Griffin Close, Shepshed, Loughborough
East Midlands
£70,000
Listed on 15/09/2026
Listed on 15/09/2026
The listing
Property details
Bedrooms
2Type
FlatFeatures
- Garage
Description
This two-bedroom top-floor apartment in a residential development in Shepshed offers scope for updating. The accommodation comprises an entrance, a spacious living area, a fitted kitchen, two bedrooms and a bathroom. Its upper-floor position provides a degree of privacy and pleasant views.
The apartment is set among established communal grounds and includes a garage. Local shops, schools and other amenities are nearby, with road connections to Loughborough, Leicester, Derby and the M1. The property is leasehold, with 82 years remaining, a stated ground rent of £10 per year and a maintenance charge of £1,847 per year. Lease and charge details should be checked during conveyancing.
WHOTS analysis
Our WHOTS verdict
An internal assessment of the opportunity to acquire, improve and create value.
49out of 100
Grade ELow opportunity
Confidence: LOW
This is a light-refresh project rather than a major renovation: the photographed rooms look usable, with older finishes offering scope to update the décor and flooring at your own pace. The spacious living area, top-floor position, garage and established communal grounds give the two-bedroom flat some appealing features to work with.
The score is held back by incomplete value data, not a finding that the flat is overpriced: floor area is missing, so its value against local £/sqf cannot yet be judged. The 82-year lease and annual maintenance charge are worth checking carefully alongside the flat’s condition.
Key opportunities
- Refresh the older decorative finishes and flooring in the photographed living area and bedroom.
- Make the most of the spacious living area and top-floor position.
- The garage and established communal grounds add useful features beyond the flat itself.
Key risks
- The 82-year lease and £1,847 annual maintenance charge need careful review and verification.
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Transport
Nearest stations
Loughborough (Leics) Rail Station
4.5 miles
Train · Loughborough
Barrow upon Soar Rail Station
6.7 miles
Train · Barrow-upon-Soar
East Midlands Parkway Rail Station
6.8 miles
Train · Ratcliffe on Soar
Long Eaton Rail Station
8.2 miles
Train · Long Eaton
Contains public sector information from NaPTAN (DfT) licensed under the Open Government Licence v3.0.
Finance
Mortgage calculator
Illustrative repayments based on the asking price, not a mortgage offer.
£
£
£
%
%
years
Current average 2-year fixed rate is 5.13%
Current average variable rate is 6.58%
Monthly Repayments
£286
Based on a loan of £52,500 over 30 years at 5.13% 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.
Tax
Stamp duty calculator
Indicative tax based on the asking price and the options you select.
Pricing
Price history
-12.5% since listed
£70,000£5,000(-6.7%)
15/10/2026£75,000£5,000(-6.3%)
19/09/2026£80,000Initial listing
15/09/2026Services
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