Summary - 3, GRANBY STREET LE11 3DU
1 bed 1 bath Land
**Standout Features:**
- Guide Price: £350,000
- Outline planning permission for a retail unit and 9 apartments granted April 2023
- Large site in Loughborough town center, total area of 570 sq m (2,583 sq ft)
- Centrally located just 60m from key retail outlets and car parks
- Urban setting with strong rental potential in a student-rich area
**Summary Description:**
This prime development opportunity in Loughborough town centre offers a strategic investment with outline planning permission for a modern 4-storey building. The proposed layout includes a spacious double-fronted retail unit on the ground floor, complemented by a mix of 4 one-bedroom and 5 two-bedroom apartments across the upper floors. Sitting on a large, cleared plot, the location benefits from excellent foot traffic and proximity to local amenities.
While the site is currently vacant and secure, future owners should note that there are no allocated parking spaces, which may affect residential appeal. However, with the site being part of an affluent, cosmopolitan neighborhood near Loughborough University, the potential for strong rental yields is significant. This unique investment opportunity embodies both the chance to contribute to urban revitalization and the privilege of securing a slice of a rapidly growing market. Act swiftly; opportunities like this don’t last long!
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