Sold STC Flat

APARTMENT 2

1 RACECOURSE MEWS, LOUGHBOROUGH, LEICESTERSHIRE LE11 5AR

2 beds 2 baths 732 sq ft Listed 3 Feb 2025 (-495d)

£148,000

Offers in Region of

Reduced on 9 May 2025

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Property details

Tenure

LEASEHOLD (108 years remaining on lease)

Floor area

68 m²

Council tax band

B

Year built

England and Wales: 2007-2011

Last sold

£146,000 Jan 2026

Price per m²

£2,176/m²

Local average

£171,966 (-13.9%)

Deprivation

Decile 6 (17,964 of 33,755)

Street crime

358 incidents within 1 mile (Apr 2026)

Key features

  • WELL PRESENTED SPACIOUS GROUND FLOOR APARTMENT
  • GAS CENTRAL HEATING WITH COMBI BOILER, UPVC DOUBLE GLAZED WINDOWS
  • COMMUNAL ENTRANCE AND INNER HALLWAY
  • ENTRANCE HALL,
  • OPEN PLAN LIVING DINING KITCHEN, FITTED KITCHEN AREA WITH INTEGRATED APPLIANCES
  • MASTER BEDROOM WITH EN SUITE SHOWER ROOM
  • SECOND DOUBLE BEDROOM, MAIN BATHROOM
  • COMMUNAL GROUNDS
  • ALLOCATED PARKING SPACE
  • NO CHAIN

Additional details

Electricity
Mains supply
Water
Mains supply
Sewerage
Mains supply
Heating
Gas central
Parking
Yes
Listed property
No
Restrictions
Yes
Required access
No
Rights of way
Yes
Flooded in last 5 years
No
Flood defences
No

Description

A well presented spacious 2 bedroom ground floor apartment situated within this purpose built block just to the north of the town. The accommodation has gas central heating and UPVC double glazed windows and includes communal entrance and inner hall, entrance hall, open plan living dining kitchen with double opening doors and Juliet balcony rail and fitted kitchen with integrated appliances, master bedroom with en suite shower room, second double bedroom and main bathroom. Communal grounds and allocated parking.

This property would make an ideal first time buy or buy to let and with its accessibility to the University Campus, would be ideal for those looking for seeking a manageable property for a family member attending Loughborough University.

The property is being sold with no upward chain.

Viewings & Directions - By arrangement through the Selling Agents, Andrew Granger & Co telephone .

What 3 Words location:- quiet.summer.grace

Communal Entrance - With staircase and lift to higher floors, internal door to INNER HALL

Entrance Hall - With radiator and cloaks cupboard.

Living Dining Kitchen - 3.45m x 7.59m max (11'4" x 24'11" max) - With double opening doors to front elevation and Juliet balcony rail, 2 radiators, KITCHEN AREA having a range of base and wall units, work surfaces, stainless steel sink top, gas hob, electric double oven and canopy hood over, integrated fridge freezer, dishwasher and washer dryer, wall mounted combination central heating boiler set into wall cupboard.

Master Bedroom - 2.72m x 3.58m max (8'11" x 11'9" max) - With window to front and radiator.

En Suite Shower Room - White suite comprising w.c., wash basin and double shower cubicle with electric shower, tiled splashbacks, radiator and extractor fan.

Bedroom 2 - 2.74m x 3.58m (9' x 11'9") - With window to front and radiator.

Bathroom - With white suite comprising w.c., wash basin and bath, tiled splashbacks and tiled shelf, radiator and extractor fan.

Outside - Communal grounds.

Allocated Parking Space -

Lease Details - 125 Year lease from 1st November 2008 currently 108 years remaining

Annual service charge to 31st March 2025 £1098.36

Purchasing Procedure - If you are interested in any of our properties then you should contact our offices at the earliest opportunity.

We offer Independent Financial Advice and as part of our service we will ask our Mortgage Adviser to contact all potential buyers to establish how they intend to fund their purchase.

If you are a cash purchaser then we will need confirmation of the availability of your funds.

Your home is at risk if you do not keep up re-payments on a mortgage or other loan secured on it.

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.

Conveyancing - We would be delighted to offer the services of our associated firm, Jephson Legal, who offer very competitive quotes for conveyancing. If you would like a quotation, please speak to one of our sales team who would be happy to arrange this.

Listed by

Loughborough

Sheldon Bosley Knight

Reference: 157691024

EPC Rating & Upgrade Cost

Fetching EPC data… Refresh this page in a moment.

