2-bedroom bungalow · LE3 3FE
For saleListed 320 days
Opportunity summary
See Archie’s verdict, returns by strategy and what to check before viewing.
About
This superb new build dorma bungalow offers an exciting opportunity to secure a brand-new, low-maintenance home in a desirable part of Leicester Forest East.
Currently being built with comfort and efficiency at the forefront, the property includes downstairs underfloor heating, electric car charging, and a flowing ground floor layout designed for everyday living.
The heart of the home is the generous kitchen/family room, ideal for entertaining or relaxing, complemented by a spacious lounge at the front of the property.
Upstairs, two well-proportioned bedrooms provide comfortable sleeping space along with a modern family bathroom.
The property’s thoughtful dormer design maximises head height and natural light, offering the benefits of a bungalow with the versatility of two-storey living.
Located on a sought-after residential road within Leicester Forest East, the home is perfectly placed for local amenities, scenic walks, commuter routes, and excellent schools.
With a 10 year warranty, an exhaust heat pump heating system, and solar panels for modern energy-saving technologies, this home represents an excellent opportunity for anyone looking for a future-proofed and stylish place to live.
Early interest is encouraged as construction progresses. Ground Floor Hall Lounge: 5.10m x 3.18m (16' 9" x 10' 5") Kitchen/Family Room: 7.37m x 6.22m (24' 2" x 20' 5") W.C.
First Floor Bedroom One: 7.37m x 3.41m (24' 2" x 11' 2") Bedroom Two: 3.46m x 3.41m (11' 4" x 11' 2") Bathroom: 2.58m x 1.70m (8' 6" x 5' 7") what3words: bound.became.gifted
Value & comps
No previous sales on record.
Returns
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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

FAQ
About 1 Forest Close Leicester Forest East Leicester LE3 3FE
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