2-bedroom bungalow · LE8 4AW
Listing removedListed 127 days
Opportunity summary
See Archie’s verdict, returns by strategy and what to check before viewing.
About
Two bedroom semi detached bungalow in the sought after location of Blaby.
Benefitting from two double bedrooms, generous lounge and a refitted kitchen, there is some cosmetic improvement required but an early viewing is highly recommended to avoid disappointment.
Offered with no onward chain.
In brief the property comprises of entrance area, entrance hall, front lounge with dual aspect windows, kitchen with refitted base and wall units, side elevation window and access to the rear lobby and store and in turn a timber frame garden room.
There are two generous double bedrooms and a family shower room/WC.
Externally there is a small lawn garden to the front and a block driveway providing car standing and giving access to a sectional garage.
A side gate leads to the rear garden with lawn area and mature borders. EPC rating awaited, Council tax is band B.
Lounge 14' 5" x 12' 1" (4.39m x 3.68m) Kitchen 9' 6" x 8' 7" (2.90m x 2.62m) Bedroom 1 12' 11" max to back of robes x 11' 10" (3.94m x 3.61m) Bedroom 2 12' 0" x 9' 0" (3.66m x 2.74m)
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
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FAQ
About 10, Ridley Close, Leicester
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