Paget Street, Loughborough, Leicestershire
- PROPERTY TYPE
Terraced
- BEDROOMS
3
- BATHROOMS
2
- SIZE
710 sq ft
66 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
- Planning permission approved to create a five-bedroom student HMO
- Fully let for the 2026/2027 academic year
- Current Annual Rental Income of £18,720
- Significant scope to increase rental income and capital value
- Two bathrooms and separate communal living space
- Prime student location
Description
Yield are pleased to present this three-bedroom student investment property situated on Paget Street, within easy reach of Loughborough town centre and Loughborough University.
The property is currently fully let for the 2026/27 academic year and generates an annual rental income of £18,720, providing an incoming purchaser with income already secured. The accommodation is arranged as three well-proportioned bedrooms, a communal living area, fitted kitchen and two bathrooms. The property is also offered fully furnished.
A key feature of the property is the approved planning permission to convert the existing three-bedroom house into a five-bedroom HMO. With planning already secured, the property offers an excellent value-add opportunity for an investor looking to increase the number of lettable rooms, strengthen the rental income and enhance the property’s longer-term capital value.
The proposed plans provide for additional accommodation while retaining practical communal facilities, giving an incoming purchaser a clear route to unlocking the property’s full earning potential.
Paget Street is a popular and well-connected student location, positioned close to Loughborough town centre and approximately 0.6 miles from Loughborough University. A wide selection of shops, cafés, pubs and everyday amenities can be reached on foot, supporting continued demand from the local student market.
The property currently has an EPC rating of D and offers further potential for improvement alongside the proposed development works.
This is an attractive opportunity to acquire an income-producing student property with planning permission already in place for two additional bedrooms, offering immediate rental income alongside considerable future development potential.
A buyer's fee of 2% + VAT applies to all successful purchases.
Money Laundering - To comply with The Money Laundering, Terrorist Financing and Transfer of Funds Regulations 2017 any successful purchaser/purchasers will be asked to provide proof of identity and we will therefore need to take copies of a passport/photo driving licence and a recent utility bill (not more than three months old). We will need this information before Solicitors are instructed.
Brochures
Brochure 1- 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.
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- GARDENA property has access to an outdoor space, which could be private or shared.
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- ACCESSIBILITYHow a property has been adapted to meet the needs of vulnerable or disabled individuals.Read more about accessibility in our glossary page.
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Paget Street, Loughborough, Leicestershire
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Visit our security centre to find out moreDisclaimer - Property reference 131Paget . 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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