3-bedroom bungalow · LE16 8YS
For saleListed 10 daysAuction 18 Nov · in 26 days
Opportunity summary
See Archie’s verdict, returns by strategy and what to check before viewing.
About
For Sale by Public Auction. Three-bedroom detached bungalow occupying a generous corner plot, with attached garage, driveway and front, side and rear gardens.
Offered with vacant possession and significant potential for refurbishment, extension and improvement, subject to the necessary consents.
A rare opportunity to acquire a three-bedroom detached bungalow situated in a quiet residential position within the highly regarded village of Middleton, close to Market Harborough.
The property requires refurbishment, offering an excellent opportunity for developers, investors and owner-occupiers looking to create a bespoke home and add value through modernisation and potential extension.
The bungalow occupies a particularly generous corner plot, with gardens extending to the front, side and rear, together with an attached garage and driveway providing off-road parking.
Internally, the accommodation currently comprises an entrance hallway, spacious lounge/diner, kitchen, three bedrooms, one of which benefits from an adjoining WC, shower room and a number of useful storage spaces.
Externally, the property benefits from established gardens, with areas of lawn, paved patio, mature planting and trees.
Situated within the peaceful village of Middleton, the property offers a combination of village living, generous outside space and significant potential for improvement.
Market Harborough is within easy reach, providing a comprehensive range of shopping, leisure and transport facilities.
This property is considered particularly suitable for a developer or investor seeking a refurbishment and value-add opportunity, whilst also offering an exciting prospect for an owner-occupier wishing to create a substantially improved family home.
Auction Details - Sheldon Bosley Knight Land and Property Auction Wednesday 18th November 2026 at 6:00pm (doors open at 5:00pm) Stratford-upon-Avon Town Hall, Sheep Street, Stratford-upon-Avon, Warwickshire, CV37 6EF Auction Terms - This property is offered for sale by traditional auction by SBK Sales Ltd, trading as SBK Auctions.
The property will, unless previously sold or withdrawn, be sold subject to the Special Conditions and General Conditions of Sale contained within the Auction Legal Pack.
The Auction Legal Pack will be available to download by registered bidders.
The sale will take place on the stated auction date by way of a live, in-room auction and the property is being sold on an unconditional basis with a fixed fee.
Some sellers may consider a pre-auction offer and the lot may be sold or withdrawn before the auction.
If the reserve price is met and the auctioneer's gavel falls, binding contracts of sale will be exchanged at that point.
Auction Deposit And Fees - The following deposits and non-refundable auctioneer's fees apply and will need to be paid to the auctioneer on exchange of contracts: •10% deposit, subject to a minimum of £5,000 •Buyer's Premium of £1,500 inc.
VAT •Search pack of £336 inc. VAT There may be additional costs listed in the Special Conditions of Sale, which will be available to view within the Auction Legal Pack.
These additional costs may be payable on completion. Buyers must read the Auction Legal Pack carefully and take professional advice before bidding.
Guide Price And Reserve Price - The guide price is an indication of the seller's current minimum acceptable sale price and is given to assist interested parties in deciding whether or not to pursue their interest.
The reserve price is the minimum price at which the seller has authorised the auctioneer to sell. The reserve price remains confidential between the seller and the auctioneer.
Where a guide price is shown as a range, the reserve price will be set within that range. Where a single figure guide price is shown, the reserve price will not be set more than 10% above that figure.
Both the guide price and reserve price can be subject to change at any time prior to the auction. Plans - Plans shown are for identification purposes only.
Services - The auctioneer understands that mains water, drainage and electricity are connected to the property, though these services have not been tested.
Buyers are advised to make their own enquiries to confirm the connected services. Directions - What3Words: ///invite.pillow.trombone Tenure And Possession - The property and land are freehold.
Vacant possession will be given upon completion, which is normally 20 working days after the auction. Please refer to the Auction Legal Pack for further details.
Bidder Registration And Auction Legal Pack - If you would like to register to bid, please visit: passport.eigroup.co.uk/bidder-registration/sheldon-bosley-knight/ You can opt to bid in person, online, by telephone or by proxy.
The Auction Legal Pack for the lot you are interested in can be downloaded here: auctioneertemplates.eigroup.co.uk/guides.aspx?a=1236&c=sbk All bidders must register before bidding, complete the required identity checks and be approved to bid.
Full details on how to register to bid, and a guide to buying at auction, can be found at: sbkauctions.co.uk Preferred Solicitors - If you would like details of our preferred solicitors, please contact the auction team and we can arrange for information to be sent to you.
Legal Documents And Additional Costs - It is essential that bidders check the legal documents prior to bidding and take professional advice.
The legal pack may include searches, title documents, Special Conditions of Sale, tenancy information, planning documents, notices, replies to enquiries and other documents relevant to the lot.
Special Conditions of Sale can contain additional costs, being costs over and above the price the lot is knocked down at, and bidders are deemed to be aware of any additional costs prior to bidding.
Bidders must rely on their own inspection of the legal pack and any professional advice they obtain before bidding. Viewings - All viewings are by appointment only through the Auction Department.
Value & comps
No previous sales on record.
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Returns
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Archie refurb estimate: a Pro feature
0.0% below starting price
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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 Cannam Close, Middleton, Market Harborough
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