Baxter Gate Loughborough Leicestershire LE11 1TQ
By yieldit
£ 1,100,000
Reviews
3 out of 5 stars
yieldit says ..
ATTENTION INVESTORS - HIGH YIELDING BLOCK OF APARTMENTS IN THE CENTRE OF LOUGHBOROUGH! Freehold Block of 9 Individual Well-Presented Apartments.
Property Oracle says ..
This property is a block of 9 apartments located on Baxter Gate in Loughborough. The location is central, offering good access to transportation, schools, and local amenities. The condition of the apartments varies, with some appearing modern and well-maintained, while others show signs of wear and tear. The property includes a small, shared garden area. The asking price of £1,100,000 seems reasonable given the potential rental income from multiple units and the average property prices in the area. This property presents a solid investment opportunity with the potential for steady rental income, but prospective buyers should factor in refurbishment costs and ongoing management expenses. The proximity to local amenities and transportation enhances its appeal to both renters and potential future buyers.
Therefore, we give this property 6 / 10. *Disclaimer: This is our option and does constitute a recommendation or financial advice. Do your own research. *
- Price
- 7
- Condition
- 6
- Location
- 7
- Land
- 5
- Bedrooms
- 10
- Bathrooms
- 9
The heatmap indicates the level of crime in the area. The color of the heatmap indicates the crime severity and recency.
Metrics Year-on-Year
- Average area value
- 181,859.00 £Decreased by 11.34 %
- Average area rental value
- 955.00 £/moDecreased by 2.75 %
- Est rental Yield
- 6.30 %Increased by 9.57 %
- Crime Rate
- 23.00 %Unchanged by 0.00 %
Agent Activity
yieldit created the listing.
Nearby Schools
| Name | Type | Ofsted | Distance |
|---|---|---|---|
| Cobden Primary School & Community Centre | Academy Converter | Good | 0.31 KM |
| Cobden Sure Start Children'S Centre | Children's Centre | 0.31 KM | |
| Trinity College | Other Independent Special School | Requires improvement | 0.44 KM |
| Aspire: Lifeskills | Other Independent Special School | Good | 0.46 KM |
| Rendell Primary School | Academy Converter | Good | 0.50 KM |
Images
Nearby Streets
| Name | Average Price | Average Sqft | Distance |
|---|---|---|---|
| Church Gate | £ 0 | 0 | 0.00 KM |
| High Street | £ 0 | 0 | 0.00 KM |
| Warners Lane | £ 0 | 0 | 0.00 KM |
| Hume Street | £ 110,000 | 0 | 0.00 KM |
| Pack Horse Lane | £ 150,000 | 0 | 0.00 KM |
Nearby Transport
| Name | NLC | TLC | Distance |
|---|---|---|---|
| Loughborough | 1897 | LBO | 1.01 KM |
| Barrow-Upon-Soar | 1903 | BWS | 6.94 KM |
Nearby Listings
| Address | Price | Type | Score | Distance |
|---|---|---|---|---|
| Baxter Gate Loughborough Leicestershire LE11 1TQ | £ 1,100,000 | BUY | 6 / 10 | 0.00 KM |
| Baxter Gate, Loughborough, LE11 1TQ - 9 Flats FOR SALE - FREEHOLD | £ 1,200,000 | BUY | 6 / 10 | 0.01 KM |
| Baxter Gate, Loughborough, Leicestershire | £ 1,200,000 | BUY | 5 / 10 | 0.01 KM |
| Manor Gardens Close, Loughborough | £ 160,000 | BUY | 5 / 10 | 0.07 KM |
| Manor Gardens Close, Loughborough | £ 130,000 | BUY | 4 / 10 | 0.08 KM |
Nearby Properties
| Address | Price | Distance |
|---|---|---|
| 62a Sparrow Hill | £ 38,000 | 0.05 KM |
| 59 Sparrow Hill | £ 18,950 | 0.05 KM |
| 65a Sparrow Hill | £ 77,500 | 0.05 KM |
| 61 Sparrow Hill | £ 125,000 | 0.05 KM |
| 63a Sparrow Hill | £ 73,000 | 0.06 KM |