2-bedroom bungalow · LE6 0BA
Listing removedListed 287 days
Opportunity summary
See Archie’s verdict, returns by strategy and what to check before viewing.
About
No onward chain – Located on this desirable and quiet road in Groby, this two-bedroom semi-detached bungalow is ideal for anyone looking to downsize and is offered to the market with no onward chain.
Accessed via a side entrance door, the property welcomes you into an entrance hallway providing access to the main living areas.
The lounge diner is spacious and offers an excellent space to relax, with ample room for a dining table.
The kitchen is presented in good condition and features modern matching units, fitted appliances, work surfaces and additional appliance space.
Leading from the kitchen is a lean-to-style conservatory, which provides access to the rear garden. The accommodation includes two bedrooms, comprising one double bedroom and one single bedroom.
A shower room is presented in clean, well-maintained condition. Externally, the property benefits from a well-kept rear garden, a detached single garage and a driveway providing off-road parking.
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 4 Carmen Grove, Leicester
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