Summary - WATERSIDE VILLAGE 3 THE MILL FALCON STREET LOUGHBOROUGH LE11 1FU
2 bed 2 bath Ground Flat
Canal-side two-bed ground flat with parking and communal gym — long lease, ready to move in.
Two double bedrooms, master with en-suite
Set within The Mill at Waterside Village, this ground-floor two-bedroom apartment combines industrial character with modern fittings. The open-plan kitchen/living space benefits from large windows and bifold doors that bring in abundant natural light and give direct access to a private canal-side garden — ideal for relaxed evenings or small outdoor entertaining.
Practical everyday living is well catered for with two double bedrooms (master with en-suite), a separate contemporary bathroom, built-in hallway storage and two private off-street parking spaces. Residents also have access to communal facilities including a gym, communal grounds and an office space. The lease has around 245 years remaining, providing long-term security for buyers.
Costs and local factors are important: annual service charge is about £1,416 and ground rent is £120 with yearly review periods. The property sits in an area with higher crime and relative deprivation than average and is in a medium flood-risk zone — buyers should factor these points into insurance, security and suitability decisions.
Positioned close to Loughborough town centre, the train station and the university, this apartment suits first-time buyers and investors seeking a well-appointed, low-maintenance home with strong rental and commuter appeal. The conversion’s industrial charm and modern interior offer immediate move-in readiness, but purchasers should check communal service arrangements and insurance costs before committing.
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