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See how verdicts work2-bedroom bungalow · LE17 4AS
For saleListed 104 days
Opportunity summary
See Archie’s verdict, returns by strategy and what to check before viewing.
About
Summary This two bedroom detached bungalow is situated in the sought after village location of Lutterworth.
The property commands a large plot with an idyllic rear garden and substantial driveway for parking. Viewing is highly recommended to appreciate the accommodation this property has to offer.
Description Lutterworth is a market town and civil parish in the Harborough district of Leicestershire.
The name of Lutterworth is probably derived from the Old Norse name "Lutter's Vordig" meaning Luther's farm. Lutterworth was mentioned in the Domesday Book of 1086.
There are two primary schools - John Wycliffe and Sherrier Primary Schools, Lutterworth High School and Lutterworth College.
Several supermarkets including Morrisons, Waitrose & Aldi, lots of local shops and is conveniently located for the Motorway network and for Magna Park.
Porch There is a door to the front and is open to the hallway. Hallway Is open from the porch, airing cupboard and central heating radiator.
Lounge There are double glazed French doors leading out to the rear garden, coving to the ceiling, central heating radiator and fire place with brick built surround.
Kitchen Fitted with wall and base units, work surfaces housing the stainless steel sink drainer, integrated oven and hob, integrated dish washer, plumbing for a washing machine, space for a fridge freezer, door to the rear of the property and double glazed windows to the rear and side of the property.
Bedroom One With a double glazed window to the front of the property, coving to the ceiling and central heating radiator.
Bedroom Two With a double glazed window to the front of the property, coving to the ceiling and central heating radiator.
Wetroom There is a shower, wash hand basin, wc, fully tiled walls, central heating radiator and double glazed window to the side of the property.
Outside At the front of the property there is off road parking. The rear garden has a patio seating area, lawn and mature shrubs. Directions Rye Hill Avenue is located off Station Road in Lutterworth.
1.
Money laundering regulations - Intending purchasers will be asked to produce identification documentation at a later stage and we would ask for your co-operation in order that there will be no delay in agreeing the sale.
2: These particulars do not constitute part or all of an offer or contract. 3: The measurements indicated are supplied for guidance only and as such must be considered incorrect.
4: Potential buyers are advised to recheck the measurements before committing to any expense.
5: Connells has not tested any apparatus, equipment, fixtures, fittings or services and it is the buyers interests to check the working condition of any appliances.
6: Connells has not sought to verify the legal title of the property and the buyers must obtain verification from their solicitor.
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
This is not financial or investment advice. Prop AI Deals is not authorised by the Financial Conduct Authority (FCA) to provide investment advice.
All investment calculators, property analyses, and AI-generated insights are for informational purposes only. Property investment carries risk and may result in financial loss. All calculations should be independently verified and you should consult with FCA-authorised financial advisers before making any investment decisions.
Past performance does not guarantee future results. Tax implications vary by individual circumstances.
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 15, Rye Hill Avenue, Lutterworth
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