Offers in region of
£220,000
2 bed bungalow for saleHazel Road, Loughborough, Leicestershire LE11
2 beds
1 bath
2 receptions
EPC Rating: D
About this property
Fantastic Development Opportunity - Detached Bungalow
Planning Permission Granted for Annex
Footings Dug for Main Extension
Two Bedrooms, Lounge/Kitchen, Bathroom & Conservatory
Four Piece Bathroom Suite & Potential for En-Suite (STPP)
Set on a Large Plot
Ample Driveway Parking
Close to the Town Centre
Wheelchair accessible
The property benefits from approved planning permission for both a kitchen extension to the main dwelling and a detached annexe within the rear garden, with groundworks for the main extension already commenced. Footings have been dug, and the planning consultant has been fully paid for all required sign-off visits, offering a future purchaser a rare opportunity to progress the development with time, cost, and risk already significantly reduced.
The existing accommodation currently provides two well-proportioned bedrooms, with scope to introduce an en-suite to the principal bedroom, alongside a modern four-piece bathroom which is in the process of being completed. Set within a sizeable plot, the property lends itself to further enhancement, extension or reconfiguration (subject to final approvals), appealing strongly to investors, developers, or buyers seeking a value-add project.
Externally, the bungalow offers a large driveway providing ample off-road parking, a key consideration for resale and rental demand. The location further underpins the investment credentials, situated within close proximity to Tesco Extra, Loughborough town centre, and a wide range of shops, amenities, and transport links.
With planning consent in place, professional fees settled, and groundwork already underway, this is an exceptional opportunity to fast-track a development project and unlock both capital growth and potential additional income streams, including annexe letting or multi-generational accommodation.
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