Right Rent Logo

Renting in Loughborough, Leicestershire

Renting in Loughborough, Leicestershire

Welcome to Renting in Loughborough

Loughborough, a vibrant market town nestled in the heart of Leicestershire, offers an appealing blend of suburban charm and bustling town life. Known for its distinguished university, the town is a hub of innovation and development, which has led to a surge in the local property market. Renting in Loughborough has become an attractive proposition for a diverse range of tenants, from students and academics to professionals and families, all drawn to the town’s amenities and community spirit.

A Glimpse into Loughborough’s Past

Steeped in history, Loughborough’s cultural tapestry is rich with heritage. The town’s historical roots are evident in its impressive landmarks, such as the beautiful All Saints Parish Church and the famed Loughborough Carillon Tower and War Memorial, both adding a sense of grandeur to the local skyline. The town’s history is closely tied to the bell foundry and the Great Central Railway, which have both played a significant role in shaping its identity.

Renting Popularity in Loughborough

The demand for renting in Loughborough has been on an upward trajectory, thanks in part to the town’s excellent educational institutions and its proximity to major cities like Nottingham and Leicester. The variety of rental options, from modern apartments to traditional terraced houses, caters to a wide spectrum of preferences, ensuring that there’s something for everyone who wishes to call Loughborough home.

Whether you are a student looking for a convenient place near the university or a family seeking a peaceful neighbourhood, renting in Loughborough offers a lifestyle that combines the best of both worlds.

Types of Properties Available in Loughborough

Varied Accommodation Choices

Those interested in renting in Loughborough will find a diverse array of property types to suit different preferences and needs. The town offers a selection of flats, including studio and multi-bedroom options, ideal for students, professionals, and couples. For families or individuals desiring more space, there are terraced, semi-detached, and detached houses available, many of which come with gardens and additional amenities. Loughborough’s rental market also caters to those looking for shared accommodations, with an abundance of house shares tailored to the student population.

Average Rent Prices

Cost of Renting in Loughborough

Rent prices in Loughborough are relatively reasonable compared to larger cities in the UK. On average, renting a one-bedroom flat can cost around £500-£600 per month, whereas a two-bedroom house typically ranges from £700 to £850 per month. Larger properties, such as three-bedroom houses, can be found for approximately £850 to £1,200 per month, depending on the location and condition of the property.

Popular Neighbourhoods for Renters

Top Areas for Rental Demand

Golden Triangle, situated between the town centre and the university, is highly sought-after due to its proximity to amenities and the university campus. For those seeking a quieter environment, the areas of Forest Side and Thorpe Acre offer a more suburban feel. The town centre itself is also popular, particularly among young professionals and those who enjoy the convenience of nearby shops, restaurants, and entertainment options. Renting in Loughborough offers a blend of urban and suburban living, catering to a wide range of lifestyles and preferences.

For a comprehensive understanding of life in this vibrant town, continue reading to learn about transportation and connectivity in Loughborough, Leicestershire.

Public Transport Options in Loughborough

When it comes to renting in Loughborough, residents have a variety of public transport options to choose from. The town is well-served by a network of buses, providing connections to various local destinations as well as to nearby cities. Additionally, Loughborough’s railway station is a major plus for renters, offering regular services on the Midland Main Line. This means direct trains to London St Pancras, Nottingham, and Sheffield are readily available, facilitating smooth commutes for those working or studying in these cities.

Accessibility to Nearby Cities and Towns

Renters in Loughborough will find accessibility to neighbouring cities and towns to be a breeze. The town’s central location in Leicestershire ensures that major urban centres like Leicester, Derby, and Birmingham are all within easy reach. This is particularly beneficial for professionals and students who require frequent travel as part of their daily routine. The proximity of the M1 motorway also makes travelling by car an efficient option for those who prefer to drive.

Average Commute Times

The average commute time for individuals renting in Loughborough is quite reasonable, considering the town’s excellent transport links. The train journey to Leicester, for example, typically takes around 15 minutes, while a trip to Nottingham is about 20 minutes. Bus commutes within the town and to surrounding areas also boast reasonable durations, ensuring that tenants can manage their time effectively, whether they’re travelling for work, education, or leisure.

Read on to find out about local amenities in Loughborough, Leicestershire, and how they can complement your lifestyle while renting in this vibrant town.