Flood risk

Zone: 1

Risk: Low

Job (default Low)

Floorplans

Flat 2  1 Racecourse Mews (002).jpg

Flat 2 1 Racecourse Mews (002).jpg

EPC Graphs

EE Rating

EE Rating

Price history

27% since 2010

Event Date Price % change
Sold 16/01/2026 (4 months ago) £146,000 +32.7%
Sold 28/09/2015 (10 years ago) £110,000 -4.3%
Sold 05/07/2010 (15 years ago) £115,000

Source: HM Land Registry Price Paid Data. Crown copyright.

Sold Comparables

Same street and nearby sales within 0.25 miles (last 5 years). Data from Land Registry Price Paid.

Address Price Date Type
Same street 1 APARTMENT 11 RACECOURSE MEWS, LOUGHBOROUGH, CHARNWOOD, LEICESTERSHIRE, LE11 5AR £135,000 15/08/2023 Flat
Same street 1 APARTMENT 15 RACECOURSE MEWS, LOUGHBOROUGH, CHARNWOOD, LEICESTERSHIRE, LE11 5AR £145,000 21/12/2022 Flat
Same street 1 APARTMENT 6 RACECOURSE MEWS, LOUGHBOROUGH, CHARNWOOD, LEICESTERSHIRE, LE11 5AR £138,000 30/06/2022 Flat
8A CLIFF AVENUE, LOUGHBOROUGH, CHARNWOOD, LEICESTERSHIRE, LE11 5HH £137,000 27/06/2022 Flat

Street average: £139,333 (3 sales)

Area average: £137,000 (1 sale)

Capital growth trend

Land Registry outcode average: last 12 months vs 5y and 10y ago (from sold prices).

5y growth 31.3%
10y growth 49.8%

House Price Index (HM Land Registry — official index, not sold-price averages): Charnwood. Series: Flats and maisonettes. As of March 2026.

1y (index) -3.1%
5y (index) 6.8%
10y (index) 32.3%

Company ownership

Registered legal owner is a company.

Company-owned (UK company)

Company: A C BAILEY PROPERTIES LIMITED (11122092)

Rental Range

Estimated market rent for Charnwood. Low = conservative, Realistic = average, Optimistic = best case.

Low £857/mo
Realistic £952/mo
Optimistic £1,047/mo

Based on Local Authority from postcode lookup → Charnwood.

LHA (30th percentile) floor for Leicester: £648/mo (Apr 2025 – Mar 2026)

Location

Nearby

Nearest stations, universities and amenities (distance from property).

Type Name Distance
Bus stop Knightthorpe Road 0.1 miles
Shop GoLocal 0.1 miles
Shop The Range 0.1 miles
Bus stop Ring o Bells PH 0.1 miles
Hospital Loughborough Hospital 0.5 miles
Hospital Loughborough Health Centre 1.0 miles
Train station Loughborough 1.0 miles
Train station Loughborough Central 1.3 miles
University Unknown 1.3 miles
University Loughborough University 1.3 miles

Street-level crime

Category Count
Shoplifting 89
Violence and sexual offences 83
Anti-social behaviour 55
Public order 32
Criminal damage and arson 30
Other theft 20
Drugs 11
Vehicle crime 10
Burglary 7
Bicycle theft 6
Possession of weapons 6
Theft from the person 4
Robbery 3
Other crime 2
Total incidents 358

Within 1 mile during Apr 2026. Source: data.police.uk (England & Wales).

Schools nearby

Nearest open schools with Ofsted ratings (England). Closed schools are not shown. Data from Get Information about Schools and Ofsted.

Name Type Distance Ofsted
Robert Bakewell Primary School Primary 0.5 miles Good — 14 Nov 2022
Saint Mary's Catholic Primary School, Loughborough Primary 0.6 miles Good — 19 Oct 2012
Limehurst Academy Secondary 0.6 miles Good — 22 May 2013
Rendell Primary School Primary 0.8 miles Good — 3 May 2013
Sense College Loughborough Other 0.8 miles (No rating)

Rental Comparables

Rental listings exist nearby, but none matched the 2-bedroom count for this property.

Rent-driven metrics

Based on Area rent estimate.

Rent ratio 0.64%
Max investor price (0.8%) £119,000
Target investor price (1%) £95,200
  • Rent ratio — Monthly rent ÷ purchase price (1% rule). 1%+ = strong, 0.8–1% = okay, <0.8% = weak for cashflow.
  • Max investor price — Rent ÷ 0.8%; the price at which rent would be 0.8% of price (Stoke-style target).
  • Target investor price — Rent ÷ 1%; the price at which rent would be 1% of price (strong cashflow band).
  • Gross yield — Annual rent as % of purchase price (no costs).