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See how verdicts work2-bedroom bungalow · LE16 9JJ
No longer listedListed 71 days
Opportunity summary
See Archie’s verdict, returns by strategy and what to check before viewing.
About
An excellent opportunity to acquire a well-proportioned semi-detached bungalow that offers far more accommodation than its two-bedroom description suggests, benefiting from the footprint of a three-bedroom property.
The original third bedroom has been thoughtfully converted into a bathroom, creating flexible and generously sized living space throughout.
The property is entered via a welcoming hallway, which leads through to a well-presented living room, complete with an open fire that provides a wonderful focal point and a cosy atmosphere during the colder months.
The adjoining dining room offers a natural space for entertaining and family meals, while the conservatory to the rear provides a versatile addition to the living accommodation.
The kitchen is well positioned within the layout, with a separate WC/utility room offering valuable additional practicality that is often missing in bungalows of this size.
Two comfortable bedrooms complete the internal accommodation, with the bathroom occupying what was originally the third bedroom, a conversion that has been carried out to good effect, and one which offers a prospective purchaser the option to reconfigure the layout back to a three bedroom arrangement, subject to the usual consents.
Externally, the property continues to impress.
A driveway provides convenient off-road parking, leading to a garage that provides further secure parking or storage, with a useful wood and coal store positioned to the side of the house, in front of the garage, ideal for the open fire.
The garden itself is a particular highlight: generously sized, laid out with low maintenance in mind, and enjoying a private, non-overlooked position.
Two large sheds, a 6ft x 8ft timber shed and a substantial 10ft x 13ft metal shed, provide exceptional storage for tools, equipment, or hobbies.
This is a rare chance to purchase a bungalow with genuine scope, flexibility, and outdoor space rarely found at this level.
LIVING ROOM 14' 05" x 14' 00" (4.39m x 4.27m) Rear French doors, fireplace with open fire, wood store cupboard. DINING ROOM 12' 09" x 13' 00" (3.89m x 3.96m) Rear French doors, radiator.
KITCHEN 10' 11" x 7' 10" (3.33m x 2.39m) Sink, space for cooker, rear door, rear window.
WC / UTILITY ROOM 7' 03" x 5' 00" (2.21m x 1.52m) Side opaque window, toilet, hand basin, space for washing machine, access to boiler.
BATHROOM 9' 03" x 7' 05" (2.82m x 2.26m) Toilet, hand basin, bathtub, shower unit, side opaque window, towel radiator. HALL Two storage cupboards, loft access, radiator.
BEDROOM ONE 14' 08" x 10' 07" (4.47m x 3.23m) Front window, radiator. BEDROOM TWO 10' 11" x 7' 03" (3.33m x 2.21m) Front window, radiator. GARAGE 7' 11" x 14' 02" (2.41m x 4.32m)
Value & comps
No previous sales on record.
Returns
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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
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FAQ
About Balfour Gardens, Market Harborough
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