Shopping Centres and High Streets

When exploring the options for renting in Loughborough, prospective residents will be pleased to find a bustling town centre offering a variety of shopping experiences. The Carillon Court and the Rushes Shopping Centre provide a selection of high-street brands, boutiques, and independent shops, catering to all your retail needs. Loughborough’s market is also a highlight, with its rich tradition of local vendors offering fresh produce, crafts, and household goods, contributing to the town’s vibrant community atmosphere.

Parks and Recreational Areas

Loughborough is enriched with green spaces, making it an ideal location for those who appreciate the outdoors while renting in Loughborough. Queen’s Park is a serene oasis with a bandstand and play areas, perfect for family outings, while Charnwood Water offers picturesque walks around its lake. For sports enthusiasts, the town boasts numerous facilities, including the Loughborough University’s world-class sports amenities that are open to the public.

Healthcare Facilities

Healthcare is well catered for in Loughborough, with a range of services available to residents. The Loughborough Hospital offers outpatient services and minor injuries units, whilst numerous GP surgeries and health clinics are distributed throughout the town. Dental practices and specialist medical services ensure that all health and wellbeing needs are met within the community.

Educational Institutions

Education is a cornerstone of Loughborough’s community, featuring highly regarded schools and further education institutions. Loughborough University is renowned globally, particularly for its outstanding sports and engineering faculties. Loughborough College provides vocational training and A-level courses, while a selection of primary and secondary schools offers excellent education provisions for younger students.

Continue reading to discover more about leisure and entertainment in Loughborough, Leicestershire, and how it complements the lifestyle of renting in this dynamic town.

A. Pubs, Restaurants, and Cafes

For those interested in renting in Loughborough, the town offers a delightful array of pubs, restaurants, and cafes suited to all tastes. From traditional English pubs serving hearty meals to contemporary cafes ideal for a morning coffee, the culinary scene is bustling. Food enthusiasts can explore international cuisine at various eateries, including Italian trattorias and Asian fusion restaurants, ensuring a global dining experience right in the heart of Leicestershire.

B. Cultural and Historical Attractions

Loughborough is steeped in culture and history, with landmarks such as the Loughborough Carillon Tower and War Memorial, which provides insight into the town’s heritage. Art lovers renting in Loughborough will appreciate the Charnwood Museum and the Martin Hall Theatre, showcasing local art and performances. The town’s historical tapestry is further enriched by the Great Central Railway, the UK’s only double-track heritage railway, providing a unique journey into the past.

C. Sports and Fitness Facilities

Sporting enthusiasts will find Loughborough’s sports and fitness facilities second to none. Home to the renowned Loughborough University, the town boasts world-class sporting venues, including an athletics stadium and swimming pools. For those seeking a more leisurely fitness regime, there are numerous gyms, yoga studios, and parks perfect for jogging or a game of football with friends.

D. Local Events and Festivals

The vibrant local events and festivals calendar is a highlight for residents. The Loughborough Fair and the Picnic in the Park are annual events that foster community spirit. Music, food, and entertainment are in full swing during these festivities, which are a must-attend for anyone renting in Loughborough and looking to immerse themselves in local culture.

Read on to find out about the community in Loughborough, Leicestershire, and how it further enhances the experience of renting in this dynamic town.

Demographics and Diversity

Loughborough, a vibrant town in Leicestershire, is characterised by its diverse population, which includes students, families, and professionals. The presence of Loughborough University adds a youthful dynamism and brings together individuals from around the world, contributing to the area’s cultural richness. Renting in Loughborough offers an opportunity to be a part of this eclectic mix, where community events and festivals celebrate this diversity throughout the year.

Safety and Crime Rates

When considering renting in Loughborough, potential residents often inquire about safety and crime rates. Generally, the town is considered to be safe, with crime rates that are relatively low compared to larger cities. Neighbourhood policing and community safety initiatives are active, aiming to maintain a secure environment for all residents. However, as with any area, it is prudent to remain vigilant and stay informed about local safety advice.

Social Clubs and Networking Opportunities

Loughborough is rich in social clubs and networking opportunities, catering to a variety of interests and career fields. From sports clubs and fitness groups to business networks and creative collectives, there’s something for everyone. These clubs not only foster personal growth and development but also provide a platform for building valuable connections within the community. For newcomers, joining one of these groups can be a fantastic way to settle in and feel at home.

Read on to discover the pros and cons of living in Loughborough, Leicestershire, and decide if renting in this diverse and engaging community is right for you.

