3-bedroom bungalow · LE11 1NU
For saleListed 20 daysAuction 21 Oct · today
Opportunity summary
See Archie’s verdict, returns by strategy and what to check before viewing.
About
For sale by Under The Hammer online auction on Wednesday 21st October 2026. Head over to our website to download the legal pack, register to bid and see more information.
A Vacant 3 Bedroom Bungalow situated on Herbert Street in Loughborough, within walking distance of the town centre and railway station.
The property requires refurbishment throughout and has a generous rear garden, offering scope for buyers looking to modernise a single-storey home.
The accommodation briefly comprises an entrance hall, a lounge, a dining room, a kitchen, a rear hall, a shower room and three bedrooms, together with a conservatory along the side.
The property has an EPC rating of F. Externally there is a large rear garden and a garden to the front. Rendell Primary School is around 0.1 miles away and Limehurst Academy about 0.2 miles.
Loughborough railway station, on the Midland Main Line to London St Pancras, Leicester and Nottingham, is around 0.4 miles away, as is the town centre and Market Place.
The A60 Nottingham Road is about 0.2 miles away and junction 23 of the M1 is around three miles. Here's what to do next Visit - Our website and view the auction terms.
View - Book a viewing directly through our website. Register - Get registered prior to the auction opening date. Legal Pack - Download and view the legal pack to find out all the relevant information.
Prior Auction Offer - Want it now? Submit a prior auction offer through our website. All offer's go direct to the seller.
Bidding - Everything is completed online through the website and the intuitive bidding controls.
If you would like your property to go into our next auction then contact our auction experts on or submit a valuation on our website
Value & comps
No previous sales on record.
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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 starting price
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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 71 Herbert Street, 71 Herbert Street, Loughborough
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