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See how verdicts work2-bedroom bungalow · LE5 4WA
Listing removedListed 152 days
Opportunity summary
See Archie’s verdict, returns by strategy and what to check before viewing.
About
Open house: Tuesday 26th May 2026 at 6PM Till 7PM.
If you are interested in viewing please register your details via calling the office or filling out the form register here Sodhis are pleased of offer this detached bungalow on Ethel Road, Leicester LE5 4WA looks like a strong renovation opportunity with solid upside potential, especially for investors or developers targeting the Evington area.
Key highlights:- - Detached bungalow in a well-established residential area - Scope to modernise, extend, or reconfigure (subject to planning permission) - Likely attractive for flip, brrrr (Buy → Refurbish → Rent → Refinance → Repeat), or long-term family resale - Many neighbouring properties have already been extended or upgraded, which supports future value growth - Strong demand area with schools, amenities, and transport links nearby - The postcode area (LE5 4WA) is dominated by detached homes and bungalows, making it appealing for buyers wanting single-storey living or larger plots.
Property Comprises of: - Entrance Hallway - Family Sitting Room - 2 Bedrooms - Family Bathroom - Sep. WC - Rear Garden - Off Road Parking's for 3 Cars - Integral Garage
Value & comps
No previous sales on record.
Returns
Set an offer; the calculator follows it.
We're still gathering serviced-accommodation data for this area.
Archie refurb estimate: a Pro feature
0.0% below asking
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Deal
Properties like this can earn 2–3x BTL yields when converted to HMO, with retrofit costs around £10k/room. Sign in to see the full tier, yield projection, and cost breakdown.
Commercial properties like this can earn 30-50% higher yields when converted to residential under Class MA / Q / P / PA, with prior approval costing ~GBP 96/unit. Sign in to see the recommended route, yield uplift, and cost breakdown.
BRRR-suited properties can recycle 80-100% of investor capital on refi, leaving a high-yielding rental with most of the money out. Sign in to see the refurb cost stack, ARV projection, and refinance maths.
Detached + large garden = sub-division play. Pro tier unlocks the tier badge, plot size, uplift estimate, and regional land benchmark.
Short-lease flats trade at deep discount, but extending under the 1993 Act often costs far less than the discount. Pro tier unlocks the tier badge, premium breakdown, long-lease ARV and arbitrage maths.
See projected short-stay revenue vs a vanilla BTL for this property.
See real sub-let margins (HMO room rates & SA nightly rates) vs the landlord rent.
Area
Agent & docs
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FAQ
About Ethel Road, Leicester
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