36 Russell Street, Loughborough, LE11 1BL
East Midlands
£90,000Guide Price
Listed on 25/10/2026
Listed on 25/10/2026
The listing
Property details
Bedrooms
2Type
TerracedArea
700 sqftFeatures
- Garden
Description
Offered at auction on 17 November 2026, this freehold two-bedroom terraced house is situated just outside Loughborough town centre, off Moor Lane and close to Cobden Primary School. The accommodation comprises two reception rooms, a kitchen, two bedrooms and a bathroom, with a cellar and a rear garden. Gas central heating and double glazing are stated, and the EPC rating is D.
The property requires complete modernisation, and the sale information notes evidence of structural movement. No pre-auction offers will be accepted. The sale is also subject to the buyer paying the seller's legal and auctioneer's fees. Prospective purchasers should review the legal documents and investigate the condition and movement concerns before bidding.
WHOTS analysis
Our WHOTS verdict
An internal assessment of the opportunity to acquire, improve and create value.
66out of 100
Grade CPotential opportunity
Confidence: MEDIUM
At £90,000, this two-bedroom terrace is priced at £129 per sq ft against a local average of £270, making the asking price a clear acquisition opportunity. It has two reception rooms, a cellar and a rear garden, with gas central heating and double glazing stated, but the visible condition points to a heavy, whole-interior project rather than a cosmetic refresh. The kitchen is particularly deteriorated, several rooms need floor and wall work, and the garden is heavily overgrown.
The listing also reports structural movement, which cannot be diagnosed from the photographs and needs professional investigation before proceeding. The asking-price advantage and solid project scope are reflected in the C-grade potential-opportunity score, but the movement and full-gut programme are important parts of the decision. This is being sold by auction: bidding can take the hammer above the guide, so the eventual price may not stay this cheap.
Key opportunities
- Rework the two reception rooms and two-bedroom layout as part of a full interior transformation, with the cellar adding useful project potential.
- Replace the deteriorated kitchen and refresh the dated bathroom to create a more cohesive finish.
- Clear and improve the overgrown rear garden, making better use of the outdoor space.
Key risks
- Reported structural movement needs professional investigation to establish its cause and repair scope.
- Marked floors and walls across several rooms, deteriorated kitchen finishes and the overall stripped-back condition mean a heavy interior rebuild and a longer programme, not a cosmetic refresh.
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Finance
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Illustrative repayments based on the asking price, not a mortgage offer.
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Current average 2-year fixed rate is 4.45%
Current average variable rate is 6.60%
Monthly Repayments
£340
Based on a loan of £67,500 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.
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