4-bedroom detached house · LE8 4DW
For saleListed 38 days
Opportunity summary
See Archie’s verdict, returns by strategy and what to check before viewing.
About
Detached period property on a corner plot position within walking distance to Blaby Town Centre. A fantastic project in need of full refurbishment with the opportunity to create a superb family home.
Offered with no onward chain. In brief the property comprises of entrance area, 22ft entrance hallway with stairs leading to the first floor.
There is a generous front reception room with dual aspect windows, rear reception room, rear 18ft kitchen area with door leading out to the rear.
Also located of the entrance hall is a side utility lobby area and a downstairs shower room/WC.
To the first floor the spacious landing area leads to two good size double bedrooms, a third single bedroom and a further box room/dressing room, there is also a family bathroom located to the rear.
The property has a gas fired central heating system however we are advised this is not currently operational, the majority of the windows are also secondary glazed.
Externally the property sits on a corner plot position with Lutterworth road/Auburn Road. There is a front gate, borders and low wall front extending down to the side of the property.
A side gate leads to the rear garden with path, lawn and fence surround. Located to the rear of the property is a large brick built garage (28ft x 12ft) ideal for a variety of uses.
Rarely do properties of this type and potential come to the market and viewing comes highly recommended to appreciate the size and layout of accommodation on offer.
EPC rating is E and Council tax is band D.
Entrance Hall 22' 2" x 5' 6" max (6.76m x 1.68m) Front Reception Room 13' 5" x 12' 5" (4.09m x 3.78m) Rear Reception Room 12' 1" into rec x 11' 11" (3.68m x 3.63m) Kitchen 18' 0" x 8' 1" (5.49m x 2.46m) Utility Lobby 10' 5" x 6' 5" (3.17m x 1.96m) Landing 17' 6" x 5' 6" max (5.33m x 1.68m) Bedroom 1 13' 5" into rec x 12' 5" to back of robe (4.09m x 3.78m) Bedroom 2 12' 0" x 11' 11" into rec (3.66m x 3.63m) Bedroom 3 8' 1" x 6' 11" (2.46m x 2.11m) Box Room/Dressing Room 8' 2" x 5' 0" (2.49m x 1.52m) Garage 28' 2" x 12' 6" (8.59m x 3.81m)
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.
Area
Agent & docs
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FAQ
About 51, Lutterworth Road, Leicester
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