Fearon Street, Loughborough, Leicestershire, LE11
- PROPERTY TYPE
Terraced
- BEDROOMS
5
- BATHROOMS
2
- SIZE
1,496 sq ft
139 sq m
- TENUREDescribes how you own a property. There are different types of tenure - freehold, leasehold, and commonhold.Read more about tenure in our glossary page.
Freehold
Key features
- Fully licensed five-bed student HMO in a prime location
- Strong gross annual income of £31,200
- Consistently high rental demand
- Modern kitchen and communal living space
Description
Generating £31,200 gross annual income for 25/26 rising to £33,800 for 26/27.
EPC - C
This well-presented and fully licensed five-bedroom student HMO presents a compelling opportunity for investors seeking a high-performing asset in one of Loughborough's most established and consistently popular student locations. Situated on Fearon Street, the property is within easy walking distance of Loughborough University and the town centre, ensuring strong and reliable tenant demand year after year.
The accommodation comprises five generously sized double bedrooms, each fully furnished to meet modern student expectations. The property also benefits from a well-equipped communal kitchen and comfortable shared living space, designed to support practical and sociable student living. These features contribute to strong tenant satisfaction, repeat demand, and minimal void periods.
Importantly, the property offers clear potential to be reconfigured into a six-bedroom HMO, subject to the necessary consents. This provides a valuable opportunity to enhance rental income and overall yield, making the asset particularly attractive to investors looking to add value.
The HMO is fully compliant and licensed, allowing an incoming purchaser to benefit from immediate income with no requirement for significant works. The property has a proven letting history, strong annual re-let performance, and sits within an area known for dependable occupancy driven by Loughborough University's large and well-established student population.
With Loughborough continuing to rank highly as a university town and demand for quality student accommodation remaining robust, the property also offers solid long-term prospects for capital growth.
This is a turnkey student investment combining strong existing income with clear upside potential in one of the Midlands' most resilient student rental markets.
A buyer's fee of 2% of the purchase price is payable upon completion.
For further information or to arrange a viewing, please contact YieldMe.
- COUNCIL TAXA payment made to your local authority in order to pay for local services like schools, libraries, and refuse collection. The amount you pay depends on the value of the property.Read more about council Tax in our glossary page.
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- PARKINGDetails of how and where vehicles can be parked, and any associated costs.Read more about parking in our glossary page.
- On street
- GARDENA property has access to an outdoor space, which could be private or shared.
- Back garden
- ACCESSIBILITYHow a property has been adapted to meet the needs of vulnerable or disabled individuals.Read more about accessibility in our glossary page.
- Ask agent
Energy performance certificate - ask agent
Fearon Street, Loughborough, Leicestershire, LE11
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Visit our security centre to find out moreDisclaimer - Property reference 7FS. The information displayed about this property comprises a property advertisement. Rightmove.co.uk makes no warranty as to the accuracy or completeness of the advertisement or any linked or associated information, and Rightmove has no control over the content. This property advertisement does not constitute property particulars. The information is provided and maintained by Yield, Loughborough. Please contact the selling agent or developer directly to obtain any information which may be available under the terms of The Energy Performance of Buildings (Certificates and Inspections) (England and Wales) Regulations 2007 or the Home Report if in relation to a residential property in Scotland.
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