Worst House on the Street Logo
Hazel Road, Loughborough, Leicestershire LE11 - Image 1
Hazel Road, Loughborough, Leicestershire LE11 - Image 2
Hazel Road, Loughborough, Leicestershire LE11 - Image 3

Hazel Road, Loughborough, Leicestershire LE11

East Midlands

£220,000
Listed on 26/04/2026

Property Details

Bedrooms
2
Type
Bungalow
Area
2289 sqft

Description

This property presents a unique opportunity for investors and developers, complete with granted planning permission to expand the main dwelling with a kitchen extension and construct a detached annexe in the garden. The groundwork for the primary extension is already underway, including completed footings, which significantly minimizes risk and expenditure for future development. Currently, the home offers two spacious bedrooms, with potential for an en-suite bathroom in the principal suite, alongside a modern four-piece bathroom nearing completion. Nestled on a generous plot, this bungalow is ripe for further enhancement or reconfiguration (pending final approvals), making it especially appealing to those looking to add value through renovation. The ample off-road parking provided by the large driveway enhances its attractiveness in terms of resale and rental prospects. Located conveniently close to local amenities such as Tesco Extra and Loughborough town centre, along with strong transport links, this property holds solid investment potential. With planning already secured and preliminary work initiated, this offers an exceptional chance to capitalize on both immediate renovations and increased future income through possible annexe rental or accommodating multiple generations.

Investment Analysis

(LE11 area)

Below Market Value

This property is priced -64.3% below area average per sq ft

-64.3%
Potential saving
This Property
£96/sq ft
Area Average
£269/sq ft
Avg Rent (weekly)
£299
Avg Yield
6.1%

Renovation Potential

Medium Refurb
Est. Renovation Cost
£30,000 - £50,000
Target Value
£677,819
10% above area average per sq ft
Potential ROI
+151.0%
After renovation
Note: Renovation cost estimates are AI-generated based on property location and general characteristics, and may not reflect actual costs.
Monthly Sales
53
Average per month
Market Turnover
18%
Properties sold annually

Local Market Trend (LE11)

Area prices are stable by +1.8% over the last 12 months
3 year growth: +0.9%
5 year growth: +10.0%
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

Hazel Road, Loughborough, Leicestershire LE11
Loading map...

Mortgage Calculator

£
£
£
%
%
years

Current average 2-year fixed rate is 3.91%

Current average variable rate is 6.62%

Monthly Repayments
£779
Based on a loan of £165,000 over 30 years at 3.91% 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

Next Steps

Explore services to help you with this property purchase.

Get help with this property

Financing, surveys and more – choose a service and we’ll connect you with our trusted partners.

Allcott Associates