Durham Road, Loughborough, Leicestershire, LE11

£79,950
  • 1 beds
or call 01509 611 887
Darcy Halliday
Loughborough
loughborough.sales@leaders.co.uk

Key Features

  • Tenure: Leasehold property with 990 years remaining on the lease.
  • Location: Situated in Blackbrook Court, Loughborough, with access to local shops, transport, and green spaces.
  • Accommodation: One-bedroom ground-floor flat with a private front door, living room, kitchen, bathroom, and access to a communal outdoor area.
  • Features: Double glazing and gas central heating throughout the property.
  • Improvement Potential: Offers opportunities for personalisation and upgrading.
  • Rental Market: Suitable for investors due to high rental demand in the area.
  • Transport: Close to major transport links, including the train station and M1 motorway.
  • Local Amenities: Access to nearby cafes, restaurants, markets, and community facilities.
  • Outdoor Access: Located near parks and green spaces such as Queen’s Park and the Outwoods.
  • No Chain: Available with no upward chain to facilitate a smoother purchase process.

Description

This one-bedroom ground-floor flat in Blackbrook Court, Durham Road, is ideal for investors, first-time buyers, and downsizers. With excellent rental yield potential, it presents a great opportunity in Loughborough’s thriving rental market. The property includes a private front door, a living room leading to the kitchen and communal outdoor area, a bedroom, and a bathroom. Featuring double glazing, gas central heating, and a long 990-year lease, this flat has plenty of scope for improvement and personalisation.

Situated in Blackbrook Court, this property benefits from a fantastic location in Loughborough, a town that blends a lively community atmosphere with excellent amenities. Loughborough boasts a variety of shops, cafes, restaurants, and markets, ensuring there’s always something to do. The town is home to beautiful green spaces like Queen’s Park and the Outwoods, ideal for walks and relaxation, as well as being close to Charnwood Forest for those who enjoy outdoor activities.

The town has a vibrant cultural scene with a theatre, cinema, and regular events. Excellent transport links connect Loughborough to Leicester, Nottingham, and Derby, while the train station offers direct routes to London. The town’s central location also provides easy access to the M1 motorway, making it ideal for commuters.

This property is available with no upward chain, ensuring a straightforward purchase process. With Loughborough’s high rental demand, it’s an excellent investment opportunity, offering the potential for strong returns and consistent tenant interest. The town’s mix of professionals, students, and retirees ensures year-round rental appeal.

Note to buyers :
We are currently awaiting the LPE1 (Leasehold Property Enquiries) form, which provides key information about the lease, including service charges, ground rent, and any planned works. The properties have only been let from new, and the owners are in the process of creating a formal management agreement. Buyers are advised to make their own enquiries and seek independent legal advice before making any transactional decisions.

Service Charge: £77 per month Council Tax Band: A.

Calculate stamp duty online
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Notes

The stamp duty calculator presumes that none (or part) of the property qualifies as mixed-use for which the current SDLT would be 3%.

Please note that this tool is an indicator only, your solicitor or tax consultant will advise you as to the actual stamp duty land tax that must be paid on completion.

All calculations are correct as of 1st October 2021, which are subject to change at any time

Click here for more information

Durham Road, Loughborough, Leicestershire, LE11

£79,950
  • 1 beds
or call 01509 611 887
Darcy Halliday
Loughborough
loughborough.sales@leaders.co.uk

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