value

This property is priced -21.6% below area average per sq ft

-21.6%
Potential saving
This Property
£212/sq ft
Area Average
£270/sq ft
Avg Rent (weekly)
£248
Avg Yield
4.9%

Renovation Potential

Medium Refurb
Est. Renovation Cost
£18,000 - £30,000
Target Value
£336,937
10% above area average per sq ft
Potential ROI
+24.8%
After renovation
Note: Renovation cost estimates are AI-generated based on property location and general characteristics, and may not reflect actual costs.
Monthly Sales
41
Average per month
Market Turnover
11%
Properties sold annually

Local Market Trend (LE11)

Area prices are rising by +3.6% over the last 12 months
3 year growth: -2.2%
5 year growth: +10.1%
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

Mildenhall Road, Loughborough, Leicestershire
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Mortgage calculator

£
£
£
%
%
years

Current average 2-year fixed rate is 4.45%

Current average variable rate is 6.60%

Monthly Repayments
£907
Based on a loan of £180,000 over 30 years at 4.45% 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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