Sold STC Detached

Grassholme Drive

Loughborough, LE11 4NS

3 beds 2 baths Listed 29 Nov 2023 (-939d)

£450,000

Offers in Region of

Reduced on 4 Mar 2024

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Property details

Tenure

FREEHOLD

Council tax band

E

Last sold

£450,000

Local average

£375,793 (+19.7%)

Deprivation

Decile 10 (31,419 of 33,755)

Street crime

60 incidents within 1 mile (Apr 2026)

Key features

  • No upward chain
  • South facing garden
  • Driveway & double garage
  • En suite shower room
  • Sizeable corner plot
  • Beautifully presented
  • Solar panels
  • EPC rating C
  • 360 Virtual Tour Available

Additional details

Heating
Gas central
Parking
Garage, Off street
Garden
Yes

Description

** ** Positioned towards the outskirts of Loughborough, offering convenient access to the town centre amenities and also transport links including the M1, this attractive and spacious bungalow enjoys a fantastic corner plot of approximately 0.23 acres. Offered to market with the benefit of no upward chain.

The property is set back from the road with the lawned frontage having a variety of planted borders. There is a tarmac driveway which sweeps down towards the property, with the detached double garage having electric up and over door to the front.

A covered porch gives access to the main hallway, with doors leading off to the various rooms. The property is well laid out with the bedrooms to one side and the living accommodation to the other.

There are three bedrooms, with bedroom one having extensive integrated storage and the benefit of its own en suite shower room, with a walk in shower, WC, bidet and hand wash basin.

Bedroom two enjoys a delightful dual aspect, with window overlooking the rear garden and patio doors opening to the covered and decked area which is adjacent to the pond.

The third bedroom has been utilised as a study, creating an ideal space for use that may wish to work from home. With storage units and a desk area, this also offers views out on to the rear garden.

Also servicing the bedrooms, the equally impressive family bathroom is tiled and has a white suite comprised of a panelled bath with shower over, hand wash vanity unit and low level WC.

Undoubtedly the heart of this home is the inviting and cosy lounge. Natural light floods in thanks to dual aspect windows to the side and rear, in addition to patio doors offering access out. The centrepiece is a living flame gas fire, inset into the wall.

The adjacent dining area offers another reception space, with ample room for a dining table - ideal for big family mealtimes.

Offering a range of storage at both eye and base level, the kitchen has also been refitted by the present owners to an exacting standard, having an inset sink and drainer unit, dishwasher and space for a cooker, with overhead extractor.

Beyond this, the utility room offers additional storage space as well as a further sink and drainer unit, with appliance space and plumbing for a washing machine.

Externally, the property enjoys a delightful south facing rear garden with an open rear aspect. The outside space is a real standout feature of this home, having a lawn, patio and summerhouse flanked by maintained borders.

To the side, there is a decked area which overlooks the sizeable pond. Beyond this, steps lead down to a further garden area, laid with gravel and having raised planters - ideal for those wanting to grow their own!

The property also benefits from solar panels to the south facing roof space, which are included in the sale.

To view this beautifully presented bungalow on a wonderful plot, please contact John German Loughborough office.

Tenure: Freehold (purchasers are advised to satisfy themselves as to the tenure via their legal representative).
Services: Mains water, drainage, electricity and gas are believed to be connected to the property but purchasers are advised to satisfy themselves as to their suitability.
Useful Websites:

Our Ref: JGA/24112023
Local Authority/Tax Band: Charnwood Borough Council / Tax Band E

 

Listed by

Loughborough

John German

Reference: 142517255

EPC ratings on this postcode

We don't have a matched EPC for this property yet. Below are efficiency scores and details for other addresses on this postcode.

