This substantial ten-bedroom house in the heart of Loughborough offers a promising opportunity for investors looking to expand their portfolio or take on a renovation project. Located within the Golden Triangle and mere steps from the University and town centre, this property is currently licensed as a House in Multiple Occupation (HMO) since June 2020. Each bedroom comes with an ensuite shower room, promoting privacy and convenience for tenants, while five of the rooms are equipped with their own kitchen facilities. The layout spans three floors, including a cellar that provides additional storage space and potential for further development in the loft area, subject to planning consent.
The ground floor features four bedrooms—two self-contained with kitchens, and two sharing access to a communal kitchen. The first floor hosts six ensuite bedrooms, with three connected to shared kitchen spaces. Current occupancy guarantees an annual income of £52,000 inclusive of bills for the academic year 2022/23.
There’s also outdoor space comprising a gated carport which could be converted into off-road parking or additional living space, depending on local regulations. A workshop at the back is fitted with three-phase electrics and water facilities, offering possible avenues for further rental income or commercial use.
Overall, this property holds significant value for those willing to invest in enhancements that could increase attractiveness to students and professionals alike.
