1-bedroom bungalow · LE5 2HY
Listing removedListed 175 days
Opportunity summary
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About
Nestled away at the end of a quiet cul-de-sac, this beautifully presented and extended bungalow offers quaint living combined with modern convenience to create the most perfect of homes.
The property also offers a great opportunity for any landlords growing portfolio with a potential monthly rent of £850, providing an exceptional monthly yield of 6.18%.
The accommodation offers well portioned and versatile rooms throughout and briefly comprises of; entrance porch leading to the focal point of the property being the living room which benefits from a large window to the front aspect allowing ample natural light to seep into the room.
This flows neatly into the modern kitchen which has been fitted with a comprehensive range of wall mounted and base level units with square edged work surfaces, electric hob with extractor over and oven, plumbing for washing machine, integrated fridge/freezer.
Benefitting from the extension is the ever convenient dining area with previous usage as a home office and offers windows to two aspects and direct access into the rear garden.
Accessed directly from the inner hallway, with built in storage cupboard, is the impressive bedroom with large window overlooking the rear aspect and a modern three piece shower suite comprising of shower enclosure with tile surround, vanity sink unit and low level w.c all finished with an integrated storage cupboard and frosted window.
Externally, the property is situated at the end of a quiet and private cul-de-sac with a low maintenance garden to the front and a single garage en-bloc providing additional storage and secure parking.
The rear aspect offers a great sized and easily maintained garden with the majority paved over with timber fence surround and ample privacy, ideal for making the most of those long summer evenings.
Viewings and Directions: Strictly by appointment only through the agent Fraser Stretton Postcode for Sat Nav: LE5 2HY Council Tax Band: A Tenure: Freehold
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 Wendys Close, Thurnby Lodge
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