2-bedroom bungalow · LE5 2HH
For saleListed 18 days
Opportunity summary
See Archie’s verdict, returns by strategy and what to check before viewing.
About
STUNNING BUNGALOW LIVING Looking to view? Call and press option 2. Stunning style and a spacious surprise!
Situated just off popular Scraptoft Lane, this beautifully presented two-bedroom semi-detached bungalow boasts two double bedrooms, an impressive open-plan lounge/kitchen/diner and a converted loft room.
A landscaped, low-maintenance rear garden is perfect for relaxing and entertaining. Offered with no upward chain.
The front door opens into a welcoming hallway, providing access to the main ground-floor accommodation.
The beautifully presented lounge features a contemporary fireplace media wall, illuminated display recesses and a front-facing window.
Opening directly into the kitchen/diner, it creates a sociable space for everyday living and spending time with friends and family.
The kitchen is fitted with striking navy shaker-style units, contrasting work surfaces and a range cooker with extractor above.
A generous breakfast bar provides space for casual dining, while there is space for an American-style fridge freezer. A rear-facing window and door connect the kitchen to the garden.
The master bedroom overlooks the rear garden and offers ample room for a double bed and additional furniture.
The second double bedroom features a lovely bay window and is currently arranged as an additional sitting room, demonstrating the flexibility of the layout.
Stairs from this room lead to the converted loft room. The modern ground-floor shower room is fitted with a walk-in shower, vanity wash hand basin, WC and heated towel rail.
Upstairs, the spacious converted loft room features two roof windows and useful eaves storage. A freestanding bathtub adds an eye-catching touch to this additional space.
Outside, the landscaped rear garden is designed for low-maintenance enjoyment, with generous paved areas, decorative gravel and established planting.
A substantial timber pergola creates a wonderful spot for outdoor dining, summer barbecues and relaxing with guests.
A useful outbuilding provides a separate utility space with room for a washing machine, alongside an outside WC.
Gated side access leads to the front, where a driveway provides off-road parking beside a neatly arranged gravelled garden.
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 Compass Road, Off Scraptoft Lane, Leicester, LE5
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