King Edward Road, Loughborough

This Lot is now available to purchase post-auction. Interested parties should contact SBK Auctions to submit an offer, arrange a viewing, or raise any enquiries.

An excellent opportunity to acquire this three-bedroom mid-terraced property offered for sale by public auction. The property presents an ideal purchase for buy-to-let investors, developers, or owner-occupiers seeking a rewarding renovation project.

Internally the property offers a spacious hallway providing access to the downstairs rooms including the lounge and kitchen diner. To the first floor three bedrooms can be found, along with the family shower room. Externally, the property benefits from a generous rear garden of good size, offering excellent scope for landscaping and extension (subject to the necessary consents).

While the property requires a full programme of modernisation and improvement, it offers significant scope to add value. Following refurbishment to a high standard, the property could achieve an estimated rental income of approximately £1,150 per calendar month, equating to a strong projected yield of 8.6% (based on the auction guide price). Alternatively, the anticipated resale value post-renovation is in the region of £230,000–£240,000. It would also make a comfortable and spacious family home once complete.

A fantastic opportunity to unlock the property’s full potential.