2 bedroom house for sale

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2 bedroom house for sale

Derby Road, Loughborough
£199,999

Price History

Initial price £225,000
24/06/25 £199,999
Price Change -11.11%

Description

This detached property is a fantastic investment opportunity, currently split into two individual apartments with approved planning consent to create a third apartment. The property generates £17,400 per annum in rental income, with Apartment 201A, a ground-floor apartment, rented out on a periodic assured shorthold tenancy for £8,640 per annum, and Apartment 201B, a first-floor apartment, rented out on an assured shorthold tenancy until July 2025 for £7,500 per annum. The planning consent allows for the creation of a self-contained second-floor apartment, providing additional income potential. The property has been renovated, with new flooring, resplastered walls, and extended kitchen countertops in Apartment 201A, and a brand new kitchen and bathroom suite in Apartment 201B. This is a unique opportunity for investors to capitalize on the growing demand for rental properties in the area.