Summary - 36 ASHBY GROVE LOUGHBOROUGH LE11 3AP
2 bed 1 bath Flat
Income-producing flat near university with parking and communal gardens.
Tenant in situ until 30 June 2026 producing £11,440 pa (approx. 7% gross yield)
Leasehold with 107 years remaining
Annual service charge £1,348.94; ground rent £313.46
Allocated off-street parking and communal gardens
Open-plan living with Juliet balcony and modern kitchen
Double glazing and gas central heating (boiler and radiators)
Broadband speeds reported slow; mobile signal excellent
Local crime levels above average — check insurance and management
A practical, modern two-bedroom apartment in Ashby Grove, close to Loughborough University and the town centre. Designed with an open-plan living/kitchen, double glazing and gas central heating, the flat delivers straightforward, low-maintenance accommodation suited to rental demand from students and young professionals.
The property is sold with a tenant in situ until 30 June 2026, producing £11,440 pa — a gross yield of just over 7% at the asking price. Allocated off-street parking, communal gardens and a Juliet balcony add renter appeal and make day-to-day management easier.
Important cost and condition notes are given plainly: this is a leasehold flat with 107 years remaining, an average annual service charge of £1,348.94 and annual ground rent of £313.46. Broadband speeds in the area are reported slow and local crime levels are above average; these are practical factors for occupancy and insurance considerations.
Given the current tenancy and income profile, the property is aimed at investors expanding a rental portfolio. It offers immediate income, decent yield and low-maintenance features, but buyers should factor in running costs, local broadband limitations, and neighbourhood crime statistics before purchase.
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