Baxter Gate Loughborough Leicestershire LE11 1TQ
YI

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 %
from 205,113.00 £
Average area rental value
955.00 £/mo
Decreased by 2.75 %
from 982.00 £/mo
Est rental Yield
6.30 %
Increased by 9.57 %
from 5.75 %
Crime Rate
23.00 %
Unchanged by 0.00 %
from 23.00 %

Agent Activity

  • yieldit created the listing.

Nearby Schools

NameTypeOfstedDistance
Cobden Primary School & Community CentreAcademy ConverterGood0.31 KM
Cobden Sure Start Children'S CentreChildren's Centre0.31 KM
Trinity CollegeOther Independent Special SchoolRequires improvement0.44 KM
Aspire: LifeskillsOther Independent Special SchoolGood0.46 KM
Rendell Primary SchoolAcademy ConverterGood0.50 KM

Images

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Nearby Streets

NameAverage PriceAverage SqftDistance
Church Gate £ 000.00 KM
High Street £ 000.00 KM
Warners Lane £ 000.00 KM
Hume Street £ 110,00000.00 KM
Pack Horse Lane £ 150,00000.00 KM

Nearby Transport

NameNLCTLCDistance
Loughborough1897LBO1.01 KM
Barrow-Upon-Soar1903BWS6.94 KM

Nearby Listings

AddressPriceTypeScoreDistance
Baxter Gate Loughborough Leicestershire LE11 1TQ £ 1,100,000BUY6 / 100.00 KM
Baxter Gate, Loughborough, LE11 1TQ - 9 Flats FOR SALE - FREEHOLD £ 1,200,000BUY6 / 100.01 KM
Baxter Gate, Loughborough, Leicestershire £ 1,200,000BUY5 / 100.01 KM
Manor Gardens Close, Loughborough £ 160,000BUY5 / 100.07 KM
Manor Gardens Close, Loughborough £ 130,000BUY4 / 100.08 KM

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AddressPriceDistance
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65a Sparrow Hill £ 77,5000.05 KM
61 Sparrow Hill £ 125,0000.05 KM
63a Sparrow Hill £ 73,0000.06 KM