Summary - Mill Lane, Loughborough LE11 1GD
1 bed 1 bath Apartment
Turn-key 1-bed near station and university — strong tenant demand for investors.
- 5-minute walk to Loughborough train station
- High local tenant demand (university and town centre nearby)
- Long lease: 145 years remaining
- Off-street residents' parking included
- Service charge approx. £1,527 pa; ground rent £145 pa
- Area classed as deprived with higher crime levels
- Fast broadband and excellent mobile signal
- No recorded flooding risk
A compact, modern one-bedroom apartment positioned a five-minute walk from Loughborough train station and close to the university — a location that consistently attracts professional and student tenants. The flat is presented in contemporary condition with an open-plan living area, a double bedroom with built-in storage, a modern bathroom and secure entry. Off-street residents' parking and fast broadband/mobiles add practical appeal for renters.
This is a clear investor-focused opportunity: long lease (145 years remaining) and high local tenant demand support reliable rental income potential. The central location and transport links make short voids more likely, while the turn-key condition reduces immediate capital expenditure.
Buyers should weigh predictable running costs: an average service charge of £1,527pa and ground rent of £145pa are payable. The property sits in an area recorded as deprived with a higher-than-average crime level — factors that can affect rental values, tenant mix and insurance costs. There is no flood risk recorded.
Overall, this apartment suits buy-to-let purchasers seeking a low-management, centrally located unit with good connectivity and demonstrable tenant interest. The combination of a long lease and resident parking supports lettability, but factor in service charges, local area issues and rental-market dynamics when modelling returns.
2 bedroom apartment for sale in Victoria Street, Loughborough, Leicestershire, LE11 — £118,000 • 2 bed • 1 bath • 586 ft²
2 bedroom flat for sale in Fennel Street, Loughborough, LE11 — £135,000 • 2 bed • 1 bath • 672 ft²
1 bedroom flat for sale in Durham Road, Loughborough, Leicestershire, LE11 — £95,000 • 1 bed • 1 bath • 574 ft²
2 bedroom apartment for sale in Barnsdale Close, Loughborough, LE11 — £155,000 • 2 bed • 1 bath • 538 ft²
1 bedroom apartment for sale in Ratcliffe Road, LOUGHBOROUGH, LE11 — £110,000 • 1 bed • 1 bath • 442 ft²
1 bedroom flat for sale in Holland Close Loughborough Leicestershire , LE11 — £110,000 • 1 bed • 1 bath
