2-bedroom house · LE7 7DB
Listing removedListed 78 days
Opportunity summary
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About
Hampsons are delighted to present this exceptionally rare opportunity to acquire this much larger than average two bedroomed semi-detached home, extending to over 1000ft2 of accommodation and with the potential to convert to a three bedroomed home easily if the propective purchaser desires.
Thought to be almost identical in size to the three bedroomed semi-detached homes on the development but set up as two bedrooms as a condition of planning, this property represents excellent value for the discerning first time buyer or investor.
Constructed in 2019 to an exacting specification throughout and backing on to open countryside, the property is positioned ideally on a small development on the Anstey/Glenfield border, within close proximity to local amenities and the major road networks, with the A46, A50, M1 and M69 within a few minutes drive.
The internal accommodation comprises in brief; a welcoming entrance hall with a staircase rising to the first floor and a door leading into a spacious lounge with a walk in bay window to the front.
A door leads through to an inner hallway where there is a downstairs WC off.
The undoubted highlight of the home is the stunning dining kitchen which spans the full width of the property and is fitted with a range of wall and base units with quality fitted appliances and an island unit/breakfast bar.
There is ample space for a dining table and bi-folding doors open out to the gardens and provide a fine view of the countryside beyond.
A useful utility room has a sink and drainer and space and plumbing for a washing machine.
To the first floor there is a landing with doors off to a sizeable master bedroom to the front of the property with a built in storage cupboard en-suite off comprising a double shower unit, low flush WC and pedestal wash hand basin.
The second bedroom is of exceptional proportions and is semi-partitioned into two spaces but could easily be split into two separate bedrooms.
Completing the accommodation is a family bathroom comprising a panelled bath with shower over, low flush WC and a pedestal wash hand basin.
Externally, to the side of the property there is a driveway affording off road parking for two cars.
A set of gate gives access to the rear gardens which have a non-overlooked rear aspect and are mainly laid to lawn with a patio area and shrub borders.
Please note that there is a service charge payable for the upkeep of the wider development and we are advised by the vendor that this is presently in the region of £200 per annum. EPC Rating: B
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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