3-bedroom semi-detached house · LE67 6QR
For saleListed 23 days
Opportunity summary
See Archie’s verdict, returns by strategy and what to check before viewing.
About
A fantastic opportunity for first-time buyers to take their first step onto the property ladder, this modern three-bedroom home offers 50% shared ownership and is ideally positioned at the end of a corner cul-de-sac, with a substantial block-paved driveway providing off-road parking for several vehicles.
Built in 2020 and further enhanced by the current owners, the property is presented in excellent condition and offers modern, move-in-ready accommodation arranged over two floors.
The welcoming entrance hall provides access to the accommodation, with stairs rising to the first floor.
The bright and inviting living room features wood-effect laminate flooring, attractive décor and dual-aspect double-glazed windows.
To the rear, the impressive kitchen diner is fitted with a range of modern white gloss wall and base units, stainless steel one-and-a-half bowl sink, integrated oven and four-ring gas hob, with space and plumbing for further appliances.
Double-glazed French doors open directly onto the rear garden, while a useful ground-floor WC completes the ground floor.
Upstairs, the landing leads to three well-proportioned bedrooms, all served by a contemporary three-piece family bathroom with shower over bath, tiled surround and opaque double-glazed window.
Outside, the beautifully landscaped rear garden combines a sandstone patio, plumb slate chippings, lawn and planted borders, enclosed by fencing with a side gate.
The front garden is laid to lawn with established laurel hedging, while the generous block-paved driveway provides excellent parking.
Being positioned at the end of the cul-de-sac also offers the benefit of no passing traffic. The property is available on a 50% shared ownership basis, with rent payable on the remaining 50% share.
The current rent is £275.55 per calendar month.
The full share can be purchased * On The Ground Floor Entrance Hall Living Room (3.66m x 4.47m (12'0" x 14'8")) Cloakroom Wc Kitchen Diner (4.72m x 3.10m (15'6" x 10'2")) On The First Floor Landing Bedroom One (4.65m x 2.49m (15'3" x 8'2")) Bedroom Two (2.46m x 3.86m (8'1" x 12'8")) Bedroom Three (2.06m x 2.74m (6'9" x 9'0")) Family Bathroom On The Outside Front Garden Rear Garden Substantial Driveway
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.
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FAQ
About 7, Redshaw Lane, Ibstock
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