Address Current Potential Floor area Age band Type
1, Grassholme Drive, LOUGHBOROUGH 71 80 179 m² England and Wales: 1983-1990 Detached
1, Grassholme Drive, LOUGHBOROUGH 69 81 161 m² England and Wales: 1983-1990 Detached
1, Grassholme Drive, LOUGHBOROUGH 58 80 189 m² England and Wales: 1983-1990 Detached
10, Grassholme Drive, LOUGHBOROUGH 71 82 165 m² England and Wales: 1976-1982 Detached
16, Grassholme Drive, LOUGHBOROUGH 70 83 114 m² England and Wales: 1976-1982 Detached
17 Grassholme Drive, LOUGHBOROUGH 71 82 130 m² England and Wales: 1976-1982 Detached
2, Grassholme Drive, LOUGHBOROUGH 70 83 116 m² England and Wales: 1983-1990 Detached
24 Grassholme Drive, LOUGHBOROUGH 74 84 154 m² England and Wales: 1983-1990 Detached
28, Grassholme Drive, LOUGHBOROUGH 70 84 120 m² England and Wales: 1983-1990 Detached
3, Grassholme Drive, LOUGHBOROUGH 69 81 153 m² England and Wales: 1976-1982 Detached
3, Grassholme Drive, LOUGHBOROUGH 57 81 153 m² England and Wales: 1976-1982 Detached
31 Grassholme Drive, LOUGHBOROUGH 64 80 167 m² England and Wales: 1991-1995 Detached
32, Grassholme Drive, LOUGHBOROUGH 64 85 100 m² England and Wales: 1976-1982 Detached
33 Grassholme Drive, LOUGHBOROUGH 69 77 123 m² England and Wales: 1976-1982 Detached
36, Grassholme Drive, LOUGHBOROUGH 70 82 122 m² England and Wales: 1976-1982 Detached

Flood risk

Zone: 1

Risk: Low

Job (default Low)

Floorplans

Floorplan 1

Floorplan 1

EPC Graphs

EPC 1

EPC 1

Price history

No sales history found for this property in Land Registry Price Paid data.

Sold Comparables

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

Address Price Date Type
4 BARDEN CLOSE, LOUGHBOROUGH, CHARNWOOD, LEICESTERSHIRE, LE11 4WD £275,000 19/12/2025 Detached
11 RAVENSTHORPE DRIVE, LOUGHBOROUGH, CHARNWOOD, LEICESTERSHIRE, LE11 4PU £380,000 25/10/2023 Detached
31 NASEBY DRIVE, LOUGHBOROUGH, CHARNWOOD, LEICESTERSHIRE, LE11 4NU £274,000 30/01/2023 Detached
29 EYEBROOK CLOSE, LOUGHBOROUGH, CHARNWOOD, LEICESTERSHIRE, LE11 4PS £350,000 05/12/2022 Detached
34 EYEBROOK CLOSE, LOUGHBOROUGH, CHARNWOOD, LEICESTERSHIRE, LE11 4PS £435,000 26/10/2022 Detached
Same street 28 GRASSHOLME DRIVE, LOUGHBOROUGH, CHARNWOOD, LEICESTERSHIRE, LE11 4NS £410,000 07/10/2022 Detached
6 CROPSTON AVENUE, LOUGHBOROUGH, CHARNWOOD, LEICESTERSHIRE, LE11 4PR £415,000 16/09/2022 Detached
2 LANESHAW AVENUE, LOUGHBOROUGH, CHARNWOOD, LEICESTERSHIRE, LE11 4NT £422,500 30/08/2022 Detached
1 HOWDEN CLOSE, LOUGHBOROUGH, CHARNWOOD, LEICESTERSHIRE, LE11 4NR £448,000 08/07/2022 Detached
23 EYEBROOK CLOSE, LOUGHBOROUGH, CHARNWOOD, LEICESTERSHIRE, LE11 4PS £379,000 01/07/2022 Detached
Same street 1 GRASSHOLME DRIVE, LOUGHBOROUGH, CHARNWOOD, LEICESTERSHIRE, LE11 4NS £527,000 15/06/2022 Detached
42 ROUNDHILL WAY, LOUGHBOROUGH, CHARNWOOD, LEICESTERSHIRE, LE11 4WB £310,000 22/04/2022 Detached
10 NASEBY DRIVE, LOUGHBOROUGH, CHARNWOOD, LEICESTERSHIRE, LE11 4NU £312,500 04/03/2022 Detached
16 BARDEN CLOSE, LOUGHBOROUGH, CHARNWOOD, LEICESTERSHIRE, LE11 4WD £280,000 04/02/2022 Detached
7 BARDEN CLOSE, LOUGHBOROUGH, CHARNWOOD, LEICESTERSHIRE, LE11 4WD £345,678 04/02/2022 Detached
10 CROPSTON AVENUE, LOUGHBOROUGH, CHARNWOOD, LEICESTERSHIRE, LE11 4PR £440,000 10/12/2021 Detached
15 EYEBROOK CLOSE, LOUGHBOROUGH, CHARNWOOD, LEICESTERSHIRE, LE11 4PS £270,000 10/09/2021 Detached
26 ROUNDHILL WAY, LOUGHBOROUGH, CHARNWOOD, LEICESTERSHIRE, LE11 4WB £215,000 06/08/2021 Detached
7 RAVENSTHORPE DRIVE, LOUGHBOROUGH, CHARNWOOD, LEICESTERSHIRE, LE11 4PU £310,000 30/07/2021 Detached
11 CROPSTON AVENUE, LOUGHBOROUGH, CHARNWOOD, LEICESTERSHIRE, LE11 4PR £288,000 22/07/2021 Detached
11 BUTTERLEY DRIVE, LOUGHBOROUGH, CHARNWOOD, LEICESTERSHIRE, LE11 4PX £280,005 22/07/2021 Detached

