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See how verdicts work1-bedroom flat · LE11 4PQ
For saleListed 245 days
Opportunity summary
See Archie’s verdict, returns by strategy and what to check before viewing.
About
This generous larger than average first floor apartment occupies a highly convenient location within walking distance to Loughborough University and on a major bus route serving the town centre and just a short drive from excellent commuter links, specifically the M1 motorway at junction 23.
The property would make a great place for the first time purchaser, student of lecturer studying at the University or those seeking a convenient base for commuting to work.
Alternatively if you're looking for an investment opportunity this spacious apartment would make an ideal rental, with the potential to let out at circa £600+ per calendar month.
The apartment is one of four situated above a Spar shop and local hair salon, whereby you access the property through a common ground floor staircase and hallway leading up to the first floor accommodation.
Enter the property through a long hallway with two large storage cupboards and easily accessible loft access providing additional floored storage with light.
The large living dining kitchen has space for a sofa arrangement, dining table and at present fitted breakfast bar.
The kitchen offers gas and electric cooker points, plumbing for a washing machine, space for a tumble dryer and dishwasher, plenty of work surfaces along with wood laminate flooring throughout the entire space, ceiling spotlights and cleverly designed tilt and open windows with fitted blinds.
The large double bedroom has plenty of space for wardrobes and just next door is the contemporary styled shower room with corner shower enclosure having a mixer shower, low level wc, vanity style wash hand basin, ceramic tiled flooring, chrome heated towel radiator and window.
The property comes with allocated off road parking for one car situated behind the apartments.
To find the property, proceed from Ashby Road adjacent to Sainsbury's leading out of town and continuing ahead at the Epinal Way roundabout where at the second set of traffic lights you should turn right on to Schofield Road.
Turn left at the island on to Old Ashby Road and continue half way along where the property is situated on the right hand side as identified by the agent's 'For Sale' board.
Good to know: The property has uPVC double glazing throughout, gas central heating powered by a modern combination boiler located in the kitchen. EPC Rating: D Parking - Allocated parking
Value & comps
No previous sales on record.
Returns
Set an offer; the calculator follows it.
We're still gathering serviced-accommodation data for this area.
Archie refurb estimate: a Pro feature
0.0% below asking
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All investment calculators, property analyses, and AI-generated insights are for informational purposes only. Property investment carries risk and may result in financial loss. All calculations should be independently verified and you should consult with FCA-authorised financial advisers before making any investment decisions.
Past performance does not guarantee future results. Tax implications vary by individual circumstances.
Deal
Properties like this can earn 2–3x BTL yields when converted to HMO, with retrofit costs around £10k/room. Sign in to see the full tier, yield projection, and cost breakdown.
Commercial properties like this can earn 30-50% higher yields when converted to residential under Class MA / Q / P / PA, with prior approval costing ~GBP 96/unit. Sign in to see the recommended route, yield uplift, and cost breakdown.
BRRR-suited properties can recycle 80-100% of investor capital on refi, leaving a high-yielding rental with most of the money out. Sign in to see the refurb cost stack, ARV projection, and refinance maths.
Detached + large garden = sub-division play. Pro tier unlocks the tier badge, plot size, uplift estimate, and regional land benchmark.
Short-lease flats trade at deep discount, but extending under the 1993 Act often costs far less than the discount. Pro tier unlocks the tier badge, premium breakdown, long-lease ARV and arbitrage maths.
See projected short-stay revenue vs a vanilla BTL for this property.
See real sub-let margins (HMO room rates & SA nightly rates) vs the landlord rent.
Area
Agent & docs
FAQ
About Old Ashby Road, Loughborough, LE11
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