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See how verdicts work2-bedroom house · LE9 9NG
Listing removedListed 244 days
Opportunity summary
See Archie’s verdict, returns by strategy and what to check before viewing.
About
Positioned in the heart of Newbold Verdon, this bay-fronted semi-detached home is one of those properties that genuinely surprises you once you step inside.
From the front, it may look like a typical two-bedroom home, but that really doesn’t tell the full story.
In terms of overall space, this is actually larger than some three-bedroom semis locally, and it shows as soon as you walk through the door.
It’s a home that needs to be experienced properly to appreciate just how much it offers.
The current owner has refurbished the property to a high standard, while still keeping the character that makes these homes so popular, Minton tiled flooring in the hallway, feature fireplaces, and that sense of space you just don’t get in many newer builds.
Downstairs, you’ve got a proper through lounge diner, giving you flexibility whether it’s family time, hosting, or just having room to spread out.
The conservatory adds that extra layer of living space, ideal as a second sitting area, playroom or even somewhere to work from home. The kitchen is a real focal point.
Solid oak worktops, a Rangemaster cooker, and plenty of usable space make it feel both practical and well-finished.
Off this, there’s a separate utility room with WC, something buyers are always looking for and not always easy to find in homes of this style.
Upstairs, there are two genuinely good-sized double bedrooms, not compromised in any way, along with a large four-piece bathroom that was formerly a third bedroom.
That extra space really comes through, with a roll-top bath and separate shower creating a much more premium feel than you’d expect. Outside is where this property continues to stand out.
The rear garden is a great size and enjoys a south-west facing aspect, meaning you’ll benefit from sun well into the evening.
There’s a patio area for entertaining, a lawned section, and further space to the rear where you’ll find a large cabin, ideal for use as a home office, hobby space, or simply additional storage for things like bikes and outdoor equipment.
There’s also a former pig shed at the back of the garden, which adds even more useful storage and a bit of character to the space.
To the front, the property is set back with a block paved driveway providing off-road parking, along with established borders adding to the kerb appeal.
Location-wise, you’re right in the centre of Newbold Verdon, with local amenities, schooling and transport links all within easy reach.
If you’re someone who’s been set on finding a three-bedroom home purely for space, this is one that’s well worth a look, because this particular property proves that numbers don’t always tell the full story
Value & comps
No previous sales on record.
Returns
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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
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FAQ
About 23, Dragon Lane, Leicester
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