58 Woodgate, Loughborough, LE11
PU

58 Woodgate, Loughborough, LE11

By Purplebricks

£ 9,500

Reviews

2 out of 5 stars

Purplebricks says ..

** INVESTMENT PROPERTY** These student apartment blocks are fully managed for you and are a great way of getting a better return on your money than just having the funds sat in a bank account. For 2019, the current vendor had a return of £598 every Quarter. The only deduction from the £2,392 ren...

Property Oracle says ..

This studio apartment in Loughborough is situated in a convenient location close to Loughborough University and the town centre. The proximity to transportation, amenities and educational facilities is a significant plus. The property itself is a small studio, with functional but not luxurious fixtures and fittings. The images indicate that the accommodation is basic and may benefit from some updates, especially considering the list price. The lack of private outdoor space is also a notable drawback. The list price is likely to attract investors, potentially those focused on the rental market, due to the high rental demand in the vicinity of the university. However, careful consideration of the property’s condition and size should be undertaken against other comparable options within the local market before investing. The absence of details on lease terms, property management and current rental income also affects the overall evaluation of its investment potential. Comparing it to similar student studio apartments, the asking price seems inflated.

Therefore, we give this property 4 / 10. *Disclaimer: This is our option and does constitute a recommendation or financial advice. Do your own research. *

Price
4
Condition
5
Location
7
Land
1
Bedrooms
0
Bathrooms
1
Sqft (est)
129.17

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
389,000.00 £
Increased by 35.00 %
from 288,148.00 £
Est sale value
41,205.23 £
Increased by 15.16 %
from 35,780.09 £
Average area rental value
544.00 £/mo
Increased by 29.83 %
from 419.00 £/mo
Est letting value
0.00 £/mo
from 0.00 £/mo
Est rental Yield
1.68 %
Decreased by 3.45 %
from 1.74 %
Crime Rate
24.00 %
Unchanged by 0.00 %
from 24.00 %

Agent Activity

  • Purplebricks created the listing.

Nearby Schools

NameTypeOfstedDistance
Aspire: LifeskillsOther Independent Special SchoolGood0.13 KM
Loughborough Amherst SchoolOther Independent School0.49 KM
Loughborough High SchoolOther Independent School0.57 KM
Fairfield Prep SchoolOther Independent School0.58 KM
Cobden Sure Start Children'S CentreChildren's Centre0.62 KM

Images

Nearby Streets

NameAverage PriceAverage SqftDistance
Pack Horse Lane £ 150,00000.00 KM
High Street £ 000.00 KM
Clay Pipe Jitty £ 000.00 KM
Church Gate £ 000.00 KM
Warners Lane £ 000.00 KM

Nearby Transport

NameNLCTLCDistance
Loughborough1897LBO1.51 KM
Barrow-Upon-Soar1903BWS7.13 KM

Nearby Listings

AddressPriceTypeScoreDistance
58-60 Woodgate, Loughborough, LE11 £ 45,000BUYUnknown0.00 KM
58 Woodgate, Loughborough, LE11 £ 95,000BUY4 / 100.00 KM
Woodgate, Loughborough £ 39,000BUYUnknown0.02 KM
Woodgate, Loughborough £ 25,000BUY4 / 100.02 KM
Woodgate, Loughborough, LE11 £ 25,000BUY4 / 100.02 KM

Nearby Properties

AddressPriceDistance
42d Woodgate £ 75,0000.03 KM
42c Woodgate £ 74,0000.03 KM
14 Coach House Court £ 135,0000.17 KM
30 Coach House Court £ 120,0000.17 KM
6 Coach House Court £ 135,5000.17 KM