We've tightened what earns a Pursue. A home now needs a published valuation, a strategy that still makes money after real running costs and lender stress tests, and no listing problems that would stop a mortgage. You'll see fewer Pursues, and each one has been checked harder.
See how verdicts work3-bedroom bungalow · DE12 7JL
For saleListed 5 days
Opportunity summary
See Archie’s verdict, returns by strategy and what to check before viewing.
About
An outstanding opportunity to acquire a substantial detached bungalow set within an impressive plot of approximately 0.4 acres, offering exciting potential for modernisation, extension or possible development, subject to the necessary planning permissions.
Occupying a peaceful position at the end of a cul-de-sac within the heart of Measham, the property offers three bedrooms, two reception rooms, a kitchen, bathroom and extensive off-road parking.
Offered for sale with no upward chain, this is a rare opportunity for homeowners, developers and investors alike.
Tucked away at the end of a long driveway approach, the bungalow enjoys a generous plot with gardens extending around the property and extensive parking for numerous vehicles.
The gardens are predominantly laid to lawn, with gravelled and paved areas to the rear providing lower-maintenance outdoor space.
Accommodation: A UPVC entrance door opens into a wide central reception hallway, providing access to the principal living accommodation.
To the left, the main living room enjoys dual-aspect windows overlooking the surrounding gardens, creating a light and welcoming reception space.
A connecting door leads through to the separate dining room, which also benefits from a side-facing window.
An open archway leads into the kitchen, where a range of wall and base-mounted cabinets is arranged along two sides of the room, complemented by roll-edge work surfaces and an inset sink with a window above.
There is a variety of spaces for appliances, while a rear door leads into a useful porch with a further uPVC double-glazed external door.
The three well-proportioned bedrooms are arranged along the western side of the property, accessed from an inner hallway.
The accommodation is completed by a family bathroom fitted with a bath, glazed shower screen and electric shower over, WC and pedestal wash hand basin.
Outside: The property occupies a particularly generous plot of approximately 0.4 acres, with gardens wrapping around the bungalow and extensive parking to the front.
The combination of the property's position, plot size and existing accommodation makes this an especially appealing proposition for those seeking a bungalow to improve and extend, or for buyers wishing to investigate the potential for further development, subject to the appropriate consents.
Situated within the heart of Measham, this is a rare opportunity to acquire a property with such considerable scope and flexibility, offered to the market with no upward chain.
Agents notes: The very first small section of access drive is across a neighbouring shared drive, with a shared responsibility for maintenance/upkeep. The property is situated in an ex mining area.
The bungalow and adjoining land are held under two separate title registrations, presenting an interesting opportunity for buyers to explore the potential uses of the land independently of the existing property, subject to any necessary consents and verification of the title and shared access drive arrangements.
Tenure: Freehold (purchasers are advised to satisfy themselves as to the tenure via their legal representative).
Please note: It is quite common for some properties to have a Ring doorbell and internal recording devices.
Property construction: Standard Parking: Off road Electricity supply: Mains Water supply: Mains Sewerage: Mains Heating: Mains gas (Purchasers are advised to satisfy themselves as to their suitability).
Broadband type: TBC See Ofcom link for speed: Mobile signal/coverage: See Ofcom link Local Authority/Tax Band: North West Leicestershire District Council / Tax Band C Useful Websites: Our Ref: JGA20102026 The property information provided by John German Estate Agents Ltd is based on enquiries made of the vendor and from information available in the public domain.
If there is any point on which you require further clarification, please contact the office and we will be pleased to check the information for you, particularly if contemplating travelling some distance to view the property.
Please note if your enquiry is of a legal or structural nature, we advise you to seek advice from a qualified professional in their relevant field.
We are required by law to comply fully with The Money Laundering Regulations 2017 and as such need to complete AML ID verification and proof / source of funds checks on all buyers and, where relevant, cash donors once an offer is accepted on a property.
We use the Checkboard app to complete the necessary checks, this is not a credit check and therefore will have no effect on your credit history.
With effect from 1st March 2025 a non-refundable compliance fee of £30.00 inc.
VAT per buyer / donor will be required to be paid in advance when an offer is agreed and prior to a sales memorandum being issued.
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

FAQ
About Iveagh Close, Measham
Explore nearby