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See how verdicts work3-bedroom bungalow · LE5 1AJ
Opportunity summary
See Archie’s verdict, returns by strategy and what to check before viewing.
About
Oscar Richards Estate Agents are delighted to present to the market this exceptional three-bedroom detached bungalow , occupying a generous plot on the highly sought-after Pine Tree Avenue, Humberstone Offered for sale for the first time since it was built , this much-loved home has remained within the same family for generations, presenting a truly rare opportunity to acquire a property in one of Leicester's most desirable residential locations.
Perfectly suited to families, downsizers and those looking for a home with exciting future potential, the accommodation offers a spacious reception room, an open-plan kitchen/dining room overlooking the rear garden, three well-proportioned bedrooms and a family bathroom.
The generous layout provides comfortable day-to-day living whilst offering excellent scope to modernise, extend or reconfigure to suit individual requirements (subject to the necessary planning permissions).
A charming feature of the living space is the existing wood-burning stove, which offers the opportunity to be restored or upgraded to create a cosy focal point during the colder months.
The property also benefits from a recently installed Worcester Bosch combination boiler , providing efficient and reliable heating and hot water. Externally, the property continues to impress.
A substantial driveway provides off-road parking for up to four vehicles, while the generous front lawn offers further potential to create additional parking if desired.
The beautifully private rear garden is a particular highlight.
Mainly laid to lawn with a paved patio seating area, the garden enjoys sunlight throughout much of the day, creating a wonderful suntrap for relaxing or entertaining family and friends.
Fully enclosed by mature boundaries, it offers an exceptional degree of privacy and tranquillity.
The generous plot also provides exciting potential for further development, whether that be an extension, garden room or enhanced outdoor living space (subject to planning permission).
A useful garden shed provides additional external storage. The location is equally appealing.
Positioned within the ever-popular Humberstone area, the property is just a short walk from Humberstone Park , well-regarded local schools and the excellent range of shops, cafés and everyday amenities along the A47 Uppingham Road Excellent transport links provide convenient access to Leicester city centre and surrounding areas, making this an ideal location for commuters and families alike.
Combining generous living accommodation, an outstanding plot, enormous potential and an enviable location, this is a rare opportunity to secure a home that can be enjoyed immediately whilst offering exciting possibilities for the future.
Early viewing is highly recommended. Contact Oscar Richards Estate Agents today to arrange your viewing and discover everything this wonderful home has to offer.
Location Pine Tree Avenue enjoys a highly desirable position within the ever-popular suburb of Humberstone, offering the perfect blend of suburban tranquillity, community spirit and modern convenience.
Favoured by families, first-time buyers, professionals and investors alike, this sought-after neighbourhood provides an exceptional setting to establish a home and enjoy a balanced lifestyle.
Renowned for its friendly atmosphere and strong sense of community, Humberstone continues to attract buyers seeking a welcoming environment with excellent local facilities.
Families are particularly drawn to the area due to its selection of well-regarded primary and secondary schools nearby, alongside a variety of nurseries and childcare options, making it an ideal location for children to thrive.
Residents benefit from an excellent range of everyday amenities, with local shopping facilities and supermarkets close at hand.
The nearby amenities of Uppingham Road and Hamilton offer an array of independent retailers, cafés, restaurants and essential services, while Tesco Extra Hamilton provides convenient one-stop shopping for busy households.
For those who appreciate outdoor living, the picturesque surroundings of Humberstone Park are just a short distance away.
With its attractive lake, open green spaces, children's play areas and walking paths, it is a much-loved local landmark and the perfect place for family outings, exercise and relaxation.
Residents can also enjoy the charm of nearby Humberstone Village, known for its character and village-like feel within the city.
The area is well served by a variety of places of worship and community facilities, further enhancing its inclusive and neighbourly appeal.
Excellent transport links via the A47 and A563 provide easy access to Leicester city centre and surrounding areas, while regular bus services make commuting simple for professionals.
Combining respected schools, beautiful green spaces, excellent amenities and a genuine community feel, Pine Tree Avenue presents an outstanding opportunity to acquire a home in one of East Leicester's most established and family-friendly locations.
Whether you're taking your first step onto the property ladder, searching for a forever family home or seeking a sound investment, this is a location that truly offers something for everyone.
Bathroom (2.5m x 1.5m) Front double glazed uPVC window, radiator, wooden flooring, partially tiled walls, hand wash basin with taps, wall mirror, wc, bath with overhead shower.
Living Room (8.7m x 4.5m) Very spacious living room with large front double glazed uPVC bay window, additional windows allowing air and light, radiator, carpet, light fitting, doors to the kitchen/diner and bedroom 2.
Ample room for media unit, suite of sofas and furniture. Potential to refurbish or replace the wood burner.
Kitchen (3.8m x 2.4m) Spacious versatile kitchen/diner with gloss wall and base units, worksurface, integrated hob, oven and grill, hand wash basin with taps, vinyl flooring.
Dining Room (3.8m x 2.9m) Very large open plan dining area with rear uPVC double glazed uPVC windows, laminate wooden flooring, light fitting, radiator, space for appliances. Doors to the rear garden.
Bedroom 1 (3.7m x 3.5m) Large front double glazed uPVC bay window, radiator, carpet, light fitting, ample space for a double bed, desk and wardrobes.
Bedroom 2 (3.5m x 3.0m) Spacious bedroom with a rear double glazed uPVC bay window, radiator, carpet, light fitting, ample space for a double bed, drawers and wardrobes.
Access to the understairs cupboard. Bedroom 3 (3.5m x 1.5m) Loft space converted to a spacious bedroom, carpet, radiator, windows.
Front Garden Spacious front welcoming garden, mainly lawned and surrounded by trees, offering access to the main door on the side and access to the rear garden. Parking for up to 4 cars.
Rear Garden Large rear enclosed garden, slabbed, mainly lawned, shed for external storage, patio area for outdoor seating, bordered with fencing.
Potential for further development subject to planning permission. Parking - Driveway Off-street parking for up to 4 cars next to the front garden.
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.
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FAQ
About 38 Pine Tree Avenue, Leicester
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