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See how verdicts work2-bedroom bungalow · LE7 4YD
For saleListed 165 days
Opportunity summary
See Archie’s verdict, returns by strategy and what to check before viewing.
About
**Quiet Cul-De-Sac Position with Private Garden & Excellent Potential in Desirable Rearsby** Situated within a highly sought-after and quiet cul-de-sac in the desirable village of Rearsby, this two-bedroom detached bungalow offers an excellent opportunity for buyers looking to downsize or place their own stamp on a well-positioned home.
The property benefits from double glazing and central heating throughout and is set behind an attractive frontage featuring a mature raised bed planted with a striking Acer tree, alongside established bushes and seasonal flowers.
A recently installed imprinted concrete driveway (completed approximately three years ago) runs along the side of the bungalow, providing off-road parking and leading directly to the integral garage.
Internally, the accommodation comprises a welcoming lounge with two front-facing windows allowing for plenty of natural light, complemented by a gas fire and radiator.
The kitchen enjoys a rear aspect with a sink positioned beneath the window, and is fitted with a four-ring hob, extractor fan, double oven, and integrated under-counter fridge and freezer, along with space for a washing machine.
There are two bedrooms, with the main bedroom positioned at the rear of the property and featuring fitted wardrobes surrounding the bed space and a radiator.
The second bedroom includes a side aspect window, fitted wardrobes, desk and drawers, and also houses the airing cupboard and hot water tank.
The bathroom is fitted with a bath with shower over, WC, wash hand basin, and heated towel rail, along with a tiled floor. The meter and stopcock are also located here.
In the hallway, there is access to a boarded loft for storage complete with loft ladder and light.
Externally, the private rear garden is a particular feature, offering a peaceful setting with patio seating area, rockery, raised lawn, and an abundance of mature trees and planted borders.
There is gated access on both sides of the property, enhancing both convenience and privacy.
The integral garage is equipped with power and lighting, a rear window, and an up-and-over door, with meters and fuse box also located within.
While the property would benefit from a scheme of modernisation, it presents a fantastic opportunity to create a comfortable and personalised home in a highly regarded village location.
Lounge (6.6m x 3.3m) Kitchen (3.1m x 2.4m) Bedroom One (3.6m x 3.3m) Bedroom Two (3.1m x 2.3m) Bathroom Garage Front Garden Rear Garden
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
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FAQ
About 29, Bleakmoor Close, Leicester
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