Street average: £468,500 (2 sales)

Area average: £338,404 (19 sales)

Capital growth trend

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

5y growth 1.7%
10y growth 32.1%

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

1y (index) 2.2%
5y (index) 19.8%
10y (index) 50.6%

Rental Range

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

Low £860/mo
Realistic £955/mo
Optimistic £1,051/mo

Based on Local Authority from postcode lookup → Charnwood.

LHA (30th percentile) floor for Leicester: £773/mo (Apr 2025 – Mar 2026)

Location

Address

Grassholme Drive

Nearby

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

Type Name Distance
Bus stop Val Wilson Court 0.2 miles
Shop Unknown 0.2 miles
University Loughborough University Science and Enterprise Park 0.5 miles
University Loughborough University 0.6 miles
Train station Loughborough Central 2.3 miles
Train station Loughborough 2.5 miles
Hospital Whitwick Health Centre 4.9 miles
Hospital Main Entrance 8.3 miles

Street-level crime

Category Count
Anti-social behaviour 17
Violence and sexual offences 14
Other theft 6
Bicycle theft 5
Criminal damage and arson 5
Burglary 3
Other crime 3
Public order 2
Vehicle crime 2
Drugs 1
Possession of weapons 1
Shoplifting 1
Total incidents 60

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
Booth Wood Primary School Primary 0.4 miles Outstanding — 15 Jan 2013
Ashmount School Other 0.5 miles Outstanding — 6 May 2014
Charnwood College Secondary 0.6 miles Good — 11 Oct 2022
De Lisle College Loughborough Leicestershire Secondary 0.7 miles Good — 30 Apr 2014
Thorpe Acre Junior School Primary 0.7 miles Good — 13 Mar 2013

Rental Comparables

Residential lets from OpenRent and Rightmove for the area (same bedroom count). Use to validate rent estimates. Student lets are excluded.

Title Rent Beds Distance As seen on
3 Bed Semi-Detached House, Sharpley Road, LE11 £1,100/mo 3 0.29 miles OpenRent
3 Bed Semi-Detached House, Abberton Way, LE11 £1,100/mo 3 0.3 miles OpenRent
3 Bed Semi-Detached House, Sharpley Road, LE11 £1,300/mo 3 0.32 miles OpenRent
3 Bed Semi-Detached House, Loughborough, LE11 £1,250/mo 3 0.61 miles OpenRent

Average rent: £1,188/mo (4 listings)

Rent-driven metrics

Based on OpenRent comparables.

Rent ratio 0.26%
Max investor price (0.8%) £146,875
Target investor price (1%) £117,500
Gross yield 3.1%
Cost-to-rent ratio 31.9×
Monthly cashflow £-740/mo 75% LTV, 3.95% APR (5yr fixed), 25yr term
Cash-on-cash ROI -6.8%
  • 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).
  • Cost-to-rent — Price ÷ annual rent (from OpenRent comparables). Under 14× = strong, 14–16× = acceptable, 17×+ = compressed.
  • Cashflow — Rent minus mortgage, 10% maintenance, £25/mo compliance. Assumes 75% LTV, 3.95% APR (5yr fixed), 25yr term.
  • ROI — Annual profit ÷ cash in (deposit + 4% purchase costs).

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