William H. Brown says ..

Property Oracle says ..

This property on Derby Road, Loughborough, is presented as a potential investment opportunity. The listing emphasizes its current use as two separate apartments, with planning permission for a third, suggesting a rental income of £15,000 annually. The available photographs showcase the interior of these apartments, revealing a reasonably well-maintained condition, but not luxurious. The interior is functional but shows signs of wear and tear. The apartments offer two bedrooms and two bathrooms in each unit. The external photo depicts a modest two-story house, situated on a road with a mix of housing types. The proximity to Loughborough train station and several schools makes the location attractive. The lack of detailed information regarding plot size is a notable drawback. The absence of square footage figures also makes a precise assessment of value per square foot impossible. A thorough in-person inspection would be necessary to fully assess the property’s condition and confirm the details provided in the listing regarding planning permission and rental income. The property’s suitability as an investment will depend on the buyer’s risk tolerance. The current market conditions in Loughborough and the potential rental yield will all be important factors to consider. A detailed survey would be necessary to identify any hidden problems before purchase.

Therefore, we give this property 5 / 10. *Disclaimer: This is our option and does constitute a recommendation or financial advice. Do your own research. *

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