Leopold Street, Loughborough, LE11 5DW - Planning Approved Development Opportunity
By Nick Humphreys
£ 230,000
Reviews
2 out of 5 stars
Nick Humphreys says ..
TAKEOVER PROJECT - PLANNING APPROVED FOR TWO, TWO BEDROOM FLATS (FOUR BEDROOMS) OR ONE, ONE BEDROOM FLAT AND TWO, TWO BEDROOM FLATS ONE OF WHICH UNDER PERMITTED DEVELOPMENT (FIVE BEDROOMS). CASH BUYERS ONLY! CALLING ALL INVESTORS & BUILDERS! FULL PLANS AVAILABLE. CH...
Property Oracle says ..
This property is located in Loughborough, Leicestershire, and is a two-bedroom end-of-terrace house with planning permission for conversion into two flats. The current list price is significantly below the average price for the area, but this is likely due to the property needing extensive renovation. The property benefits from a garden, although it appears unkempt. The location is close to several schools and Loughborough train station, making it potentially attractive for families and commuters. However, the condition of the property is poor, requiring substantial work before it can be occupied. The low price reflects the required investment, but the potential rental income from the proposed conversion could make it a worthwhile project for a developer or investor.
Therefore, we give this property 5 / 10. *Disclaimer: This is our option and does constitute a recommendation or financial advice. Do your own research. *
- Price
- 6
- Condition
- 3
- Location
- 7
- Land
- 5
- Bedrooms
- 2
- Bathrooms
- 1
- Sqft (est)
- 921.29
- Lot (est)
- 884.97
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
- 607,500.00 £Increased by 4.15 %
- Est sale value
- 832,846.16 £Increased by 164.33 %
- Average area rental value
- 1,328.00 £/moDecreased by 13.15 %
- Est letting value
- 921.29 £/mo
- Est rental Yield
- 2.62 %Decreased by 16.83 %
- Crime Rate
- 6.00 %Unchanged by 0.00 %
Agent Activity
Nick Humphreys created the listing.
Nearby Schools
| Name | Type | Ofsted | Distance |
|---|---|---|---|
| Saint Mary'S Catholic Primary School, Loughborough | Academy Converter | Good | 0.24 KM |
| Loughborough West Sure Start Children'S Centre | Children's Centre | 0.25 KM | |
| Loughborough Church Of England Primary School | Academy Converter | Good | 0.72 KM |
| Sense College Loughborough | Special Post 16 Institution | Good | 0.75 KM |
| Limehurst Academy | Academy Converter | Good | 0.83 KM |
Images
Nearby Streets
| Name | Average Price | Average Sqft | Distance |
|---|---|---|---|
| Derby Road | £ 0 | 0 | 0.00 KM |
| Havelock Cl | £ 0 | 0 | 0.00 KM |
| Towers Way | £ 0 | 0 | 0.00 KM |
| Knightthorpe Road | £ 0 | 0 | 0.00 KM |
| Greenclose Lane | £ 0 | 0 | 0.00 KM |
Nearby Transport
| Name | NLC | TLC | Distance |
|---|---|---|---|
| Loughborough | 1897 | LBO | 2.17 KM |
| Barrow-Upon-Soar | 1903 | BWS | 8.29 KM |
Nearby Listings
| Address | Price | Type | Score | Distance |
|---|---|---|---|---|
| Leopold Street, Loughborough, LE11 5DW - Planning Approved Development Opportunity | £ 230,000 | BUY | 5 / 10 | 0.00 KM |
| Leopold Street, LOUGHBOROUGH | £ 700,000 | BUY | Unknown | 0.03 KM |
| Paget Street, Loughborough, LE11 5DU | £ 199,950 | BUY | 7 / 10 | 0.10 KM |
| Paget Street, Loughborough, Leicestershire, LE11 | £ 190,000 | BUY | 5 / 10 | 0.10 KM |
| Paget Street, Loughborough, LE11 | £ 170,000 | BUY | 7 / 10 | 0.10 KM |
Nearby Properties
| Address | Price | Distance |
|---|---|---|
| 28 Leopold Street | £ 135,000 | 0.03 KM |
| 24 Leopold Street | £ 212,500 | 0.03 KM |
| 8 Leopold Street | £ 47,000 | 0.03 KM |
| 36 Leopold Street | £ 112,000 | 0.03 KM |
| 9 Leopold Street | £ 220,000 | 0.03 KM |