2-bedroom bungalow · LE4 0FG
Listing removedListed 85 daysAuction 3 Sep · ended
Opportunity summary
See Archie’s verdict, returns by strategy and what to check before viewing.
About
****For sale by Public Auction on 3rd September 2026 14.00. Register to bid***** A substantial, two-bedroom detached bungalow in a popular district, ripe for redevelopment or upgrading.
Occupying a good-sized plot, the property has a rear extension forming a large dining room. There is a further lounge, two double bedrooms, a good-sized kitchen, and a bathroom.
There is a large loft room that has scope for additional accommodation subject to planning approval.
Entrance Hall Lounge (3.74m x 3.98m (12'3" x 13'0")) Kitchen (2.83m x 3.50m (9'3" x 11'5")) Dining Room (5.53m x 2.95m (18'1" x 9'8")) Bedroom 1 (3.39m x 3.50 (11'1" x 11'5")) Bedroom 2 (3.23m x 3.53m (10'7" x 11'6")) Bathroom (1.57m x 2.39m (5'1" x 7'10")) Loft Room (9.43m x 3.92m (30'11" x 12'10")) Garage (2.29m x 5.30m (7'6" x 17'4")) Store Room (2.34m x 1.82m (7'8" x 5'11")) Outside Set well back from the road with a driveway leading to the garage.
Good-sized mature, rear gardens.
Property Information Tenure: Freehold Local Authority: Leicester City Council Council Tax Band: C Type of Construction: Traditonal Services: The property is offered to the market with all mains services and gas-fired central heating.
Multiple Options for Broadband/Mobile Phone Signal. Flood Risk: Very Low The property is being sold with Vacant Possession upon completion..
Buyer's Administration Fee The successful buyers will be required to pay an auction administration fee of £1800 inc VAT ( £1,500 + VAT) Disbursements Please see the legal pack for any disbursements listed that may become payable by the purchaser on completion.
Value & comps
No previous sales on record.
See the independent valuation, upside vs guide, and per-strategy max bid for this lot. Sign in to see it.
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 starting price
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
.png)
FAQ
About 73, Anstey Lane, Leicester
Explore nearby