Summary - 86 PEEL DRIVE LOUGHBOROUGH LE11 1DF
2 bed 1 bath Flat
Compact, affordable two-bedroom flat with balcony and large storage — chain free..
Chain free upper‑floor flat, ideal entry-level or buy-to-let
This upper‑floor two-bedroom flat offers an affordable entry to the Loughborough market at £110,000. The layout includes a lounge with balcony, separate fitted kitchen, two well‑proportioned bedrooms, bathroom and a larger‑than‑average storage cupboard currently used as a walk‑in wardrobe. Heating is mains gas with a boiler and radiators; windows are UPVC double glazed.
The building is a purpose‑built red‑brick block set in modest communal grounds with on‑street parking. The flat is chain‑free (no upward chain) and is compact at approximately 571 sq ft, making it suitable for first‑time buyers or buy‑to‑let investors seeking a manageable footprint close to town amenities and schools.
There are important considerations: the property is leasehold (ground rent reported at £10 and a service charge around £1,000, both described as unknown/approximate), and the local area records very high crime statistics and very high area deprivation. The block and some internal fittings show signs that modernization or updating may be desirable.
For buyers seeking value, the flat’s price, central location, balcony and sizable internal storage are genuine strengths. However, prospective purchasers should factor in leasehold costs, local area safety statistics, potential refurbishment needs and commission their own surveys before proceeding.
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