Advantages of Renting in Loughborough, Leicestershire

Affordability and Accessibility

One of the primary benefits of renting in Loughborough is the affordability of properties in comparison to other areas in the UK. The town offers a diverse range of rental options catering to various budgets, from cosy studio flats to larger family homes. Additionally, Loughborough’s central location within Leicestershire provides excellent transport links, with easy access to major cities like Leicester, Nottingham, and Derby, making it an ideal location for commuters. Its university presence also ensures a vibrant and dynamic community, with plenty of amenities and services tailored to renters’ needs.

Community and Lifestyle

Loughborough boasts a strong sense of community, enhanced by the presence of Loughborough University and its renowned sporting facilities. Renters in Loughborough can take advantage of local parks, cultural events, and the bustling market town atmosphere. The presence of students and a diverse population creates a lively and inclusive environment, which is a significant draw for renters looking for a balanced lifestyle.

Potential Drawbacks or Challenges

Housing Demand and Competition

However, renting in Loughborough can come with its challenges. The high demand for rental properties, particularly during the academic year, can lead to increased competition and prices, potentially making it difficult for some renters to secure their preferred accommodation. Additionally, as with any popular rental market, there can be issues with rental property scarcity, especially in sought-after locations close to the university or town centre.

Seasonal Fluctuations

Seasonal fluctuations are also a factor, with the influx of students in term time potentially impacting the availability and pricing of rental properties. Non-student renters may find this seasonality an inconvenience, as it can affect not only housing but also the general pace of life in the town.

Comparison with Other Towns in the UK

When compared to other towns in the UK, renting in Loughborough offers a competitive edge primarily due to its affordability and central location. While places like Oxford and Cambridge also cater to a large student population, they often come with a higher rental price tag. In contrast, northern towns such as Leeds or Manchester, although offering a similar vibrant urban experience, might not provide the same small-town community feel that one can enjoy in Loughborough. Ultimately, Loughborough strikes a balance between cost-effectiveness and quality of life, making it an attractive option for a diverse range of renters.

Conclusion: Your Guide to Renting in Loughborough

In summary, renting in Loughborough, Leicestershire, presents a variety of options suitable for students, professionals, and families alike. We’ve covered the essential factors to consider, from understanding the local rental market to recognising the importance of location, amenities, and transport links. Our insights into budgeting effectively and acknowledging the significance of a well-maintained property should guide you smoothly through the rental process.

Personal Recommendation for Renters in Loughborough

If you’re on the hunt for your next rental home in Loughborough, I highly recommend prioritising properties that align with your lifestyle and commuting needs. Consider the proximity to Loughborough University for students or the ease of access to local businesses for working professionals. Moreover, Loughborough’s charm and community spirit make it a delightful place to live, so take the time to find a property that feels like home.

Find Your Perfect Home with Right Rent

For those committed to finding the ideal home, explore Right Rent’s property listings. Their extensive selection of rental properties is sure to cater to your preferences and needs. Whether you’re looking for a cozy studio or a spacious family house, you’ll find that renting in Loughborough is a breeze with Right Rent. Visit their website today, and discover a place where you’ll love to live!

Amelia Townsend

Amelia regularly contributes to the Right Rent blog; sharing all the latest news, crafting informative articles and sourcing the very best rental content for our readers.

Explore top developments

Find nearby, top-rated or recently added build-to-rent developments.

Fizzy Living · Build-to-Rent Landlord

  • from £1,775/month
  • Blackhorse Ln

Morro · Co-Living Landlord

  • from £1,300/month
  • Scape House

Leaf Living · Build-to-Rent Landlord

  • from £1,600/month
  • Braintree Rd

Quintain Living · Build-to-Rent Landlord

  • from £1,690/month
  • 10 Elvin Gdns

Vertus · Build-to-Rent Landlord

  • from £2,300/month
  • 10 George Street

Greystar · Build-to-Rent Landlord

  • from £2,425/month
  • 32 Harbour Way

Fizzy Living · Build-to-Rent Landlord

  • from £1,320/month
  • 8 Pressing Ln

Leaf Living · Build-to-Rent Landlord

  • from £1,225/month
  • Old Bottle Wy

Greystar · Build-to-Rent Landlord

  • from £1,450/month
  • 714 London Road

Quintain Living · Build-to-Rent Landlord

  • from £1,830/month
  • 1 Atlantic Cres

Vertus · Build-to-Rent Landlord

  • from £2,400/month
  • Newfoundland Place

Ark Co Living · Co-Living Landlord

  • from £1,499/month
  • Wembley ARK
Right Rent Logo

About

Copyright © Right Rent 2023