2-bedroom bungalow · LE7 9PH
Sold STCReduced £10k (−5.9%) on 11 SepListed 82 days
Opportunity summary
See Archie’s verdict, returns by strategy and what to check before viewing.
About
Lodge Mews, Grange Lane, Thurnby, Leicester, Leicestershire, LE7 9PH Leasehold Well-Presented Two Bedroom Semi-Detached Bungalow for the Over 55s in a Sought-After Village Location Situated within the desirable and well-maintained Lodge Mews development in the heart of Thurnby, this attractive two-bedroom bungalow offers comfortable, low-maintenance living exclusively for the over 55s.
The accommodation comprises an entrance hall, a spacious lounge providing an excellent space for relaxation and entertaining, a fitted kitchen, two well-proportioned bedrooms and a bathroom.
The property benefits from double glazing, electric heating and enjoys a pleasant position within this popular retirement community.
Externally, residents can enjoy attractive communal grounds all within a peaceful setting.
The property offers an excellent opportunity for those seeking independent living whilst benefitting from a friendly and established community environment.
Thurnby is a highly regarded Leicestershire village offering a range of local amenities, including shops, pubs and regular bus services, whilst Leicester city centre and major road networks are within easy reach.
This delightful bungalow is ideal for purchasers looking to downsize and enjoy a relaxed lifestyle in a sought-after village location.
Please note that an aml fee is chargeable to the buyer once an offer is accepted to cover the cost of carrying out the required identity and anti-money laundering checks.
Once these checks have been completed, the fee cannot be refunded, even if the property purchase does not go ahead.
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
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FAQ
About 11 Lodge Mews,, Grange Lane, Leicester
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