Thanks for the advice and the welcomes, everyone. It sounds like the commute wouldn't be too bad at all, and I had a look at google maps this morning which seemed to confirm that it would be around 25 minutes.
Regarding living in Loughborough, Keyworth itself, or elsewhere more rural, I should have mentioned that I'm in my 20s, have just finished uni, I'm single and I've been looking at houseshares. Really I was looking at places not too far away from the city centre, where there are things going on so that I can get to know people in the area. Mapperley isn't necessarily as good for that as