2-bedroom house · LE12 8DB
Sold STCReduced £10k (−4%) on 15 AugListed 228 days
Opportunity summary
See Archie’s verdict, returns by strategy and what to check before viewing.
About
**guide price £260,000 to £270,000 Frank Innes are pleased to bring to market this charming cottage, offered with no upward chain and featuring two generous reception rooms, each with exposed brick chimney breasts providing attractive feature focal points.
The property includes two double bedrooms and a fitted kitchen with sleek white high gloss units, integrated oven, gas hob with extractor, space for a fridge freezer and plumbing for a dishwasher.
A particularly useful utility room offers plumbing for a washing machine, space for a dryer, along with a WC and hand wash basin.
The first floor bathroom is finished with modern white tiling contrasted by black grout, and includes a hand wash basin, WC and a contemporary P shaped bath with shower over.
Externally, the long rear garden leads to a substantial timber garage with electric and lighting and valuable off road parking accessed via a service lane.
A nearby bus stop provides convenient transport links, and the home is within easy reach of Quorn’s well regarded shops, schools and medical facilities, as well as excellent connections to Loughborough, Leicester and the M1.
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
FAQ
About 30, Wood Lane, Leicestershire
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