2-bedroom terraced house · LE17 4AL
Listing removedListed 59 days · slow let
Opportunity summary
See Archie’s verdict, returns by strategy and what to check before viewing.
About
A unique character filled two bedroom mid terrace cottage, situated right in the centre of the desirable market town of Lutterworth.
Comprising of a large sitting room with wooden flooring, a feature chimney breast housing a wood burning stove, storage and a window to the front elevation.
Leading to a fitted kitchen with oven, gas hob, extractor fan, plumbing for a washing machine, tiled flooring throughout and a bay window overlooking the patio to rear.
Pedestrian gates provides access through neighbouring properties gardens for bin access.
A door within the kitchen provides access via stairs, down into the cellar with domed ceilings, benefiting from lighting, an electric heater and extractor.
The first floor consists of a large master bedroom with feature fire place, radiator and window to front.
The bathroom includes a large walk in shower, sink, w.c., heated towel rail and boiler cupboard which allows for storage.
The second bedroom is located in the eaves on the second floor and has a direct view of St Mary`s Church. It also provides additional storage space within the eaves.
The secure outdoor courtyard provides views of the church, and leads to the outhouse, with power, lighting and double glazing this would work well as an office.
The property benefits from gas central heating and double glazing throughout. what3words /// wrist.muscular.polices Notice All photographs are provided for guidance only.
Redress scheme provided by: Tenancy Deposit Scheme (G02952A) Client Money Protection provided by: Property Mark Client Money Protection (C0006697)
Value & comps
No previous sales on record.
Rental comparables are shown in the Rental section below. Sold comparables remain for area capital context only.
Returns
We're still gathering serviced-accommodation data for this area.
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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 Church Street, Lutterworth
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