2-bedroom house · LE17 5LY
For saleListed 44 days
Opportunity summary
See Archie’s verdict, returns by strategy and what to check before viewing.
About
Ideal First Time Buy! - Situated in this sought after South Leicestershire village you will find this mid town house available at 65% shared ownership, providing those vital first steps on the ladder.
The accommodation comprises, entrance hall, downstairs wc, open plan living dining fitted kitchen, first floor landing, two great sized bedrooms and family bathroom.
The property benefits from gas fired central heating to radiators, double glazing with low maintenance gardens to the rear and parking set further to the rear.
The property comes with no upward chain and early viewing is highly advised.
Building Safety None that we are aware of Mobile Signal Multiple choices of mobile/broadband signal Existing Planning Permission None that we have been made aware of Coalfield Or Mining None Entrance Hall Double glazed door to the front aspect, stairs to first floor landing and radiator.
Downstairs WC Being fitted with two piece suite comprising, low level wc, hand wash basin and radiator.
Open Plan Living Fitted Dining Kitchen 10' 8" x 23' 3" (3.25m x 7.09m) UPVC double glazed window to the front/rear aspect, double glazed french doors to the rear aspect, being fitted with a range of wall and base units with built in oven, hob, extractor, sink/drainer, plumbing for washing machine, under stairs cupboard and radiator.
Bedroom One 10' 0" x 11' 1" (3.05m x 3.38m) Double glazed window to the front aspect and radiator. Bedroom Two 9' 11" x 11' 1" (3.02m x 3.38m) Double glazed window to the rear aspect and radiator.
Bathroom Double glazed window to the front aspect, being fitted with three piece suite comprising, low level wc, hand wash basin, bath with shower over and heated towel rail.
Front Garden To the front of the property there is a garden area with path way to the front door.
Rear Garden To the rear of the property there is a low maintenance garden with patio area, astro turf with rear access to where the off road parking can be located.
Additional Notes: Council tax band B (Harborough District Council) Standard Brick Construction Tiled Roof Connected to mains gas/water/electric/sewerage Multiple Choice for Broadband/phone signal No flood risks that we are aware of Rent: £181.74 pcm Buildings Insurance: £7.32 pcm Management Fee: £25.95 pcm Lease: 21st Dec 2016 for a term of 99 years.
Priority will be given to applicants with a connection to the local connection area and adjacent parishes. Other applications will be considered once the local connection aspect has been exhausted.
Please complete this form to register your priority, if applicable. Current residency information will be taken from the Local Connection Questionnaire.
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
Agent & docs
FAQ
About 16, Ashby Road, Lutterworth
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