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Land & Garage Off Albert Aveue, Sileby, Loughborough LE12 - Image 1
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Land & Garage Off Albert Aveue, Sileby, Loughborough LE12

East Midlands

£80,000
Listed on 19/11/2025

Property Details

Bedrooms
N/A
Type
Detached house

Description

This property features a garage located just off Albert Avenue in Sileby, providing a solid foundation for renovation or investment. The garage is equipped with electrical and water connections, although new meters will need to be installed upon acquisition. The structure includes a UPVC personal side door and an insulated electric roller shutter main door, enhancing both functionality and accessibility. The garage measures approximately 6.5 meters by 4 meters, offering ample space for various uses. Additionally, there is a small concrete block-built shed on the property, which can serve as extra storage or be repurposed for other needs. One of the key benefits of this property is its potential for further development. There may be opportunities to convert the existing garage to expand living accommodations or create additional functional spaces, subject to securing the necessary planning permissions. It's important to note that no planning applications have been submitted or approved at this time, leaving room for creativity and future vision. With the right approach, this property could be transformed into a valuable asset in a desirable location.

Investment Analysis

(LE12 area)
Area Average
£296/sq ft
Avg Rent (weekly)
£234
Avg Yield
3.9%

Renovation Potential

Medium Refurb
Est. Renovation Cost
£8,000 - £15,000
Note: Renovation cost estimates are AI-generated based on property location and general characteristics, and may not reflect actual costs.
Monthly Sales
72
Average per month
Market Turnover
15%
Properties sold annually

Local Market Trend (LE12)

Area prices are rising by +4.3% over the last 12 months
3 year growth: 2.6%
5 year growth: 20.7%
Investment Disclaimer: Analysis based on LE12 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

Land & Garage Off Albert Aveue, Sileby, Loughborough LE12
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Mortgage Calculator

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£
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years

Current average 2-year fixed rate is 4.19%

Current average variable rate is 6.78%

Monthly Repayments
£293
Based on a loan of £60,000 over 30 years at 4.19% 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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YOUR HOME MAY BE REPOSSESSED IF YOU DO NOT KEEP UP REPAYMENTS ON YOUR MORTGAGE